Forestia
Is a group of companies specialized in the design, manufacture and distribution of landscaping products.
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (2 %) | (13 %) | (3 %) | 2 % | - | 10 % | 26 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 12 % | 10 % | 10 % | 7 % | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 5 % | 3 % | 50 % | 56 % | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Forestia AS operates as Norway's largest manufacturer of chipboard, serving the Scandinavian and Northern European markets. The company is a subsidiary of Byggma ASA, a firm listed on the Oslo Stock Exchange. Forestia's factory is located at Braskereidfoss in Våler Municipality and employs approximately 200 people, with an annual production capacity of around 300,000 cubic meters of chipboard.
The company's core business revolves around producing chipboard for diverse applications, including construction, interiors, and the furniture industry. Their product line includes structural panels, interior ceiling and wall panels, and specialized products like the wallpapered wall panel (Walls4You) and a paint-ready panel (Walls2Paint). In addition to its own manufactured goods, Forestia sells complementary commodities such as OSB and plywood, enabling the delivery of multiple building materials in a single shipment. This consolidated delivery model is part of their sustainability practice, aimed at reducing distribution links. The business is rooted in the use of renewable forest materials to create long-lasting products. Raw materials are sourced as by-products from sawmills, and the wood is largely certified according to PEFC standards, which verifies it comes from sustainable forests.
A significant milestone for the company was the construction of Norway's largest distribution centre for building materials, which was completed at their Braskereidfoss location on January 1, 2023. Forestia is also exploring future opportunities in sustainability by developing a project to use recycled wood from demolition projects as an input for chipboard production, a project that would require substantial investment in new cleaning technologies.
Keywords: chipboard manufacturer, building materials, wood panels, construction supplies, Scandinavian market, Northern European market, Byggma ASA, interior panels, structural panels, sustainable forestry, PEFC certified, renewable materials, wood recycling, Walls2Paint, Walls4You, particleboard production, building solutions, construction industry, prefabricated components, wood-based products