SCA profit slips to SEK 1 billion as currency effects weigh on forestry group

Published:

SCA profit slips to SEK 1 billion as currency effects weigh on forestry group
Photo: Ruud, Vidar NTB/TT

Net sales rose 5 percent to 5.2 billion.

"The increase was primarily due to higher delivery volumes, which were offset by lower selling prices and negative currency effects," SCA writes in its quarterly report.

"A high degree of self-sufficiency in raw wood, fuel, energy and logistics remained important in mitigating the effect of higher costs," the company adds.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...