Stable position for Södra despite prevailing market conditions
Södra posted a lower result for the third quarter of 2023. The result is stable in view of market conditions and in line with Södra’s expectations.In the third quarter of 2023, net sales for the Södra Group amounted to SEK 6,545 million (8,102), down 19 percent. Operating profit totalled SEK 410 million, compared with SEK 2,480 million in the year-earlier period. Return on capital employed was 12 percent (41) and the equity ratio was 61 percent. During the quarter, the World-class Efficiency project delivered on the annual efficiency gains, which currently total more than SEK 680 million