SCA reaps the rewards of a strong pulp and kraftliner market in the first half

Sweden’s forest products company Svenska Cellulosa Aktiebolaget (SCA) continued to benefit from higher selling prices across all products areas in 2022. The group’s net sales in the first three quarters of the year increased by 13 per cent compared to the same period last year. The company also benefited from a better...

Although SCA’s financial results for the first quarter 2022 are lower than for the last quarter of 2021 due to revaluation of the company’s biological assets, the company’s earnings show a considerable increase against the same period last year. Commenting on the first quarter results, the company says that it owes the...

British packaging group DS Smith has closed the first half of the current financial year, which ended on 31 October, very successfully thanks to higher prices and good cost control and has raised its expectations for the full year performance. Operating profit (£349m) and net profit (£232m) were approximately 70 per...