SCA’s net sales for the 3Q 2019 grew by 5% year-on-year, of which price/mix accounted for -15%, volume for 20%, currency for 2%, and acquisitions/divestments for -2%, an amounted to SEK 4,975 million ($512.8 million). The growth was mainly related to higher delivery volumes from the expanded Östrand pulp mill, which were offset by lower selling prices in Pulp, Wood and Kraftliner, as the company said in the press release received by Lesprom Network.
EBITDA amounted to SEK 1,364 million ($140.6 million), a decrease of 12%. The decrease was mainly attributable to lower selling prices, which was somewhat offset by higher delivery volumes in Pulp and positive exchange rate effects.
Operating profit decreased by 22% to SEK 955 million ($98.4 million). Operating profit for the 3Q 2019 improved compared with the preceding quarter. Compared to the same quarter last year earnings declined.
SCA’s wood consumption continued to increase due to the continued ramp-up of the Östrand pulp mill. Prices for pulpwood and timber remained stable during the quarter. Wood reported stable consumption, although a high level of supply led to a further fall in selling prices.
The core of SCA’s business is the forest, Europe’s largest private forest holding.
