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Financial

Sveaskog's Interim Report January-March 2022: Higher prices and volumes

Operating profit increased by 15 per cent and amounted to MSEK 481 (418). The increased profit is due to higher timber prices. The average price of timber deliveries from our own forests is eleven percent higher than the corresponding period last year.

Sveaskog develops sustainable forestry in line with FSC[®]updates

Today marks the publication of the 2021 audit report of Sveaskog's FSC forest management commitment. The audit has found significant exceptions in terms of conservation value assessments and minor exceptions in terms of coordination with reindeer husbandry actors.  

Financial

Sveaskog’s Year-end Report January-December 2021: The market for sawn timber remains strong

Our operating profit during the year amounted to MSEK 1,341 (1,120); the increased profit is primarily due to a new method for valuing forest assets. The new method means that costs for reforestation, MSEK 235, from this year are recognised under change in value of forest assets. New method aside, the profit is somewhat lower compared to the previous year.

Sveaskog’s Interim Report, January-September 2021: The market for sawlogs is strong

Sveaskog’s operating profit during the first nine months of the year amounted to MSEK 1,033 (812); the increased profit is primarily due to a new method for valuing forest assets. The new method means that costs for reforestation, MSEK 202, from this year are recognised under change in value of forest assets. Despite the new method, the profit is somewhat higher than in the previous year.

Erik Brandsma new CEO of Sveaskog

Erik Brandsma has been named new CEO of Sveaskog, effective from 15[th] January, 2022. Erik Brandsma has a degree in forest engineering with a MSc from British Columbia and most recently served at Jämtkraft AB. Before that he was Director General of the Swedish Energy Agency, where he contributed to the energy transition in Sweden.

Financial

Sveaskog’s Interim Report January-June 2021: The Market Situation Continues to Develop Strongly

Sveaskogs’s operating profit during the first half of the year profit amounted to MSEK 790 (676); the increased profit is primarily due to a new method for valuing forest assets. The new method means that costs for reforestation, MSEK 127, from this year are recognised in the item change in value of forest assets. Apart from the new method, the profit is in line with the previous year.

Press contact

Sveaskogs Press Service

+46 (0)8 655 90 50