Södra posts a stable result but the outlook remains unclear
Södra’s operating profit during Q2 was stable given current market conditions. Deliveries were higher year-on-year, but prices for Södra’s core products were considerably weaker than in 2019. For the first half of 2020, operating profit totalled SEK 449 million (2,009), return on capital employed was 4 per cent (19) and the equity ratio was 57 per cent. Sales for the second quarter amounted to SEK 5,416 million (6,199) and operating profit totalled SEK 221 million (861).“The global outbreak of COVID-19 has led to a serious global crisis. The extent of the economic impact is uncertain, since