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7 Seas Group USA

Raute receives record quarter orders in Q2/2023

by ssbhayani | Aug 28, 2023 | #timberindustrynews, Daily News, financial results, Industry News, Raute, woodworking machinery

In April-June, Raute’s net sales amounted to 29.3 million euros, which is…

Homag Group reports fall in order intake in H1/2023

by ssbhayani | Aug 7, 2023 | #timberindustrynews, Daily News, financial results, Homag, Industry News, woodworking machinery

Following the very strong previous years, the Homag Group’s order intake declined in…

Södra posts lower result due to deteriorating market conditions

by ssbhayani | Aug 4, 2023 | #timberindustrynews, Daily News, financial results, Industry News, Markets, Södra, Södra Wood, wood products

Swedish group Södra posted a lower result for the second quarter of…

Capacity will continue to be reduced, says UPM’s CEO

by ssbhayani | Jul 27, 2023 | #timberindustrynews, Daily News, financial results, Finland, Industry News, UPM

The scarcity of raw wood affects the plans of forest companies more…

Lumber price decline and reduced DIY spending impact Home Depot sales

by ssbhayani | May 18, 2023 | #timberindustrynews, Daily News, financial results, Home Depot, Industry News, lumber prices, Lumber Pricing Trends, US lumber prices

Lumber prices under pressure contributed to Home Depot missing quarterly sales expectations,…

Metsä’s sales of sawn timber and plywood fall in Q1/2023

by ssbhayani | May 8, 2023 | #timberindustrynews, Daily News, financial results, Industry News, Metsä, Metsa Group, Metsä Wood, plywood, sawn timber

The sales of the Wood Products Industry, i.e. Metsä Wood, in January–March…
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