Monthly Archives: August 2011

Gunns lets contract for pulp mill works

Integrated forestry company Gunns Limited today announced it had awarded a contract to begin bulk earthworks for the Bell Bay pulp mill project. The contract was awarded to a Tasmanian joint-venture between John Holland and Hazell Bros. Read full media … Continue reading

Posted in Announcements

Trading suspension – market update

The Company is in dialogue with the State government in respect of a settlement proposal to support implementation of the Tasmanian Statement of Forest Principles and expects to receive a settlement proposal today. Agreement of an offer will be subject … Continue reading

Posted in Announcements

The path to social and financial sustainability

Underlying EBIT $41.6 million in line with guidance Net loss of $355.5 million after asset writedowns Net tangible asset value $1.04 Integrated forestry company Gunns Limited (ASX: GNS) today reported a net loss after tax for the year ended 30 … Continue reading

Posted in Uncategorized

Forest Agreement Negotiations

Gunns Limited Managing Director, Mr Greg L’Estrange, today welcomed the Tasmanian Government’s decision to appoint a probity auditor to review Gunns’ contracts but sought assurances that the process would be expedited to end the onerous uncertainty the decision has created. … Continue reading

Posted in Announcements | 1 Comment

It’s just business: L’Estrange Gunns CEO has eyes on mill prize

The Examiner, 13 August 2011 GUNNS CEO Greg L’Estrange talks about his time before taking on the top job at Gunns and what the future holds. JAWS dropped. Here was the boss of the country’s toughest timber company using a … Continue reading

Posted in Uncategorized | 6 Comments