Segezha Group's revenue for 9 months of 2022 increased by 28% to 87.4 billion rubles. compared to a year earlier. The growth was mainly due to the effect of consolidation of assets of NLHC JSC and Inter Forest Rus LLC (IGF), which became part of the Group in the third and fourth quarters of 2021, respectively. This is stated in the company's message.
The OIBDA indicator amounted to 20.3 billion rubles. There was a decrease of 7% against the background of price inflation for a number of production components, as well as a significant increase in logistics costs. Net profit amounted to RUB 7 billion, a decrease of 37%.
Segezha Group (PJSC Segezha Group of Companies, TIN 9703024202) is a unique Russian timber holding. The Group is one of the largest forest users in the world. The total area of the leased forest fund is 16.1 million hectares, and the volume of the estimated cutting area is 23.2 million cubic meters.
Segezha Group is an international holding company - the geography of assets covers 14 states, while all major production facilities are concentrated exclusively on the territory of the Russian Federation. The company is represented in the markets of more than 100 countries. The labor collective is growing and developing together with the holding – now there are about 20 thousand people in it.
Segezha Group's net profit in the first half of 2022 increased by 58% to RUB 12 billion. Revenue increased by 48% to 63.3 billion rubles, OIBDA - by 34% to 17.7 billion rubles.
