Swedish forestry company SCA reported a smaller-than-expected fall in first-quarter core earnings on Friday, sending its shares 5% higher, as renewable energy growth and forest operations softened. | April 28, 2023
Hear from the winner of our Forest Products European CEO of the Year award on the energy challenges, sustainability initiatives, mill project updates and future plans
SCA will introduce a new reporting segment – Renewable Energy – from January 1, 2023. The Renewable Energy segment will include the production and sale of refined and unrefined biofuels and biofuels.
/PRNewswire/ January-September 2022 compared with January-September 2021 Net sales increased 13% to SEK 15,921m (14,059), which was mainly related to higher.