Södra has announced it is to divest Södra Wood Grimslöv to German-based Soernsen Group.
Sales of Swedish construction timber have continued to be strong, with sales to the country’s building materials market continuing to grow, Södra has reported.
Södra has set itself an ambitious set of sustainability goals, setting them on an equal footing with its financial targets, as it seeks to become a leader in the shift towards a so-called bioeconomy.
Mechanical rather than chemical plant protection is reaping dividends for Södra in more ways than one, the organisation reports, with sales this year of non-toxic saplings forecast to be 80% higher than they were in 2014.
Södra raised the price for standard saw logs in pine and spruce towards the end of May.
The damage Cyclone Gudrun caused Sweden’s forests in 2005 has a rather more positive legacy, according Södra – it has created huge carbon sinks that will soak up carbon dioxide (CO2) for 50 years as young trees grow to replenish what was lost.
Economic organisation Södra has enjoyed a good start to the year with profits, sales, and operating margins all showing a rise during the first four months of 2015.
Sweden’s Södra has decided to increase its investment in research and development with an additional SEK 50 million.
Södra has announced that Christer Segersteén is to stand down as chairman after serving on the board for 24 years.