Södra Cell with lower turnover and profit
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Despite a significant drop in sales and profits compared to the previous year, the Swedish forestry and timber company Södra, Väro, is satisfied with its results for 2023.
Source:
Company news
The result is solidly in line with expectations for the past year, emphasised Södra.
Because 2023 was not an easy year. The poor consumer climate has weakened demand. At the same time, the availability of wood has decreased due to geopolitical changes, which has led to higher prices, writes Södra.
Sales in the Södra Cell pulp business fell by 16% and the divisional result by 68% compared to the previous year.
Company profile: Södra Cell AB, Sweden, Växjö
