Oireachtas Joint and Select Committees

Tuesday, 7 May 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Sale of Coillte's Harvesting Rights: Discussion with Society of Irish Foresters

4:30 pm

Mr. John Prior:

That was the actual profit. Coillte's profit last year reached €20 million, the highest it has ever reached. Profits are cyclical, as is the timber trade, with timber prices cyclical. There is always a degree of up and down in terms of the profitability of the State forestry or any other forestry organisation.

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