Corporate

Quarterly profit rise driven by defence division's strong performance.

• Read more about NCR comments: Kongsberg Gruppen ASA Q1 2021 report

• Read more about Södra Skogsägarna ekonomisk förening

Södra is a leading Swedish forestry cooperative and exporter. It was founded in 1938 following a merger of regional forestry associations in southern Sweden, where most of its forests are still located. Södra has over 50,000 associate members. The company is organised into five segments: Cell, Wood, Skog (Forest), Innovation and Others. Cell produces pulp and co-generated electricity and Wood manufactures sawn wood and related products. Skog is effectively a trading company, buying timber from associate members.

• Read more about Kongsberg Gruppen ASA

Kongsberg Gruppen provides high-tech systems and solutions to customers operating primarily in the shipping, oil and gas, fisheries, defence, aerospace and space industries.

• Read more about SalMar ASA

SalMar is one of the world's largest salmon farmers with fish farming operations in Norway. It is a majority shareholder in Icelandic Salmon AS and owns half of Scottish Sea Farms Ltd. via a partnership with Lerøy Seafood Group. The company prioritises secondary processing before delivering to Europe, Asia, and North America, while also selling whole fresh and frozen fish. Committed to sustainable growth, SalMar engages in offshore fish farming, closed containment, and land-based fish farming with a view to reducing its environmental impact.

NCR explains its views on preferred shares when evaluating the financial risk of individual companies.

• Read more about Nordic Credit Rating's view on corporate preferred shares

Our 'CCC' issuer and issue ratings on Cabonline Group Holding AB (publ) are unchanged following the publication of its second-quarter results.

• Read more about NCR comments: Cabonline Group Holding AB (publ) Q2 2020 report

NCR comments on Cabonline Group Holding AB (publ)'s request to amend certain terms and conditions.

• Read more about NCR comments: Cabonline proposes revised bond terms

Our 'CCC' issuer and issue ratings for Cabonline Group Holding AB (publ) are unchanged following the publication of its first-quarter results.

• Read more about NCR comments: Cabonline Group Holding AB (publ) 2020Q1 report

NCR outlines how it takes ESG factors into consideration when assessing corporates. esg

• Read more about ESG factors in corporate ratings

NCR believes the refinancing risk of Swedish companies has been reduced following recent government initiatives targeted at the export sector. covid-19

• Read more about Swedish government initiatives support disrupted credit markets