Pfleiderer Group considers up to PLN 390 million share buyback program

Pfleiderer Group considers share buyback program of up to PLN 390 million. According to the announcement, the draft resolution authorizing the Management Board of the company to conduct a buyback is on the agenda for the AGM set for June 21, 2017.

In 1Q2017 Pfleiderer Group reported stable sustainable EBITDA amid 2.5% growth of net sales

Earlier Pfleiderer Group announced an expansion of the recycled wood use in particleboard production at its Neumarkt plant in Germany

About Pfleiderer Group:

The company is a complete wood-based panel manufacturer. Its production and sales activities are comprised in the two regions Western Europe and Eastern Europe, each with independently operating Business Units marketing its own brands and products tailored to specific target groups.

Source: Woodbizforum