The voice of the global wood-based panels industry.
Wood based panel producer Sonae Indústria which operates 21 production plants located in six countries in three continents, reports unaudited сonsolidated results for the H1, 2017 reaching €121.8m, an improvement of 1% compared to H1, 2016 (€1.2m) benefiting from the appreciation of the Canadian dollar versus the Euro.
Sonae Indústria consolidated EBITDA for the first semester of the year reached €20.6m, approximately €1.5m higher than H1, 2016, on a comparable basis, mostly explained by lower fixed costs that this year reflect one-off adjustments to personnel cost accruals.
