News archive

Tag: profits

Södra’s 1Q net sales down 12%

11-05-2020
Södra, Q1 2020, profits, sawn timber, Sweden

Despite dramatically changed conditions in the wake of the COVID-19 pandemic, production rates at Södra’s facilities remained high and stable in the 1Q 2020. During the 1Q 2020, consolidated net sales amounted to SEK 5,576 million (US$574 million), down 12% year-on-year. Operating profit totalled SEK 227 million (US$23.4 million) and …

Raute's profit outlook for 2020 weakened

28-04-2020
Raute, profit outlook, net sales, operating profits, weakened

Raute's profit outlook for 2020 has weakened. Net sales are estimated to decline from 2019 and operating profit is estimated to weaken clearly from the year 2019. Previously the company has estimated net sales for 2020 to remain at the same level as in 2019 and operating profit to weaken compared to 2019. In 2019, the Group's net sales were EUR …

Scm Group confirms its financial stability and rewards innovation

23-01-2020
Scm Group, report, 2019, profits, turnover, earnings, positive, stable

Through innovation, digital factory and the strengthening of the sales network and after sales service in each of the strategic markets, Scm Group continues to invest and the results speak for themselves. The Group ended 2019 with a turnover in excess of 700 million Euro (USD773.8 million), in line with 2018's record figures and on budget for the …

Raute's 3Q earnings continue to decline

31-10-2019
Raute, earnings, profits, sales, interim report, 3Q

RAUTE CORPORATION - INTERIM REPORT JANUARY 1-SEPTEMBER 30, 2019 - The Group’s net sales, EUR 112.0 million (MEUR 126.8), decreased 12% from the comparison period. Order intake was EUR 130 million (MEUR 138). - Operating profit was EUR 6.6 million (MEUR 11.5), down 42% from the comparison period. The result before taxes was EUR 6.7 million …

Raute’s 2Q net sales decreased to Euro 37 million

07-08-2019
Raute, 2Q, sales, profits

Raute’s total order intake in the 2Q 2019, Euro 26 million, was at a good level, considering the market situation and bearing in mind that it did not include major individual new production capacity projects. The order book declined during the 2Q 2019 by Euro 12 million, but nevertheless ended the period at a strong Euro 72 million, as the …

Södra posts a strong result in a declining market

24-07-2019
Södra, operating profits, 2019

Södra’s operating profit for the first half-year totalled SEK 2,009 million, compared with SEK 2,257 million in the year-earlier period. Return on capital employed was 19 percent, which surpassed Södra’s target of 10 percent. Net sales for the second quarter of 2019 amounted to SEK 6,199 million (6,626), and operating profit …

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