Södra delivers stable result in uncertain times
Södra posted a stable result for the first quarter of 2023. The result reflects the changed market conditions for Södra’s core products, while global turmoil is creating an uncertain outlook.In the first quarter of 2023, net sales for the Södra Group amounted to SEK 8,002 million (8,165), down 2 percent year-on-year. Operating profit totalled SEK 1,085 million (1,974), representing an operating margin of 14 percent (24). Return on capital employed was 19 percent (36) and the equity ratio increased to 68 percent. The first quarter result is an effect of expected and changed market