Operating profit of SEK 891 million in challenging times
Södra posted operating profit of SEK 891 million (2,582) for 2020, a year challenged by the pandemic, slowing global growth and a widespread spruce bark beetle outbreak. Net sales amounted to SEK 20,351 million (23,183). The Board proposes a profit distribution of SEK 598 million.In 2020, consolidated net sales amounted to SEK 20,351 million (23,183) and operating profit totalled SEK 891 million (2,582). The decline in sales was attributable to considerably lower price levels for market pulp and lower prices for sawn timber throughout the year, as well as negative exchange-rate effects. At