Interim Report January - June 2011 Lower sales volume in the first six months

Six-months January–June

•  Net sales amounted to SEK 3,612 million (3,647). Average prices rose 5% while delivery volumes fell by 6% compared with the same period in the previous year.

•  Operating profit from continuing operations decreased to SEK 576 million (798). The decrease was due to lower roundwood delivery volumes, primarily sawlogs from own forests.

•  Change in value of forest assets amounted to SEK 171 million (100).

•  Operating profit amounted to SEK 809 million (1,093).

•  Profit for the first half of the year was SEK 520 million (731).

CEO’s comments
Sveaskog’s net sales for the first half of the year amounted to SEK 3,612 million (3,647). Taken as a whole, the lower sales volume compared with the corresponding period in the previous year was counteracted by higher average prices for wood raw material. Operating profit from continuing operations amounted to SEK 576 million (798). The lower earnings are mainly due to lower deliveries of sawlogs from the company’s...

Sveaskog


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