Woodbois CEO steps down as firm restructures its reporting

5th Jan 2024 14:05

(Sharecast News) - Timber specialist Woodbois announced a significant leadership transition on Friday, as well as a fundamental restructuring initiative, in a bid to enhance operational efficiency.

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Woodbois raises £3m via share placing

13th Mar 2023 09:09

(Sharecast News) - Forestry company Woodbois revealed on Monday that it has raised gross proceeds of £3.0m by way of a placement of 250.0m new ordinary shares.

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Woodbois confirms potential equity fundraising

10th Mar 2023 12:04

(Sharecast News) - Woodbois confirmed on Friday that it is considering an equity raising.

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Woodbois taps Federico Tonetti for CEO

8th Nov 2021 10:10

(Sharecast News) - African-focused forestry timber group Woodbois said on Monday that Federico Tonetti would join the firm as chief executive officer, with immediate effect.

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Woodbois Q1 revenues surge

7th Apr 2021 11:12

(Sharecast News) - Forestry and timber trading firm Woodbois said on Wednesday that revenues had shot up in the first quarter of the current trading year despite trading in a "challenging global economic environment" as a result of the Covid-19 pandemic.

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Woodbois reaches deal with major bondholder

19th Jun 2020 13:02

(Sharecast News) - Timber supplier Woodbois on Friday said it had reached a deal in principle with its major bondholder to restructure its balance sheet and convert debt to equity.

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Woodbois to recommence production at Moila sawmill

11th Jun 2020 10:05

(Sharecast News) - Africa-focussed timber group Woodbois said on Thursday that it would recommence limited production at its Moila sawmill and veneer factory on 15 June.

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Woodbois pull in record revenues in Q4

7th Jan 2020 08:03

(Sharecast News) - Forestry and timber trading company Woodbois brought in record quarterly revenues of $5.6m in the three months ended 31 December thanks to a strong showing from its trading division.

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Woodbois inks timber offtake deal in Liberia

29th Nov 2019 08:51

(Sharecast News) - Africa-focussed forestry and timber trading company Woodbois has entered into a memorandum of understanding with an unnamed, "leading" West African timber supplier to offtake all of their timber production in Liberia.

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Woodbois reports record quarterly revenues

10th Oct 2019 10:16

(Sharecast News) - Forestry and timber trading company Woodbois turned in record quarterly group revenues for the three months ending 30 September thanks to a solid performance in its trading division.

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Woodbois cuts losses on improved revenues and reduced costs

11th Sep 2019 11:09

(Sharecast News) - Hardwood products manufacturer Woodbois saw first half gross profits soar and total losses narrow, putting the group on track to turn cash-flow positive.

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Woodbois talks up high transparency ranking

15th Aug 2019 14:51

(Sharecast News) - Woodbois confirmed it had been placed seventh out of 97 companies on the SPOTT timber producers table in its inaugural year in the running on Thursday, as one of nine other companies which were ranked in the 'higher' segment of the transparency score range this year.

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Director dealings: Woodbois chair ups stake

20th May 2019 16:19

(Sharecast News) - Woodbois revealed on Monday that chairman Miles Pelham had acquired 1m ordinary shares in the AIM-listed timber trading firm.

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