Stable result for Södra despite a weakened market
Södra reported operating profit of SEK 2,520 million for the first nine months of 2019, compared with SEK 3,533 million for the year-earlier period. Return on capital employed was 16 percent.For the third quarter, operating profit totalled SEK 512 million, compared with SEK 1,277 million in 2018.
“Operating profit for the first nine months of the year was satisfactory but was lower for the third quarter than the very strong result in the year-earlier period. But it compares favourably in view of the prevailing situation in terms of economic sentiment, demand and market prices,” said