SCA’s first quarter results show its forest products division – which comprises solid wood products, pulp and some paper products – saw its operating profit fall by 22% to SKr257m (2012: SKr331m).
Figures for each segment in the division, incuding solid wood, have not been released. But the group said wood product sales decreased as a result of lower prices, including exchange rate effects that were not fully compensated for by higher volumes, while demand in western Europe was “weak”.
Solid wood delivery volumes were 521,000m3 in the first quarter, up 5% on a year ago.
The division’s results included positive earnings effects of SKr121m due to land swaps and negative exchange rate effects of approximately SKr110m.
Group-wide SCA made an operating profit of SKr1.78bn (2012: SKr1.68bn).
