Södra posts lower result – global economic uncertainty ahead
Södra posted a lower result for the second quarter of 2023. The result reflects the weakened market conditions for Södra’s core products.In the second quarter of 2023, net sales for the Södra Group amounted to SEK 7,322 million (8,953). Operating profit totalled SEK 464 million (2,325), representing an operating margin of 6 percent (26). Return on capital employed was 13 percent (39) and the equity ratio was 61 percent. During the quarter, the World-class Efficiency project achieved annual efficiency gains of SEK 500 million. The second-quarter result is a consequence of the market