From 2014 to 2019, Binderholz and Mayr-Melnhof Holz reported the highest cumulated profits, i.e. € 299 million and € 297 million, respectively. Thus, the companies earned on average € 50 million a year. In this period, both timber companies acquired companies in Germany, and Binderholz even became involved in Finland.
Mayr-Melnhof Holz’s economic U-turn is worth mentioning every year. The Leoben-based company went from € 126 million in losses (2007 – 2013) to nearly € 300 million in profits in the six year-period that followed.
With € 141 million, Tyrolean Pfeifer group ranks third among the companies with the highest cumulated profits in the years from 2014 to 2019.
Hasslacher Norica Timber reported € 101 million in profits. Even in the difficult years from 2007 to 2013, the Carinthian family company was in the black with a total of € 12 million.
This is also true for Holzindustrie Maresch which saw its profits rise from € 10 million in the years from 2007 to 2013 to € 45 million in the period 2014 to 2019.
The sawmill profits of Johann Offner Holzindustrie alone totaled € 33 million. If you include the Carinthian company’s processing division KLH, another € 16 million are added in the period 2014 to 2019. In the past few years, KLH generated annual profits of around € 2.5 million and even more than € 4 million in 2019.
As a pure sawmill, Donausäge Rumplmayr’s profits have been at € 15.8 million since 2014.
2007–2013 | 2014–2019 |
---|---|
45% increase in sales of all seven companies from 2007 to 2013 | 157% increase in sales of all seven companies from 2014 to 2019 |
€ 137 million in losses for all seven companies | € 933 million in profits for all seven companies |
Biggest losses: Mayr-Melnhof Holz with € 126 million | Biggest profits: Binderholz with € 299 million; followed by Mayr-Melnhof Holz with € 297 million |