Revenues of €479m Operating cash reaches record €107m Strong EBITDA of €157m and Operating Profit of €119m €27.7m dividend to State €45m upgrade of SMARTPLY operation completed Ongoing engagement on Coillte’s Forestry Strategic Vision   Thursday, 27 April 2023: Coillte today announced its financial performance in respect of 2022, building on the record results in &hellip

Coillte, Ireland’s largest commercial forestry and land solutions company, today announced its annual results for the financial year ended 31 December 2017. Coillte reported another record year of transformation and growth. The company delivered a strong financial performance in 2017 and exceeded each of its key strategic performance metrics.    Most notably Coillte doubled its operating &hellip

Coillte sells its operating wind farm assets to Greencoat Renewables plc for an Enterprise Value of €281m Equity price achieved of €136.1 million, above Coillte’s original target of €125 million Coillte had invested a total of €25m equity in these four wind farms over past 4 years Capital raised to be recycled back into the &hellip

* Coillte to test the market and crystallise the value of investments made in its wind farms over the last four years * Invested €25m in existing operating wind farms over the last four years * In the current strong market Coillte believe these assets will achieve a value in excess of €125m * Later in &hellip

    A series of National Fire Training Days are due to take place around the country over the coming weeks as part of a campaign led by Coillte in association with The Forest Service and with the support of the Minister for Agriculture, Michael Creed T.D., who officially launched the campaign in Millstreet County &hellip

Growing the Irish Forest Bioeconomy Breakfast Seminar Wednesday 21st March 8:30am to 10:30am Sustainable Nation, Dublin Docklands Building   Coillte is delighted to introduce this exciting breakfast seminar communicating the key role that irish Forests will play in the new emerging Bioeconomy. The gross output of the Irish forest sector is set to double by &hellip