Stehendes Holz

In 2023, the Södra Group’s net sales amounted to SEK 28,896 million ($2.7 billion), compared to SEK 33,367 million ($3.2 million) in 2022. Operating profit totalled SEK 2,226 million ($213 million).

Sveaskog's operating profit for the Q42023 decreased by 22% to SEK 199 million ($19 million). 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.

Full-year 2023 net income was $173.5 million, or $1.17 per share, on revenues of $1.1 billion. This compares to net income of $107.1 million, or $0.73 per share, on revenues of $909.1 million in the prior year.

Restoration Forest Products Group has initiated a consensual prepackaged court-supervised process under Chapter 11 of the U.S. Bankruptcy Code, which it expects to complete as expeditiously as possible. Upon completion, Invesco Senior Secured Management, Inc. will become the new majority owner of RFOR in partnership wi...