Thursday 25 July 2013

Sveaskog Reports Improved Earnings In First Half Of 2013

SveaskogSveaskog’s profit improved in the first half compared with the same period last year to reach SEK 544 million (446). Sales volumes increased by 4%. Selling prices fell by an average of 10%.
Per-Olov Wedin, President and CEO: “The improvement in earnings despite lower price levels is due to higher deliveries from the company’s own forests and lower production costs.

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