SCA stock rises on 2025 earnings momentum and 2026 outlook
Published on 07/24/2026 at 12:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SCA stock (SE0000112724) trades around a business that reported SEK 20.5 billion in net sales for 2025 and SEK 4.2 billion in operating cash flow, while adjusted EBIT for the full year reached SEK 3.9 billion. Those figures give investors a dated base to judge the Swedish forest products group against its 2026 margin and cash conversion targets.
2025 numbers set the frame
For 2025, SCA reported net sales of SEK 20.5 billion, adjusted EBIT of SEK 3.9 billion, and operating cash flow of SEK 4.2 billion. The comparison matters because the cash flow figure exceeded adjusted EBIT by SEK 0.3 billion, a simple sign of how conversion supported the year-end balance sheet picture.
That mix of sales, profit, and cash generation is the core reference point for the stock. It also matters because SCA has long tied its equity case to timber, pulp, and packaging earnings rather than to a single short-term catalyst.
Cash flow beats EBIT
The 2025 operating cash flow of SEK 4.2 billion was 7.7% above adjusted EBIT of SEK 3.9 billion. In practical terms, the gap shows that working capital and non-cash items did not drain the year's reported operating performance.
A second metric adds context: net sales of SEK 20.5 billion imply that adjusted EBIT represented about 19.0% of revenue in 2025. That margin level is the statistic market readers tend to compare with SCA's own prior periods and with other Nordic forest names.
Margin still matters
On the latest available annual numbers, the margin picture is more important than a headline revenue figure alone. A 19.0% adjusted EBIT margin leaves room for commodity swings, but it also means small changes in price, volumes, or energy costs can move reported earnings quickly.
For a stock like SCA, that is the investor question that follows every annual report: how much of the current operating result comes from volume, how much from pricing, and how much from cost control. The 2025 results give a clean benchmark for that debate.
Packaging and wood products
The company's industrial profile is built around forest assets, pulp, paper, packaging, and wood products, with packaging and wood-linked products serving as practical indicators of demand conditions. The most useful product lens is not a single branded consumer item but the mix of fibre-based materials that feed industrial customers across Europe.
That matters because these segments typically carry different margin profiles and react differently to pulp prices, shipping costs, and construction activity. Investors reading SCA stock often watch whether those end markets are reinforcing or offsetting each other.
Closing price context
The stock is best read against the 2025 reporting base and the 2026 capital-allocation narrative, not against a single day of price action. When the market re-rates SCA, it usually does so on proof that the earnings base can hold up near the 2025 level rather than on a one-off quarter alone.
That leaves the 2025 figures as the most relevant near-term anchor: SEK 20.5 billion in sales, SEK 3.9 billion in adjusted EBIT, and SEK 4.2 billion in operating cash flow. Those three numbers now define the reference range for any new move in SCA stock.
SCA stock facts
- Company: Svenska Cellulosa Aktiebolaget SCA (publ)
- ISIN: SE0000112724
- Ticker: STO: SCA B
- Trading venue: Nasdaq Stockholm
- Sector / Industry: Materials / Paper & Forest Products
- Index membership: OMXS30
Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.
