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Sveaskog publishes Annual and Sustainability Report for 2024

Sveaskog’s operating profit for 2024 increased by 44 per cent and amounted to MSEK 2,060 (1,429). The Board of Directors proposes that the Annual General Meeting in April resolves on a dividend to the owner, the Swedish State, of MSEK 1,203 (1,207). The market for wood raw materials, which has been favourable for several years, with record high raw materials prices, has contributed to a strong annual financial result for Sveaskog, despite lower delivered volumes.

Financial

Sveaskog's year-end report, January-December 2024: Long-term management and forward-looking initiatives

Operating profit increased by 44 per cent and amounted to MSEK 2,060 (1,429). Higher timber prices have been offset by lower volumes from Sveaskog’s own forest, as well as increased costs for felling, forest management and nature conservation.

Financial

Sveaskog’s interim report January–September 2024: The forest – a secure asset in an uncertain world

Operating profit increased by 79 per cent during the quarter and amounted to MSEK 345 (219). The improvement in earnings is mainly a result of higher timber prices. The higher timber prices were partly offset by lower volumes from Sveaskog’s own forests and slightly increased costs for felling and forest management.

Financial

Sveaskog’s interim report January–June 2024: Focus on market and efficiency delivers results

Operating profit increased by 8 per cent and amounted to MSEK 1,092 (1,011). Higher timber prices were offset by lower volumes from own forest and higher felling, nature conservation and forest management costs.

Joint pre study on sustainable transition

Boliden, Nevel, Skellefteå Kraft and Sveaskog have signed a letter of intent on a feasibility study to establish a value chain for hydrogen and biofuels in Västerbotten. In the extension, the goal is, among other things, to enable the phasing out of fossil fuel that is currently used in processes at the Rönnskär smelter.

Financial

Sveaskog's Interim Report January-March 2024: Continued good demand and high prices

Operating profit increased by 5 per cent and amounted to MSEK 593 (562). Higher timber prices have been offset by lower volumes from Sveaskog’s own forest, as well as slightly increased costs for felling and forest management.

Press contact

Sveaskogs Press Service

+46 (0)8 655 90 50