October 28, 2022
5th quarter in a row with 50% EBITDA margin
Strong operating cash flow financing strategic investments
Both Obbola and CTMP expansion projects on budget and ahead of time
- New paper machine in Obbola running 24/7
Sales in line with Q3 2021
- Volume -6%, currency +5%, price/mix +1%, exit publication paper -1%
EBITDA decreased 7% vs Q3 2021
- Lower prices on wood products
- Lower delivery volumes
- Higher distribution and raw material costs + Higher pulp and containerboard prices + Lower energy costs
Renewable energy new segment from 1st of January 2023
3
EBITDA (SEKm) | Industrial ROCE 1 | EBITDA (SEKm) and EBITDA margin | ||||||||
2,484 | 44% | -7% | ||||||||
3,121 | ||||||||||
2,684 | 2,806 | |||||||||
2,608 | ||||||||||
2,484 | ||||||||||
2,260 | ||||||||||
EBITDA margin | Net debt/EBITDA | 53% | 59% | 52% | 53% | |||||
50% | 0.8x | 1,377 | 1,359 | 47% | 50% | |||||
1,032 | ||||||||||
30% | 33% | |||||||||
24% | ||||||||||
Q3 '20 | Q4 '20 | Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1'22 | Q2'22 | Q3'22 | ||
1. LTM | 4 |
Note: EBITDA excluding effect of one-off items related to discontinuation of publication paper in Q3 2020 and
Q4 2020.
Net sales (SEKm) | EBITDA (SEKm) | EBITDA margin | |||||
+11% | +21% | ||||||
1,609 | 623 | 38.7% | |||||
1,455 | 516 | 35.5% | |||||
Q3 2021 | Q3 2022 | Q3 2021 | Q3 2022 | Q3 2021 | Q3 2022 |
Price development - Pulpwood and Sawlogs
Stable wood supply to industries
Increasing wood prices
Sales up 11%
- Higher prices
EBITDA up 21%
- Higher revaluation of biological assets
- Higher harvesting level own forest
120 | - Higher transportation and harvesting costs, driven by | |||||||
higher fuel prices | ||||||||
110 | ||||||||
100 | ||||||||
90 | ||||||||
80 | ||||||||
Q3 '20 | Q4 '20 | Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 |
Pulpwood | Sawlogs |
5
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SCA - Svenska Cellulosa AB published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 07:22:09 UTC.