• Text size      
  • Send this article to a friend
  • Print this article

BSW Timber vows to invest despite challenges ahead

BSW Timber, the Scottish-borders based firm that describes itself as Britain's biggest saw-milling business, suffered a 68% fall in profits in its latest financial year, amid challenging trading conditions, writes Mark Williamson.

The latest accounts for BSW timber show it made a £2.2m pre-tax profit in the year to March, down £4.6m from £6.8m in the preceding period. Turnover fell 12% to £159.5m, from £180.4m. In the accounts, the directors said the market was "more competitive for sales volumes" in the year to March, while log prices did not fall sufficiently. They added: "2013/14 will again be a challenging year but the company will continue its investment programme."

Controlled by the Brownlie family, BSW Timber runs six sawmills in the UK and one in Latvia. Its products are used in the construction industry.

Contextual targeting label: 
home improvement

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

202950