Evergreen Forests Limited - Latest News [Page 2]
Evergreen Seeks Expressions Of Interest In Estate
Thursday, 24 March 2005, 10:18 am | Evergreen Forests Limited
Evergreen Forests Limited is to call for expressions of interest in its forestry estate and has mandated Forsyth Barr to undertake a competitive sale process. More >>
Results reflect forest valuation reduction
Monday, 21 February 2005, 5:08 pm | Evergreen Forests Limited
Evergreen Forests Limited announced today an unaudited after tax loss of $8.341m (2003 loss $13.151m) for the half year to 31st December 2004. The previously announced valuation write-down of its forests accounted for $14.590m (after tax $9.775m). More >>
Evergreen Forests Mandates Investment Bank
Tuesday, 18 January 2005, 10:48 am | Evergreen Forests Limited
Listed forestry investment company Evergreen Forests Limited announced today that it has mandated Forsyth Barr to advise the company on asset sale and recapitalisation options. More >>
Evergreen announces further valuation reduction
Wednesday, 22 December 2004, 10:41 am | Evergreen Forests Limited
Evergreen Forests Limited has advised that its 31st December 2004 forest value has fallen by $14.6 million compared with the June 2004, following independent valuation. More >>
Reduced Forest Valuation
Monday, 30 August 2004, 1:50 pm | Evergreen Forests Limited
Evergreen Forests Limited announced a full year after tax loss of $12.026m (2003 loss $36.484m) on turnover of $40.247m (2003 $40.100m). More >>
Evergreen Forests Restructure
Monday, 19 April 2004, 1:48 pm | Evergreen Forests Limited
As outlined in its interim report (available at Evergreen Forests Limited is to focus on management of its existing forests rather than following a strategy of growth. More >>
Evergreen Announces Interim Result
Friday, 20 February 2004, 2:41 pm | Evergreen Forests Limited
Evergreen Forests Limited announced today it incurred a net loss after tax of $13.151 million for the six months ended December 2003 (December 2002 profit $4.270m). The loss incorporates the forest value write-down ($13.162m post tax) announced in December ... More >>
Evergreen Announces Year End Result
Monday, 25 August 2003, 12:27 am | Evergreen Forests Limited
Evergreen Forests Limited announced today an increased operating profit of $7.074 million (2002: $6.968 million) on turnover of $36.6 million (2002: $21.8 million). Chief Executive Mark Bogle said that the market downturn during the year reduced ... More >>
Evergreen Reduction In Year End Forest Value
Thursday, 1 May 2003, 10:09 am | Evergreen Forests Limited
Evergreen Forests Limited announced today that its independent forest valuer, Jaakko Poyry (Asia-Pacific) Limited, had given a preliminary indication that the company's forest value for the year-end 30 June 2003 would be in the range of $141m to $149m. ... More >>
Evergreen Announces Refinancing
Monday, 3 March 2003, 4:44 pm | Evergreen Forests Limited
Evergreen Forests Limited announced today that it had obtained a ten-year, US$10 million loan from John Hancock Life Insurance Company. John Hancock is a major world-wide forestry lender located in Boston, Massachusetts, USA. More >>
Evergreen Annnounces Steady Profit
Tuesday, 18 February 2003, 8:30 am | Evergreen Forests Limited
Evergreen Forests Limited announced today an operating profit of $4.270 million for the six months ended December 2002 (December 2001: $3.540 million). Chief Executive Mark Bogle said that increased production during this period and satisfactory market ... More >>
Chairman’s address-
Tuesday, 12 November 2002, 3:38 pm | Evergreen Forests Limited
My annual report comments have outlined our view on the Forestry sector, its challenges and opportunities and what we see as the matters for us to address in the year ahead. More >>
Evergreen Announces Increased Profit And Valuation
Friday, 23 August 2002, 11:51 am | Evergreen Forests Limited
Evergreen Forests Limited announced today consolidated net profit of $6.746m for the 12 months ended 30th June 2002 (2001: $5.044m). The operating profit before abnormals was also higher at $6.968m (2001: $6.508m) on a harvest volume of 211,204t (2001: ... More >>
Evergreen Announces Steady Profit
Wednesday, 20 February 2002, 2:00 pm | Evergreen Forests Limited
Evergreen Forests Limited announced today an operating profit of $3.540 million for the six month s ended December 2001 (December 2000: $3.532 million). Chief Executive Mark Bogle said that this w as a good result given log market volatility and the ... More >>
Evergreen Forests: Chairman's Address
Friday, 16 November 2001, 1:55 pm | Evergreen Forests Limited
Our Annual Report publication is our means of communicating with our stakeholders in an expanded way and I trust the additional commentary provided is of interest as well as being informative. The report document has a wide circulation and is well ... More >>
Steady Profit And Share Buyback Programme
Thursday, 23 August 2001, 2:14 pm | Evergreen Forests Limited
Evergreen Forests Limited has reported a consolidated net profit of $5.044m for the 12 months ended 30th June 2001 (2000: $5.152m). The company's independently assessed year-end forest value increased to $157.4m (2000: $148.6m). Net asset value per share ... More >>
Evergreen Forests Year End Forest Valuation
Wednesday, 4 July 2001, 6:11 pm | Evergreen Forests Limited
The value of Evergreen's forest estate, as at 30 June 2001, has been independently appraised by Jaakko Poyry at $157.4 million. More >>
Placement Of Shares And Convertible Note Buy Back
Friday, 29 June 2001, 4:49 pm | Evergreen Forests Limited
Evergreen Forests announced today that it will raise $4.88 million through a placement of 9.3 million shares to Danish investors. The placement will be to two existing pension fund shareholders at 52.5 cents per share, a premium of 5% to the current ... More >>
Evergreen Lifts Half Year Profit To $3.5 Million
Thursday, 22 February 2001, 3:52 pm | Evergreen Forests Limited
Forestry investment company Evergreen Forests Limited has reported a profit of $3.5 million, an increase of $1.4 million over the same period last year. More >>