Articles > Business magazines > Engineering, Construction, and Transportation magazines > Wood Based Panels International articles > June 2003

Article: Coillte profits hit by SmartPly. (News).

Article from:
Wood Based Panels International
Article date:
June 1, 2003
Copyright

Irish state forestry company Coillte's profits only lifted 2% to almost [euro]18.74m last year, partly because of continuing losses at its SmartPly operation.

Coillte assumed 100% ownership of SmartPly Europe Ltd during 2002 but the business continues to be loss-making due to over capacity in Europe.

But ...

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