The company said earnings were CZK354m (£8.6m) in 2006, although it did not disclose the 2005 figure. Sales increased by CZK926m to CZK10.2bn.

Chairman Ivan Doubrava said the results were due to a 44% increase in output from an upgraded sawmill to 548,000m3 of wood per year. Wood processing made up 48% of sales while logging contributed 37%.