AGRICULTURE / FORESTRY
Despite challenging market conditions, integrated forestry company York Timbers increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) and core earnings by 12% and 59%, respectively, for the full year ended June 30. The company on Tuesday pointed out that the Ebitda growth was the result of investment in processing and forestry operations in the last few years, together with continued efficiency gains.
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