Reduced profit for Norra Skog: “Continued weak sawn timber market”

Norra Skog's operating profit for the first six months of the year landed at SEK 175 million (EUR 15.3 million), compared with SEK 219 million (EUR 19.1 million) in the same period last year. At the same time, turnover increased by just under ten percent. The weak global market for sawn timber is behind the result. The swing from a positive world market took place in 2023, and the first half of 2024 has been characterized by the new challenging market situation. Norra Skog writes in a press release that a certain lightening was seen during the ...