In Q2 2024, net sales for the S\u00f6dra Group amounted to SEK 7,527 million, up 3% year-on-year. Operating profit totalled SEK 398 million (\u20ac34.9 million), representing an operating margin of 5%. Return on capital employed was 8% and the equity ratio was 60%.<\/p>\n
\u201cIn Q2, S\u00f6dra delivered a stable result that was just ahead of expectations. The result was positively impacted above all by high pulp prices and good cost control, while it was burdened by higher raw material prices and costs of approximately SEK 275 million (\u20ac24.1 million) for scheduled maintenance shutdowns at V\u00e4r\u00f6 and M\u00f6rrum,\u201d said Lotta Lyr\u00e5, President of S\u00f6dra.<\/p>\n
For sawn timber, the weak economy has continued to affect the market, though prices have been maintained due to lower supply. The result for the paper pulp business was impacted by scheduled maintenance shutdowns, although demand remains positive in relation to supply. World-class efficiency \u2013 S\u00f6dra's way of working with continuous improvements \u2013 generated improvements during the quarter and efficiencies with a recurring annual effect of SEK 184 million (\u20ac16.1 million).<\/p>\n
Business areas\u2019 results for Q2 2024<\/strong><\/p>\n In the S\u00f6dra Skog business area, operating profit totalled SEK 46 million (\u20ac4 million) for the period.<\/p>\n The earnings trend was mainly attributable to a continued increase in prices and higher delivery volumes. In the S\u00f6dra Wood business area, operating profit totalled SEK 128 million (\u20ac11.2 million) for the period. -- The earnings trend was primarily due to higher delivery prices.<\/p>\n In the S\u00f6dra Cell business area, operating profit totalled SEK 380 million (\u20ac33.4 million) for the period. -- The earnings trend was mainly due to higher pulp prices and price reductions for energy products.<\/p>\n '' The result for energy and chemical products was on a par with the year-on-year period. Higher prices for solid fuel products made a positive contribution, while lower prices for electricity and liquid bioproducts had a negative impact''.<\/p>\n In the S\u00f6dra Innovation business area, the operating loss totalled SEK 54 million (\u20ac4.8 million) for the period. -- The year-on-year earnings trend was mainly attributable to depreciation and lower profit from shares in associates.<\/p>\n S\u00f6dra is the largest forest-owner association in Sweden, with more than 50,000 family forest owners as members.<\/p>","protected":false},"excerpt":{"rendered":" In Q2 2024, net sales for the S\u00f6dra Group amounted to SEK 7,527 million, up 3% year-on-year. Operating profit totalled SEK 398 million (\u20ac34.9 million), representing an operating margin of 5%. Return on capital employed was 8% and the equity … Continue reading