Coillte had an excellent year in 2010 achieving a net profit after tax of €32.1m, up from €4.2m in 2009. This improvement was largely driven by strong demand for logs sold to sawmills in the first half of the year and higher prices for our panel board products, especially our SmartPly oriented strand board (OSB) product range. Effective cost control also contributed, as did good management of exchange rate exposure and interest costs.
This video is an overview by David Gunning, Coillte CEO.
Link to this comment:
All Comments (1)