Quarterly results JULY - SEPTEMBER- Net sales amounted to
SEK 1,077 (1,037) m, an increase of 4% compared with the same quarter the previous year. Excluding currency effects, net sales decreased by 2%. -
EBITDA amounted to
SEK 108 (77) m corresponding to an EBITDA margin of 10.0% (7.4%). -
Operating profit amounted to
SEK 69 (40) m, corresponding to an operating margin of 6.4% (3.9%). -
Profit for the period amounted to
SEK 34 (38) m and earnings per share amounted to SEK 0.50 (0.57). -
Cash flow from operating activities was
SEK 301 (257) m. -
Return on operating capital, 12 months, was 34.0% (27.3%).
-
The net debt/EBITDA ratio, 12 months, was 0.9 (1.6).
-
The sales volume amounted to 67.6 (61.9) ktonnes.
-
During the quarter, a decision was made to invest approximately
SEK 850 m in a new wood room and a new electrofilter at the Bäckhammar mill. The investments will be carried out in the years 2023-2025. They are expected to add around SEK 100 m annually to EBITDA with full effect in 2026, while significantly decreasing emissions of dust to air.
key figures
SEK m | 2023 Q3 | 2022 Q3 | Δ, % | 2023 Jan-Sep | 2022 Jan-Sep | Δ, % | R12 | 2022 Full year |
Net sales | 1,077 | 1,037 | 4 | 3,501 | 3,234 | 8 | 4,708 | 4,440 |
EBITDA | 108 | 77 | 40 | 606 | 561 | 8 | 865 | 821 |
EBITDA margin, % | 10.0 | 7.4 | 17.3 | 17.4 | 18.4 | 18.5 | ||
Operating profit | 69 | 40 | 73 | 491 | 453 | 8 | 714 | 676 |
Operating margin, % | 6.4 | 3,9 | 14.0 | 14.0 | 15.2 | 15.2 | ||
Net profit for the period1 | 34 | 38 | -12 | 352 | 363 | -3 | 554 | 566 |
Earnings per share, SEK1,2 | 0.50 | 0.57 | 5.26 | 5.43 | 8.28 | 8.46 | ||
Cash flow from operating activities | 301 | 257 | 17 | 567 | 428 | 32 | 699 | 560 |
Return on operating capital, 12 m, % | 34.0 | 27.3 | 34.0 | 27.3 | 34.0 | 32.5 | ||
Net debt/EBITDA, 12 m, ratio | 0.9 | 1.6 | 0.9 | 1.6 | 0.9 | 1.2 | ||
Sales volume, ktonnes | 67.6 | 61.9 | 9 | 210.5 | 216.3 | -3 | 278.7 | 284.5 |
1 Net profit R12 and for full-year 2022 includes a capital gain in net financial items of
2 Before and after dilution
For further information, please contact:
Tel: +46 705 654 257
E-mail: niclas.eriksson@nordic-paper.com
Henrik Essén, Head of Sustainability and Communication
Tel: +46 730 573 801
E-mail: henrik.essen@nordic-paper.com
This is information that
https://news.cision.com/nordic-paper/r/nordic-paper-interim-report-january-september-2023,c3866066
https://mb.cision.com/Main/13472/3866066/2397275.pdf
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