In Q3 2024, revenue from Russian forestry products reached RUB 620 billion (€6.2 billion), the highest quarterly figure in 2.5 years. This marked a 15% decrease from Q3 2023, but the sector still posted strong year-to-date growth. For the first nine months of 2024, total revenue rose to RUB 1.8 trillion (€18 billion), a 21% increase compared to the same period in 2023. Net profits followed a similar trend, growing by 6.8% in Q3 2024 to RUB 70 billion (€700 million), while cumulative profits over nine months reached RUB 172 billion (€1.72 billion ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
