Södra reports decreasing earnings in Q2/2019

Södra reports decreasing earnings in Q2/2019
    Södra’s operating profit for the first half-year totalled SEK 2,009 million, compared with SEK 2,257 million in the year-earlier period. Return on capital employed was 19 percent, which surpassed Södra’s target of 10 percent. Net sales for the second quarter of 2019 decreased slightly to SEK 6,199 million (H1/2018: 6,626), and operating profit significantly to SEK 861 million (1,318). All production facilities delivered favourable results and, as planned, CLT production commenced in May.    Further decreasing results expected for the second ...

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