Södra reported a loss for 2025 as weaker pulp and sawn timber markets coincided with historically high wood raw material prices. Operating profit fell to –SEK 1,290 million (€122 million), compared with SEK 2,630 million (€249 million) in 2024. Net sales declined 4% to SEK 28,302 million (€2.68 billion) and the operating margin dropped to –5%. The decisive factor was the widening gap between raw material costs and finished product prices. Competition for sawlogs and pulpwood in southern Sweden kept fibre prices at elevated levels throughout much of the year. At the same time ...
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