SCA
SCA is a Swedish forest and basic materials group centered on owned forest assets in northern Sweden. The company manages forests, harvests wood raw material, and converts it into renewable products such as pulp, solid wood products, packaging-related materials, and forest seedlings.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueOwnership and management of forest land, timber harvesting, and standing timber value creation.
Sawn timber and solid wood products sold to industrial and construction customers.
Pulp and fiber-based raw materials used in paper, tissue, and packaging applications.
Graphic paper products historically sold to print and publishing customers.
Forest seedlings, logistics, by-products, energy, and other supporting activities.
Customers
SCA sells to industrial buyers that use wood fiber, pulp, and sawn timber as input materials in manufacturing and construction. It also serves forestry-related customers through seedling sales and related services, while some products are sold through framework agreements and call-off orders. The customer base is therefore predominantly business-to-business and tied to commodity, industrial, and forest-product end markets.
Buy pulp and fiber-based materials for packaging, tissue, and other industrial uses.
Buy sawn timber and solid wood products for construction and manufacturing.
Buy publication paper for print and related uses where applicable.
Buy seedlings and forestry inputs for replanting and forest regeneration.
Strategy
SCA’s strategy centers on value creation from owned forest resources, disciplined industrial processing, and renewable products that substitute for fossil-based materials. It also emphasizes value-based culture, operational control across the value chain, and sustainability themes such as climate benefit, supplier standards, and responsible forest management.
SCA ties execution and stakeholder trust to common values, ethics, and supply-chain standards.
The business depends on improving value from forest resources and industrial products over time.
Renewable forest products are positioned as substitutes for fossil-based materials and climate-intensive alternatives.
Geography
SCA’s core business is concentrated in Sweden, especially northern Sweden where its forest assets are located and where much of the industrial base is anchored. The company also sells into broader European markets, with reported historical revenue exposure across the UK, Germany, France and other export markets. Geography matters because forest ownership, transport distances, and access to ports and industrial customers shape both supply and delivery economics.
Risks
SCA is exposed to commodity-like pricing, demand swings, and raw material cost pressure across forest products and pulp-related markets. It also faces forestry-, climate-, and policy-related risks because its assets and supply chain depend on long-lived forest resources, regulation, and transport infrastructure.
- Demand and market price for SCA’s productsImpact: HighLikelihood: High
Forest products are exposed to cyclical demand and commodity pricing.
Exposure - Raw material pricesImpact: HighLikelihood: High
Input costs can move independently of selling prices and pressure economics.
Exposure: Wood fiber and industrial inputs
- Political decisions on forestry and climate chargesImpact: HighLikelihood: Medium
Forest ownership and industrial operations are directly affected by policy changes.
Exposure: Forest management and emissions costs
- Climate changeImpact: HighLikelihood: Medium
Long-lived forest assets and industrial operations are exposed to physical and transition risks.
Exposure - Business ethics and reputational riskImpact: MediumLikelihood: Medium
A value-based brand depends on compliance, supplier standards, and stakeholder trust.
Exposure
Accounting
Judgemental itemsSales are recognized at a point in time when control transfers, often on call-off orders.
Impact: Affects timing of net sales and quarterly comparability
Cash discounts, volume discounts, and delivery bonuses reduce transaction price.
Impact: Affects revenue netting and reported margins
The company reports provisions for operational and other obligations that require estimates.
Impact: Can move operating expenses and liabilities
Financial instruments are measured at fair value and can affect earnings or OCI.
Impact: Creates volatility in financial income and equity reserves
Lease assets and liabilities matter for industrial sites, logistics, and equipment.
Impact: Affects leverage, depreciation, and interest expense
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Last updated: 28/09/2026