Financial information

We issue financial reports quarterly and our annual report and sustainability report in March of each year.

1 October – 31 December 2023

  • Net sales decreased by 3 per cent to MSEK 1,990 (2,044). Timber prices increased by an average of 12 per cent, while delivery volumes decreased by 15 per cent.
  • The operating profit decreased by 22 per cent to MSEK 199 (254). Higher timber prices have been offset by lower volumes from Sveaskog’s own forest, as well as increased costs for felling and processing after the storm Hans.
  • Share of profits of associates amounted to MSEK –81 (–28), mainly due to worse market conditions for Setra Group.
  • The reported net change in value of biological assets amounted to MSEK 3,436 (179), where the increase was mainly attributable to changed price assumptions.
  • Profit for the quarter after dividends amounted to MSEK 2,750 (288), equivalent to SEK 23.23 (2.43) per share.

1 January – 31 December 2023

  • Net sales increased by 1 per cent to MSEK 7,863 (7,760). Timber prices increased by an average of 14 per cent, while delivery volumes decreased by 13 per cent.
  • Operating profit increased by 5 per cent and amounted to MSEK 1,429 (1,366). Higher timber prices have been offset by lower volumes from Sveaskog’s own forest, as well as increased costs for felling and forest management.
  • Share of profits of associates amounted to MSEK –60 (574), mainly due to worse market conditions for Setra Group.
  • The reported net change in value of biological assets amounted to MSEK 3,376 (499), where the increase was mainly attributable to changed price assumptions.
  • Profit for the year after dividends amounted to MSEK 3,562 (1,979), equivalent to SEK 30.08 (16.71) per share.

Financial calendar

  • Annual General Meeting and Interim report January-March 2024
  • Interim report January-June 2024
  • Interim report January-September 2024
  • Year-end report 2024