SCA Reports Stable Q1 Profit and Revenue Growth

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SCA Reports Stable Q1 Profit and Revenue Growth
Photo: Mats Andersson/TT

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The forestry group SCA reported an operating profit of 1.1 billion kronor for the first quarter, which was slightly higher than the same period last year.

Revenue increased from 4.6 billion to 5.2 billion kronor, mainly due to higher sales prices and higher volumes of sawn timber and pulp.

The figures were in line with the expectations of stock analysts, according to Bloomberg's forecast compilation.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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