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Description

York Timbers is a dynamic integrated forestry company that owns both plantations and processing plants. It is in the business of converting forest products into saleable lumber and plywood applications. Plantations are managed using ecologically acceptable methods to Forestry Stewardship Council (FSC) standards. This certification defines York as a responsible, sustainable business, that embarks on activities to benefit York's own people, but also surrounding communities, the environment and its customers. York's performance will escalate as lumber demand exceeds supply from the available resources in Southern Africa. Through the optimising of the plantations, processing facilities and access to markets via distribution channels, the Group has further increased its earning generating ability. York provides an excellent investment opportunity as it currently trades at a substantial discount to its tangible net asset value.