Södra reported second quarter 2023 net sales of SEK 7,322 million (8,953). Operating profit totaled SEK 464 million (2,325), representing an operating margin of 6 percent (26). Return on capital employed was 13 percent (39) and the equity ratio was 61 percent.
During the quarter, the World-class Efficiency project achieved annual efficiency gains of SEK 500 million.
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Södra has long had a reputation for sustainable innovation in the pulp industry, from driving the introduction of totally-chlorine free (TCF) bleaching in the 1990s to its recent ground-breaking new textile pulp giving new life to post-consumer textile, OnceMore® and the world’s first pulpable bale strap, FiberSafe®. The latest innovation combines agricultural residues with softwood pulp to produce a new product which is resource-efficient, sustainable and performance-enhancing for papermakers.
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