- Hardwood specialist reports sales growth for the third year running
Hardwood specialist Danzer reports a positive business development for 2014. With 5%, Danzer’s 2014 sales grew faster than the industry average, due to investments in successful new products, yield increasing technologies and capacity additions.
Danzer reports consolidated sales of €M232 for the year 2014 after €M221 in 2013 and €M211 in 2012. The growth rate in 2014 was 5% after 5% in 2013 and 10% in 2012. A main source for the above average growth have been, according to the company, successful new products and technologies, like scanned logs for optimized procurement, thick-cut sliced surface layers for the parquet industry and cross-cut 3D-Veneer inner layers for 3D-Plywood shells. The increasing utilization of the recently improved and expanded saw mill in Bradford, PA, USA also contributed to Danzer’s sales growth. Over the last three years, Danzer invested approximately €M20 in new technologies, equipment and products. In 2014, Danzer created 187 new jobs, 63 of which in Africa.
Danzer sold its products to 80 different countries worldwide. The top five countries accounted for 58.6% of total sales (USA, UK, China, France and Germany). Sales to these five countries grew by 15% on average. Sales to Northern and Eastern Europe, including Russia declined by 5% on average. Sales to Southern Europe and the Middle East increased by 9%.Danzer’s 2014 sales by product type have been: sawn wood (lumber) 43%, sliced wood (veneer) 43% and logs 14%. Danzer reports to have sold more than 200 species in 2014; the top 30 species accounted for more than 90% of sales; overall sales distribution by region of origin: 44% North American species (mainly Walnut, White Oak, Black Cherry and Hard Maple), 32% African species (mainly Sapelli, Wenge, Sipo and Azobe) and 24% European species (mainly Oak, Ash, Beech and Birch).
About Danzer
Danzer is a leading quality hardwood company. The company employs approximately 2,500 employees and services customers from 21 sales offices worldwide. Founded in 1932, the family oriented company is managed by a member of the third generation. Danzer owns and manages forests sustainably and produces veneer, timber and innovative value-added wood products for decorative purposes. Danzer products are being used in high-quality furniture, automobiles, interior architecture and other applications. (Copyright: Danzer Services Schweiz AG - 03/2015)
