Financial information

Financial information

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

1 January – 30 June 2019

  • Net sales, which comprise both deliveries from our own forest and externally acquired wood raw materials, increased by eight percent to MSEK 3,849 (3,567). Prices increased by ten percent on average, while total delivery volumes were down by three percent. Deliveries of seedlings have increased.
  • Operating profit increased by seven percent to MSEK 832 (775). Higher prices have to some extent been counteracted by lower volumes. Costs for harvesting and forest management have increased, mainly as a result of planned measures, but also as an effect of increased competition for logging resources in combination with harvesting of storm- and insect-damaged forest. Income from other property transactions is also down.
  • The dividend yield, measured over a rolling 12 months period, amounted to 5.4 percent (4.9).
  • The reported change in value of standing timber amounted to MSEK 272 (121), the change in value had no impact on cash-flows.
  • Profit for the six-month period decreased by 27 percent to MSEK 946 (1,301), equivalent to SEK 7.99 (10.99) per share. The decrease is largely attributable to changes in tax rules in 2018, that had a positive impact on the result widh MSEK 477 last year. The effect was of a non-recurring nature and had no impact on cash flow.

Financial calendar

  • January 28: Year-end report 2018
  • April 24: Interim Report: January-March 2019
  • April 24: Annual General Meeting 2019
  • July 16: Interim Report: January-June  2019
  • October 23: Interim Report: January-September 2019
Per Matses

Per Matses

Deputy CEO and CFO

Phone: +46 8 655 92 90 +46 8 655 92 90 , +46 70 655 98 20 +46 70 655 98 20

Send mail to Per