Financial information

1 January – 30 June 2018

• Net sales, which comprise both deliveries from Sveaskog’s own forests and externally procured wood raw material, increased by 8% to SEK 3,567 million (3,299). Prices increased by an average of 7% and total delivery volumes increased by 1%.
• Operating profit from continuing operations increased by 7% and amounted to SEK 775 million (725). Higher prices were offset to some extent by a 7% decrease in delivery volumes from own forests.
• Sveaskog’s associated company Setra Group increased its operating profit to SEK 233 million (90). Sveaskog’s share of this result increased to SEK 90 million (34).
• Yield, measured over a rolling12 month-period, amounted to 5.0% (4.5).
• The net change in the carrying amount of standing timber amounted to SEK 121 million (108).
• Profit for the first six months of 2018 increased by 67% and amounted to SEK 1,301 million (779). Changed corporate tax rules resulted in a positive earnings impact of SEK 477 million.
• Earnings per share increased by 67% and amounted to SEK 10.99 (658).