Segezha Q3 plywood sales down 21%

Russian forest product group Segezha faces headwinds in plywood sales. Q3 2020 plywood sales totalled 38,100 m3 which is 17.1% less compared to the same period of last year. Since the fourth quarter of 2019, sales have been declining each consecutive quarter. Segezha’s Q3 financial result release says that “Revenue from plywood sales remained flat…...

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