Nordic forest companies have more money than ever
The Nordic forest industry has never had as much money as it does now, says Danske Bank's forest sector newsletter. Danske Bank has analyzed the situation of six large Nordic listed forest industry companies. The Swedish companies Billerud, Holmen and SCA, the Finnish-Swedish Stora Enso and the Finnish companies UPM and Metsä Board are involved in the analysis. The companies' combined debt amount of 78.5 billion kroner (7.2 billion euros) may seem large, but is exceptionally low in relation to the income generation and the balance sheet. Net debt in relation to ...
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