Industry Press Releases

Danzer FY 2015 sales increased by 9.5% to Euro 254 million

Friday, Mar 04, 2016
Pressreleases

Danzer closes its first business year at its new head office in Dornbirn, Austria, with a considerable increase in sales of 9.5%, from Euro 233 to Euro 254 million compared to the previous year, as the company said in the press release received by Lesprom Network.

“Especially in the sector of our deck layers for hardwood flooring the demand increased – like in the previous years – significantly. Since we have started our flooring activities in the year 2012, we have continuously increased our capacities in this sector and that is what we are going to do in the future. In line with our strategy we will continue to invest in the production of deck layers in the next years”, says Hans-Joachim Danzer, CEO hief of the Danzer Holding AG.

The planned investments of Euro 15 million will be used to expand and upgrade plants in France and in the Czech Republic. In 2016 the production of deck layers will also start at Danzer plants in the USA.

“Furthermore, with the acquisition of the Czech splicing company Raspenava we can now offer our European customers both veneers and spliced faces. The plant can meet flexibly smaller, customer specific requests and is an expert in splicing thick-cut veneers”, says Danzer regarding this investments and comments further: “In China, the demand for logs declined with the overall cooling off of the economy.”

Danzer achieved approximately 41.4% of its sales with lumber, followed by veneer with 36.5%, logs with 9.7% and specialty products and custom solutions, e.g. 3D-Veneer with 12.4%.

Danzer is a leading quality hardwood company. Danzer owns and manages forests sustainably and produces veneer, timber and innovative value-added wood products for decorative purposes.

 

 

Source: lesprom.com

Other Press Releases