SCA’s Bollsta sawmill

SCA’s wood division recorded improved sales and profits in Q2 compared to the same period a year ago.

SCA’s wood division recorded net sales of SEK1.50bn in Q2, up 11% on a year ago, with operating profit up 47% to SEK222m, mainly due to higher delivery volumes and higher selling prices. Wood product deliveries rose 7% to 483,000m3.

H1, 2024 divisional sales were down 2% to SEK2.6bn, but operating profit rose 20% to SEK266m. H1 wood product deliveries were 6% down to 919,000m3.

SCA wood division has an annual production capacity of 2.3 million m3 of solid-wood products from five sawmills located close to its forest holdings in Northern Sweden, as well as wood processing and distribution to the building materials trade in Scandinavia and France.

Group wide results for the half year showed net sales of SEK9.84bn (H1, 2023: SEK9.39bn), an increase of 5%, of which volume accounted for +5%, currency +3% and price/mix -3%. EBITDA decreased to SEK3.48bn (H1, 2023: SEK3.75bn).

About SCA:

The core of SCA's business is the forest, Europe's largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others' forests.

We offer packaging paper, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions.
SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden.
　

Source: sca.com