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.
Svenska Cellulosa Aktiebolaget SCA specializes in the production and marketing of paper and wood. Net sales break down by activity as follows:
- production of pulp (26.2%): operates a pulp mill in Sweden;
- production of paper (24.9%): 2 production sites located in Sweden at the end of 2022;
- sale of wood products (24.6%): owns 5 sawmills located in Sweden;
- forestry (24.3%): 2.7 million hectares of forest assets operated in Sweden and the Baltic States. The group also develops a renewable energy production activity.
Net sales are distributed geographically as follows: Sweden (18.9%), Germany (10.6%), the United Kingdom (9.7%), Europe (35.3%), the United States (12.2%), Asia (7.9%) and other (5.4%).