Rougier decreased EBITDA margin to 6% in 2016

Rougier decreased EBITDA by 26% amid 9% decline of revenues in 2016. According to the announcement, the company’s net sales accounted for EUR 149.4 million, generating EBITDA of EUR 8.9 million in the period (6% margin).

Check other wood business-related companies 4Q2016 schedules for financial and operating results.

Earlier Rougier signed a partnership contract to supply logs in Gabon.

About Rougier Group:

The group is a market leader for certified African tropical timber with over two million hectares of forest concessions under management in Cameroon, Gabon and Congo. It operates three business lines: Rougier Afrique International (natural forest harvesting, industrial processing and international trade), Rougier Sylvaco Panneaux (importing and distribution in France of timber from all origins), and Lignafrica (research, management and investment in industrial forest plantations in Africa).

Source: Woodbizforum