Södra stands strong in new market conditions
Södra posted a stable result for the first quarter of 2024. Our overall competitiveness is making us strong in these new market conditions and we are continuing to deliver high value to family forestry.In the first quarter of 2024, net sales for the Södra Group amounted to SEK 7,613 million (8,002), down 5 percent year-on-year. Operating profit totalled SEK 568 million (1,085), representing an operating margin of 7 percent (14). Underlying profitability increased significantly quarter-on-quarter. Return on capital employed was 9 percent (19) and the equity ratio declined to 63 percent.