Precious Woods Holding Ltd.

euro adhoc: Precious Woods Holding AG, Zug
Annual Reports / Precious Woods achieves 42% sales increase

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Precious Woods was able to achieve significant revenue growth in 2004 compared to the prior year. The consolidated net sales of timber products increased by 42% from USD 11.1 million to USD 15.7 million (preliminary not audited results). Fourth quarter net sales of timber products exceeded the excellent prior year results by 17%. All subsidiaries contributed to these excellent results.

Precious Woods (SWX: PRWN) is active in the reforestation and sustainable management of tropical forests, downstream wood processing and trading of FSC certified timber and non timber forest products. The shares of Precious Woods have been listed on the SWX Swiss Exchange since March 2002. More information about the company and its activities may be found on the web site

end of announcement                                euro adhoc 14.02.2005 07:00:00

Further inquiry note: Kontakt: Precious Woods Holding AG, Zug Dr. Andres Gut, CEO Tel.  41 1 245 80 10 mailto:

Branche: Forestry & Timber
ISIN:      CH0013283368
WKN:        982280
Index:    SPI
Börsen:  SWX Swiss Exchange / official dealing

Weitere Meldungen: Precious Woods Holding Ltd.

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