{"id":77136,"date":"2019-02-20T10:38:04","date_gmt":"2019-02-20T10:38:04","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/sodra-reports-best-result-history\/"},"modified":"2025-09-19T08:49:59","modified_gmt":"2025-09-19T08:49:59","slug":"sodra-reports-best-result-history","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/sodra-reports-best-result-history\/","title":{"rendered":"S\u00f6dra reports its best result in history"},"content":{"rendered":"<p><em>S\u00f6dra\u2019s consolidated net sales for full-year 2018 rose 18 percent to SEK 24,230 million (2018: 20,518), attributable to a favourable global economy, high demand and higher prices for paper pulp and sawn timber products. Operating profit for the year totalled SEK 4,508 million (2018: 1,917). The operating margin was 19 percent (2018: 9).\u00a0<\/em><\/p>\n<p>2018 was characterised by high and stable demand for S\u00f6dra\u2019s products, the company reported. Price levels for both market pulp and sawn timber products remained at a favourable level and contributed to the result.<\/p>\n<p>\u201cThe 2018 result is the best in S\u00f6dra\u2019s history. We were able to meet the strong demand for our products due to extensive investments of approximately SEK 11 billion in our pulp mills and sawmills, and new innovations over the past four years. We also completed efficiency improvements and restructured our operations. S\u00f6dra has thus strengthened its competitiveness,\u201d says Lars Idermark, President and CEO.<\/p>\n<p>Consolidated net sales for the fourth quarter rose 12 percent to SEK 6,062 million, with year-on-year operating profit of SEK 974 million (2018:<em>\u00a0<\/em>530). The operating margin improved to 16 percent (2018:\u00a010).<\/p>\n<p>\u201cGrowth in the fourth quarter was also strong, but uncertainty increased with some signs of a slowing global economy and turbulence in financial markets,\u201d said Lars Idermark.<\/p>\n<p>In the fourth quarter, S\u00f6dra acquired Bergviks Skog\u2019s forest holding in Latvia for EUR 324 million. The Board decided to invest SEK 100 million in research related to forest growth and productivity.<\/p>\n<p>\u201cAccess to fibre is crucial for our industry and the strategic role of forests has increased. We are also seeing a growing demand for forest products as the bioeconomy evolves,\u201d says Lars Idermark.<\/p>\n<table border=\"1\" width=\"629\" cellspacing=\"1\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td><\/td>\n<td colspan=\"2\">Quarter<\/td>\n<td><\/td>\n<td><\/td>\n<td colspan=\"2\">Full-year<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>2018<\/td>\n<td>2017<\/td>\n<td><\/td>\n<td><\/td>\n<td>2018<\/td>\n<td>2017<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Okt-Dec<\/td>\n<td>Okt-Dec<\/td>\n<td>%<\/td>\n<td><\/td>\n<td>Jan-Dec<\/td>\n<td>Jan-Dec<\/td>\n<td>%<\/td>\n<\/tr>\n<tr>\n<td>Net sales, SEK million<\/td>\n<td>6,062<\/td>\n<td>5,413<\/td>\n<td>12<\/td>\n<td><\/td>\n<td>24,230<\/td>\n<td>20,518<\/td>\n<td>18<\/td>\n<\/tr>\n<tr>\n<td>Operating profit before depreciation,<br \/>\namortisation and impairment, SEK million<\/td>\n<td>1,264<\/td>\n<td>835<\/td>\n<td>51<\/td>\n<td><\/td>\n<td>5,654<\/td>\n<td>3,009<\/td>\n<td>88<\/td>\n<\/tr>\n<tr>\n<td>Operating profit, SEK million<\/td>\n<td>974<\/td>\n<td>530<\/td>\n<td>84<\/td>\n<td><\/td>\n<td>4,508<\/td>\n<td>1,917<\/td>\n<td>135<\/td>\n<\/tr>\n<tr>\n<td>Profit before tax, SEK million<\/td>\n<td>935<\/td>\n<td>503<\/td>\n<td>86<\/td>\n<td><\/td>\n<td>4,431<\/td>\n<td>1,830<\/td>\n<td>142<\/td>\n<\/tr>\n<tr>\n<td>Operating margin, %<\/td>\n<td>16<\/td>\n<td>10<\/td>\n<td><\/td>\n<td><\/td>\n<td>19<\/td>\n<td>9<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Return on capital employed, %<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td><\/td>\n<td><\/td>\n<td>24<\/td>\n<td>12<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Equity ratio, %*<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td><\/td>\n<td><\/td>\n<td>59<\/td>\n<td>56<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>*These key indicators are not calculated quarterly.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>S\u00f6dra\u2019s consolidated net sales for full-year 2018 rose 18 percent to SEK 24,230 million (2018: 20,518), attributable to a favourable global economy, high demand and higher prices for paper pulp and sawn timber products. Operating profit for the year totalled &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/sodra-reports-best-result-history\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3766,3383,3358],"class_list":["post-77136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-financial-results","tag-sawmill","tag-sodra","topic-forestry","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S\u00f6dra reports its best result in history - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/sodra-reports-best-result-history\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S\u00f6dra reports its best result in history - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"S\u00f6dra\u2019s consolidated net sales for full-year 2018 rose 18 percent to SEK 24,230 million (2018: 20,518), attributable to a favourable global economy, high demand and higher prices for paper pulp and sawn timber products. 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