SCA Trots Out earnings
Published September 1, 2009
SCA reported that net sales for the six months from January to June rose 3% from the same period a year ago to $7.8 million. Profit before tax, excluding restructuring costs was $486,346. Profit for the period, excluding restructuring costs was $359.827. Sales of Personal Care products rose 17% during the second quarter compared with the same period a year ago. Following a relatively weak start of the year, sales grew 3% over the first quarter, while operating profit improved by 16%. Strong sales development in Europe, continued favorable performance in emerging markets and lower raw material costs accounted for the improvement, according to Jan Johansson, SCA’s president and CEO.