The forest and timber division saw sales rise 9% in Q3 to €397m, while operating profits, excluding special items, was up to €8m (2012: €7m). For the first nine months of 2013 sales were marginally up to €1.27bn, while operating profits more than doubled to €27m.

The plywood division’s sales grew 4% in Q3 to €98m and deliveries rose by 2% to 169,000m3, supported by increased exports outside Europe. Operating profits were €2m (2012: -€3m).