Gascogne, a leading wood industry player in France, increased EBITDA margin to 5.4% in 2016

Gascogne, a leading player in the French wood industry, reported 31.7% increase of EBITDA amid 2% decrease of sales in 2016 y-o-y. According to the announcement, the company’s revenues accounted for EUR 406.8 million, generating EBITDA of EUR 22 million (5.4% margin ) in the period.

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

About the Gascogne Group:

The company is an international group operating in four complementary and fully integrated divisions focused on generating value in specific market segments. Each division is a leader in its specialist area: Gascogne is France’s leading multi-specialist producer of wood products; the world’s leading producer of Natural Machine-Glazed Kraft paper; 3rd European producer of industrial and consumer sacks; one of the world’s leading producers of laminates for packaging and protection applications. Gascogne has 2,000 staff and operates in 70 countries across five continents, with 17 subsidiaries and 15 production units.

Source: Woodbizforum