Södra posts strong result in turbulent times
Södra posted a very strong result for the first quarter of 2022. The result reflects the favourable market conditions for Södra’s core products, while global turmoil is creating uncertainty about the future.In the first quarter of 2022, net sales for the Södra Group amounted to SEK 8,165 million (5,733), up 42 percent year-on-year. Operating profit totalled SEK 1,974 million (547), representing an operating margin of 24 percent (10). Return on capital employed was 36 percent (10) and the equity ratio increased to 64 percent. The first quarter result reflects the favourable market