York Timber Holdings Ltd 2018 IR
The report highlights York Timbers' performance and strategic initiatives for the fiscal year ended June 30, 2018. The company achieved its highest EBITDA to date of R276 million, representing a 12% increase, and successfully completed its Plywood Expansion Project with the installation of a new 48 daylight press. Despite a challenging economic and political environment in South Africa, including labor unrest and high log prices, York Timbers reduced its net debt by R108 million. The company also advanced its precision forestry and precision processing initiatives, utilizing digital solutions like LogTrace and participating in the Pine SNP Chip project to enhance its biological assets.
Company: York Timber Holdings Ltd
Sector: Materials
Country: South Africa
Year: 2018
Type: IR
Pages: 174
York Timber Holdings Ltd
Integrated Annual Report
The report highlights York Timbers' performance and strategic initiatives for the fiscal year ended June 30, 2018. The company achieved its highest EBITDA to date of R276 million, representing a 12% increase, and successfully completed its Plywood Expansion Project with the installation of a new 48 daylight press. Despite a challenging economic and political environment in South Africa, including labor unrest and high log prices, York Timbers reduced its net debt by R108 million. The company also advanced its precision forestry and precision processing initiatives, utilizing digital solutions like LogTrace and participating in the Pine SNP Chip project to enhance its biological assets.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board