SEFE
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SEFE
SEFE
SEFE

 

In terms of financial performance SEFE has been a profitable and successful business since 1980. The first ten years of operation were marked by high capital inputs for business development and little in the way of operating profits.

The past thirty years have seen the business develop sustained export performance and generate a successful profit performance. Net profit year to year is distributed fairly evenly between Australian company tax payments, dividends to the two SEFE shareholders and funds reinvested in the SEFE business.

The two SEFE shareholders have other major investments in Australia. Their plantation investments alone are estimated at over A$400 million and cover over 100,000 hectares and 100 million planted trees.

In 2010, SEFE woodchip export sales were A$71 million, and total export sales revenue since 1970 now exceeds A$2 billion. Markets and revenues are currently impacted by the emergence of new woodchip suppliers in Asia such as Vietnam and Thailand, by the effects of the 2011 Japanese quake and tsunami and by the very high value of the A$ against other currencies.

The key fixed assets in the SEFE business are the export wharf infrastructure, chipping plant, mobile plant such as large dozers and loaders used in the mill and SEFE plantations. These have a current value of around A$50 million

"...growth and regrowth for the Eden region"