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Coillte’s wood-based panel sales up by roughly 8 %

07.06.2018 − 

The “Medite Smartply” division of Irish Coillte Teoranta boosted its MDF sales volume by 3 % in the business year 2017 to 429,000 m³. The growth in the delivery volume of OSB was even more pronounced, though Coillte has not given any specific sales figures. The total volume of wood-based panel sales was consequently 8 % higher than a year earlier. The production volume is said to have risen by 12 % compared to the preceding year. Here, the continuous OSB line put into operation at the Waterford facility in April 2016 as part of a replacement investment project achieved capacity utilisation of roughly 90 % last year.

The average selling prices of OSB were able to be improved by 1 % mainly as a result of a higher proportion of higher-quality products whereas MDF prices were 4 % lower than the year before. The division’s sales revenue consequently increased disproportionately by 6 % to 188.4m € compared to the preceding year. Disproportionate growth was registered in revenue from MDF and OSB sales in Ireland (+9 % to 34.1m €) and the sales regions “Rest of the World” (+7 % to 44.7m €). The adverse development in exchange rates from the point of view of the company led to a lower rate of growth of 4 % in the UK to 109.6m €.

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