SCA profit slips to SEK 1 billion as currency effects weigh on forestry group
Forestry group SCA reports a profit of SEK 1 billion in the third quarter, down from SEK 1.1 billion a year earlier.
BusinessForestry group SCA reports a profit of SEK 1 billion in the third quarter, down from SEK 1.1 billion a year earlier.
BusinessThe Stockholm Stock Exchange’s OMXS index closed up 0.3 percent on Tuesday.
BusinessThe Stockholm Stock Exchange started the week higher. The OMXS index closed up 0.3 percent.
BusinessBarely ten years after Essity was spun off from the forestry group SCA, Essity is now on the verge of spinning off its tissue paper business in October, Bloomberg reports.
BusinessThe Stockholm Stock Exchange started the week's trading lower. At the close, the broad OMXS index had fallen 0.8 percent, in line with several stock exchanges around the world.
BusinessThe Stockholm Stock Exchange ended a turbulent trading week on the upside. The OMXS index closed up 1 percent.
BusinessPackaging and wood products company SCA reports an operating profit of SEK 724 million for the second quarter. This compares with a profit of SEK 1.5 billion in the corresponding quarter last year.
BusinessThe stock market climbed steadily on Wednesday, despite higher oil prices and recent concerns about highly valued technology stocks. The broad OMXS index closed up 1.1 percent.
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