Sveaskogs’s Interim Report January-June 2020
Sveaskog reports an operating profit of MSEK 676 (832) for the first half of 2020, which is lower than in the same period last year. A dip in earnings was expected, as prices of the products declined gradually in 2019, and the trend has continued into 2020.[Hannele Arvonen vd och koncernchef Sveaskog] Hannele Arvonen, CEO Sveaskog. 1 January – 30 June 2020 · Net sales decreased by six per cent to MSEK 3,609 (3,849) due to lower marketprices. Prices of wood raw materials decreased by eight per cent on average, while total delivery volumes were up by one per cent. Revenue from wind