Nordic Paper Interim Report January-June 2023
- Net sales amounted to SEK 1,120 (1,144) m, a decrease of 2% compared with the same quarter the previous year. Excluding currency effects, the decrease amounted to 8%.
- EBITDA amounted to SEK 215 (247) m corresponding to an EBITDA margin of 19.2% (21.6%).
- Operating profit amounted to SEK 178 (211) m, corresponding to an operating margin of 15.9% (18.4%).
- Profit for the period amounted to SEK 145 (164) m and earnings per share amounted to SEK 2.16 (2.44).
- Cash flow from operating activities was SEK 245 (118) m.
- Return on operating capital, 12 months, was 32.1% (27.3%).
- The net debt/EBITDA ratio, 12 m, was 1.3 (2.2).
- The sales volume amounted to 69.4 (77.6) ktonnes.
key figures
[][]
SEK m 2023 2022 Δ, 2023Jan-Jun 2022Jan-Jun Δ, R12 2022
Q2 Q2 % % Full
year
Net sales 1,120 1,144 -2 2,425 2,196 10 4,668 4,440
EBITDA 215 247 -13 498 484 3 835 821
EBITDA 19.2 21.6 20.5 22.0 17.9 18.5
margin, %
Operating 178 211 -16 422 413 2 685 676
profit
Operating 15.9 18.4 17.4 18.8 14.7 15.2
margin,
%
Net profit 145 164 -12 318 325 -2 559 566
for the
period[1]
Earnings 2.16 2.44 4.75 4.86 8.35 8.46
per
share,
SEK[1,2]
Cash flow 245 118 108 265 170 56 655 560
from
operating
activities
Return on 32.1 27.3 32.1 27.3 32.1 32.5
operating
capital,
12 m, %
Net 1.3 2.2 1.3 2.2 1.3 1.2
debt/EBITDA
,
12 m,
ratio
Sales 69.4 77.6 -11 142.8 154.4 -7 272,9 284.5
volume,
ktonnes
[1] Net profit R12 and for full-year 2022 includes a capital gain in net financial items of SEK 42 million from the sale in Q4 2022 of the minority shareholding in Åmotfors Energi AB.
[2] Before and after dilution
For further information, please contact:
Niclas Eriksson, CFO
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 Nordic Paper Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person above, at 7.30 am CEST on 20 July 2023.