Södra delivers stable result in current market condition
The current market conditions had a significant impact on Södra’s operating profit in the third quarter. Despite higher year-on-year delivery volumes for Södra’s core products, the price formation for market pulp was weaker. For the third quarter, Södra’s sales amounted to SEK 4,925 million (5,391) and operating profit to SEK 93 million (512). For the first nine months of the year, operating profit totalled SEK 541 million (2,520). Return on capital employed was 3 percent (16) and the equity ratio was 57 percent.“The global economy is projected to contract this year due to COVID-19, despite