Financial targets and key performance indicators

The Company’s financial targets are effective 31 August 2022. Financial results are reported in the annual and sustainability report.

Direct return

The return on adjusted operating capital should be no less than 2.5 per cent over time, with and without associated companies.

Capital structure

The net gearing ratio should be 0.05–0.3.

Dividend

The ordinary dividend is to amount to between 70 and 100 percent of the Group’s profit after tax, excluding any non-cash changes in the value of standing timber and any share of the profit of associated companies, plus 100 percent of the dividends received by the company in preceding years from associated companies.

Financial facts in brief

Key performance indicators are updated each year during production of the company’s annual report.

  2020 2021 2022 2023 2024
Net sales, MSEK 6,597 6,920 7,760 7,863 8,304
Operating profit before changes in value of forest assets, MSEK 1,340 2,038 1,966 1,399 2,020
Changes in value of forest assets, MSEK 12,481 -196 499 3,376 7,942
Operating profit, MSEK 13,821 1,842 2,465 4,775 9,962
Pre-tax profit, MSEK 13,668 1,709 2,339 4,549 9,782
Profit for the year, MSEK 10,867 1,494 1,979 3,616 7,711
Return on equity, % 26.2 2.4 3.1 5.1 9.5
Return on adjusted operating capital (excl. deferred tax),% 3.6 5.2 4.9 3.3 4.4
Equity ratio, % 68 68 69 70 71
Net gearing ratio, multiple 0.13 0.12 0.11 0.11 0.10
Dividend, MSEK 850 1,300 1,150 1,207 1,203
Number of employees 713 711 739 804 826
Average number of employees 827 825 810 880 850