In 1Q 2020, Sokolsky PPM sales rose by 8.7%

In 1Q 2020, sales profit of Sokolsky Pulp and Paper Mill (part of the Segezha Group) increased by 39.8% YoY to 35.2 million rubles. Revenues for the same period increased by 8.7% YoY to 295.2 million rubles.

The reason for the growth could be the increased demand in March 2020 for pulp and paper products.