Search Results


Strong demand underpins healthy financial performance at Coillte

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 announces record revenues and operating cash for 2017

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 Announce the Successful Sale of our Share of our Operating Wind farms to Greencoat Renewables

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