Sales up by 36% again

Article by Gerd Ebner (translated by Eva Guzely) | 21.12.2023 - 11:49

Last year, the cumulated sales of the six Austrian timber groups totaled nearly €5.8 billion (+36%).

With €1 billion in revenue from ordinary activities, the companies achieved a return on sales of 18%, following 26% in the year before.

The annual profit fell from €791 million in 2021 to €744 million in 2022. Despite all the acquisitions and investments, the equity ratio remains above the 50%-mark.

Key figures of Austria’s six biggest timber companies | 2020–2022
Key figures	2020		2021		2022
Key figures	in M. €	in % of sales	in M. €	in % of sales	in M. €	in % of sales
Sales	3,008	–	4,092	–	5,777	–
Material costs	1,354	45	1,835	45	2,885	50
Staff costs	433	14	469	12	634	11
Amortizations	152	5	181	4	287	5
Revenue from ordinary activity	442	15	1,050	26	1,013	18
Profit	330	11	791	19	744	13
Equity	1,325	59	2,014	63	2,509	53
Balance sheet total	2,247	–	3,217	–	4,773	–