quarterly results january - march- Net sales amounted to
SEK 1,209 m (1,305 m), a decrease of 7% compared with the same quarter the previous year. Excluding currency effects, net sales decreased by 8%. -
EBITDA amounted to
SEK 231 m (282 m), corresponding to an EBITDA margin of 19.1% (21.6%). -
Operating profit amounted to
SEK 194 m (244 m), corresponding to an operating margin of 16.0% (18.7%). -
Profit for the period amounted to
SEK 149 m (173 m) m and earnings per share amounted to SEK 2.23 (2.59). -
Cash flow from operating activities was
SEK -87 m (21 m). -
Return on operating capital, 12 months, was 27.4% (33.9%).
-
The net debt/EBITDA ratio, 12 months, was 1.3 (1.1).
-
The sales volume amounted to 79.6 (73.5) ktonnes.
-
On
12 March 2024 , Nordic Paper published the decision to explore the possibilities for a potential sale of the company in response to the largest owner Shanying's announced intention to divest its 48.16% stake.
key figures
SEK m | 2024 Q1 | 2023 Q1 | Δ, % | R12 | 2023 Full year |
Net sales | 1,209 | 1,305 | -7 | 4,376 | 4,472 |
EBITDA | 231 | 282 | -18 | 723 | 775 |
EBITDA margin, % | 19.1 | 21.6 | 16.5 | 17.3 | |
Operating profit | 194 | 244 | -21 | 573 | 623 |
Operating margin, % | 16.0 | 18.7 | 13.1 | 13.9 | |
Net profit for the period1 | 149 | 173 | -14 | 392 | 416 |
Earnings per share, SEK1 | 2.23 | 2.59 | 5.86 | 6.22 | |
Cash flow from operating activities | -87 | 21 | 657 | 765 | |
Return on operating capital, 12 m, % | 27.4 | 33.9 | 27.4 | 30.0 | |
Net debt/EBITDA, 12 m, ratio | 1.3 | 1.1 | 1.3 | 1.0 | |
Sales volume, ktonnes | 79.6 | 73.5 | 8 | 279.5 | 273.3 |
1 Before and after dilution
For further information, please contact
Tel: +46 705 654 257
E-mail: niclas.eriksson@nordic-paper.com
Henrik Essén, Director 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-march-2024,c3967548
https://mb.cision.com/Main/13472/3967548/2759002.pdf
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