Swedish wood product companies post weak first quarter

The latest financial reports from some of Sweden's leading wood product companies reveal a challenging start to the year, as they grapple with market conditions and weak construction market. Södra Group: In its interim report, the Södra Group disclosed a net turnover of SEK 7,613 million (EUR 800.2 million), marking a five percent decline compared to the same period last year. The operating profit amounted to SEK 568 million (EUR 59.9 million). CEO Lotta Lyrå acknowledged the quarter's performance, attributing it to prevailing market conditions. While the pulp business showed ...