SCA SCA B
This picture changes. Follow SCA free — email when the signal or risk changes + a Sunday weekly brief.
Follow SCA freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Full analysis: 6 Apr 2026
Latest news check: 23 Jul 2026
General analysis — not personal advice.
SELL
6/10
Confidence
Reduce/trim exposure (especially if position sizing is large) and wait for clearer evidence of price/margin stabilisation and that ESG/customer issues do not translate into material volume losses; keep only a core position if you have a long horizon and accept cyclical/ESG risk.
Q2 showed sequential improvements but results remained weaker year-over-year, keeping the signal at reduce until price stabilisation is confirmed.
Market sentiment
4/10
↑
Trend: Improving
Sentiment has improved as the market interpreted Q2 as the trough with clear sequential gains.
Price context
The share trades around 105.7 SEK after the report-day gain and sits near post-report levels within the 52-week range.
Risk assessment
7/10
Dilution:
Low
Profitable with manageable leverage
Jurisdiction:
Low
Sweden, stable legal framework
Execution:
Medium
ESG response and pricing must deliver
Recent changes
- The report showed sequential volume and margin gains despite lower year-over-year prices, driven by stronger renewable energy results.
The full analysis is open. Follow the company free for the full change history — and email next time the picture changes.
Show all changes (4) — follow the company freeAbout the company
SCA is Europe’s largest private forest owner and produces wood products, pulp, and packaging paper (containerboard/kraftliner) as well as bioenergy. It is a mature, profitable company, but exposed to commodity cycles and rising ESG/sustainability demands from customers and regulators.
Sector:
Forest products (wood, pulp and packaging paper)
Type:
Industrial
Next report
23 Oct 2026
Q3
Catalysts
23 Oct 2026
Q3 report
High
Horizon:
Bull case
Sequential volume and margin gains plus strong renewable energy results could support a turnaround.
Bear case
Lower prices, weak pulp market and higher raw-material costs continue to pressure margins versus the prior year.
Signal rationale (informational)
Q2 showed sequential improvements but results remained weaker year-over-year, keeping the signal at reduce until price stabilisation is confirmed.
Recent news
- SCA published the Q2 report on 22 July with sequential improvements in volumes and margins despite lower prices year-over-year. The stock rose 4.5–4.8 % on the report day and closed as the strongest in OMXS30.
Key figures
Revenue
Q2 2026
SEK 5.2B
Revenue TTM
TTM
SEK 23.0B
EBITDA
Q2 2026
SEK 1.3B
Net income
Q2 2026
SEK 0.5B
Cash
H1 2026
SEK 0.2B
Total debt
H1 2026
SEK 15.6B
Price & valuation
Last close
SEK 109
1 week
-0.2 %
3 months
+9.9 %
12 months
-12.7 %
From 52w high
-15.7 %
From 52w low
+12.6 %
Exchange
Stockholm
Type
Industrials
Sector
Forest products (wood, pulp and packaging paper)
This picture changes. Follow SCA free — email when the signal or risk changes + a Sunday weekly brief.
Follow 3 companies freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.