Saturday, July 20, 2024

SCA says strong wood product demand to continue beyond Q2

STOCKHOLM (Thomson Financial) – Svenska Cellulosa AB’s chief executive Jan Aastroem said the strong demand for wood products will continue beyond the second quarter.

‘I don’t see the upturn in wood products ending soon. I don’t see it ending in the second quarter,’ Aastroem said at a press and analysts’ conference about SCA’s first-quarter report.

He said energy costs will fall in the second quarter compared with the first.

Aastroem said margins in the Personal Care unit would remain at current levels going forward.



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Sam Allcock
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