Södra's operating profit SEK 452 million for the third four-month period

Södra’s operating profit for the third four-month period amounted to SEK 452 million (502). The full-year profit is in line with expectations and the board proposes a distribution of profit totalling SEK 602 million.

“2016 was a year of transition for Södra, with major changes due to robust investment and restructuring but also lower prices for our finished goods. Against this background, operating profit of SEK 452 million for the third four-month period is a show of strength, while full-year profit of SEK 1,005 million is completely in line with expectations”, says Lars Idermark, President and CEO, in a statement.

Consolidated net sales for the third four-month period amounted to SEK 6,214 million (6,081), and for the full-year 2016 amounted to SEK 18,482 million (18,267). The operating profit for the period totaled SEK 452 million (502) and for the full-year SEK 1 005 million (2 162). Return on capital employed was 7 percent (17) and the equity ratio was 55 percent (62).

“Södra’s efforts to create a stronger company in a more global and competitive market are continuing. The extensive investments of recent years are among the largest in Södra’s history, and we are strengthening our customer offering and securing markets for our members’ forest products,” says Lars Idermark.

Watch the interview with CEO Lars Idermark commenting the Year-end report

  2016 2015 2016 2015
  Sep 1-Dec 31 Sep 1- Dec 31 Jan 1-Dec 31 Jan 1-Dec 31
Net sales, SEK million 6 214 6 081 18 482 18 267
Operating profit before depreciation, amortisation and impairment (EBITDA), SEK million 822 854 2 101 3 146 
Operating profit (EBIT), SEK million 452 502 1 005 2 162
Profit before income tax, SEK million 430 458 939 2 072
Return on capital employed, %     7 17
Equity ratio, %     55 62


For questions, please contact:
Anna Belfrage, Chief Financial Officer Södra,
Tel: +46 470 894 80

Annica Gerentz, Senior Vice President Corporate Communications,
Tel: +46 470-894 81

Södra was founded in 1938 and is the largest forest-owner association in Sweden, with a membership of more than 50,000 forest owners. We engage in modern and responsible forestry, and operate state-of-the-art mills in which we process our raw material. Through value-generating relationships and a long-term approach, Södra is leading the way for the next generation of forestry. 

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About Us

Södra was founded in 1938 and is the largest forest-owner association in Sweden, with a membership of more than 50,000 forest owners. Södra is also an international forest industry Group, with 3,500 employees. A balance between production efficiency and nature conservation guides everything that we do. We produce timber, interior wood products, paper and textile pulp, and green energy. We use every part of the tree, and are always looking to develop new products from this fantastic, renewable raw material. Södra is one of the leading European suppliers of pulp for the global market, and has one of the largest sawmill operations in Sweden. Through value-generating relationships and a long-term approach, Södra is leading the way for the next generation of forestry.

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