Sveaskog: Revenue and profit fell on lower timber prices, but net profit rose on asset gains
Quartr
Sources
Quartr
Language
English (India)
Revenue and operating profit declined sharply year-over-year due to lower timber prices, but net profit rose on asset revaluations and property sales. The company maintains strong financial ratios and continues to focus on core operations, sustainability, and innovation amid a challenging market.Or…
Revenue and operating profit declined sharply year-over-year due to lower timber prices, but net profit rose on asset revaluations and property sales. The company maintains strong financial ratios and continues to focus on core operations, sustainability, and innovation amid a challenging market.
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