Financial information

We issue financial reports quarterly and our annual report and sustainability report in March of each year.

1 April – 30 June 2023

Net sales increased by 4 per cent to MSEK 2,075 (1,991). Timber prices increased by an average of 15 per cent, while delivery volumes decreased by 11 per cent.
Operating profit increased by 24 per cent and amounted to MSEK 449 (362). Higher timber prices have been offset by lower volumes from Sveaskog’s own forest, as well as increased costs for felling.
Share of profits of associates amounted to MSEK 14 (251), mainly due to worse market conditions for Setra Group.
The reported net change in value of biological assets amounted to MSEK –279 (124).
Profit for the quarter amounted to MSEK 121 (632), equivalent to SEK 1.03 (5.34) per share.

Net sales increased by 6 per cent to MSEK 4,226 (3,983). Timber prices increased by an average of 17 per cent, while delivery volumes decreased by 12 per cent. Other sales increases are mainly attributable to concessions for wind power.
Operating profit increased by 20 per cent and amounted to MSEK 1,011 (843). Higher timber prices and revenues from wind power concessions were offset by lower volumes from own forest and higher felling and forest management costs.
Share of profits of associates amounted to MSEK 8 (484), mainly due to worse market conditions for Setra Group.
The reported net change in value of biological assets amounted to MSEK 26 (213).
Profit for the period amounted to MSEK 768 (1,301), equivalent to SEK 6.49 (10.99) per share.