Refocosta, is one of the largest companies in the forestry sector in Colombia. It offers wood establishment, transformation and marketing services, environmental impact mitigation services and recently structured its renewable energies unit.
Refocosta is a company with more than 600 employees and 40 years of experience in forestry, industrial and environmental activities, devoted to the establishment of plantations, transformation and marketing of wood products in the national and international market.
Likewise, it provides forestry and environmental services to third parties, based on its wide knowledge of the industry, and in the last years it has been developing a business of power generation from forest biomass.
It has the FSC certification, which guarantees the responsible stewardship of forests in its activities, from the economic, environmental and social standpoint. In addition to this, in 2018, it obtained Icontec certification in greenhouse gas emissions compensation programs for 1,800 hectares.
Refocosta financial information
Figures expressed in billions of Colombian pesos (COP).
Valorem managerial calculations.
(*) EBITDA adjusted with respect to the IFRS 16 standard (management of long-term leases as financial leasing).
It should be noted that only the EBITDA indicator was homologated, so that other items such as net profit and assets are not strictly comparable due to the application in 2019 of the IFRS 16 standard.