Södra reports huge profits due to high prices
The Södra Group’s net sales for the first nine months of 2021 increased more than 25% compared with the year-earlier period to SEK 20,018 million ($2.3 billion). Operating profit totalled SEK 4,021 million ($472 million) and return on capital employed was 26%. The equity ratio was 62% at the end of September. Operating profit for the 3Q 2021, July–September, totalled SEK 2,148 million ($253 million). Sales for the quarter amounted to SEK 6,999 million ($823 million). “The favourable market conditions with high price levels have ...
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