Wednesday 1 May, 2019: Coillte, Ireland’s largest forestry and land solutions company, today announced its annual results for 2018. The company delivered record earnings before interest, tax, depreciation and amortisation (EBITDA) of €115m up 35% on the previous year and record revenues of €330m, up 10% on 2017. Operating cash flow at €60m was double that of 2017 while operating profit (before exceptional items and revaluation gains) increased by 47% to €71.5m.
Operating cash flow doubled to €60m for last year (2018)