Södra reported strong earnings
Södra reported a strong earnings trend for the first eight months of the year.
“ This is largely due to high price levels for finished goods and mainly to a favourable currency situation – but also because Södra is becoming an increasingly efficient, innovative and value-generating Group,” said CEO Lars Idermark.
“The Södra Cell business area continues to deliver a very strong performance. Stable and efficient production at the mills, while we are investing SEK 5 billion to increase production, is impressive, commented Lars Idermark.
Södra in brief, January-August 2015 period:
2015 2014 2015 20142014 May-Aug May-Aug Jan-Aug Jan-AugJan-DecNet sales, SEK million 5,943 5,591 12,186 11,42917,339Operating profit before depreciation, amortisation and impairment (EBITDA), SEK million 1,028 824 2,292 1,6562,552Operating profit, SEK million 718 509 1,660 1,0121,516Operating margin, % 12 9 14 99Cash flow after investing activities, SEK million 141 260 881 775267Return on capital employed, % 20 1313