Nordic Paper Interim Report January-June 2024
QUARTERLY RESULTS april - junE
- Net sales amounted to SEK 1,225 m (1,120 m), an increase of 9% compared with the same quarter the previous year. Excluding currency effects, net sales increased by 8%.
- EBITDA amounted to SEK 280 m (215 m), representing an EBITDA margin of 22.9% (19.2%).
- Operating profit amounted to SEK 242 m (178 m), representing an operating margin of 19.8% (15.9%).
- Profit for the period amounted to SEK 171 m (145 m) and earnings per share to SEK 2.55 (2.16).
- Cash flow from operating activities was SEK 175 m (245 m).
- Return on operating capital, 12 months, was 30.0% (32.1%).
- The net debt/EBITDA ratio, 12 months, was 1.5 (1.3).
- The sales volume amounted to 76.7 (69.4) ktonnes.
key figures
| SEK m | 2024 Q2 |
2023 Q2 |
Δ, % | 2024 Jan-Jun | 2023 Jan-Jun | Δ, % | R12 | 2023 Full year |
| Net sales | 1,225 | 1,120 | 9 | 2,434 | 2,425 | 0 | 4,481 | 4,472 |
| EBITDA | 280 | 215 | 30 | 511 | 498 | 3 | 788 | 775 |
| EBITDA margin, % | 22,9 | 19.2 | 21.0 | 20.5 | 17.6 | 17.3 | ||
| Operating profit | 242 | 178 | 36 | 436 | 422 | 3 | 637 | 623 |
| Operating margin, % | 19.8 | 15.9 | 17.9 | 17.4 | 14.2 | 13.9 | ||
| Net profit for the period | 171 | 145 | 18 | 320 | 318 | 1 | 418 | 416 |
| Earnings per share, SEK1 | 2.55 | 2.16 | 4.78 | 4.75 | 6.25 | 6.22 | ||
| Cash flow from operating activities | 175 | 245 | -29 | -2 | 265 | 587 | 765 | |
| Return on operating capital, 12 m, % | 30.0 | 32.1 | 30.0 | |||||
| Net debt/EBITDA, 12 m, ratio | 1.5 | 1.3 | 1.0 | |||||
| Sales volume, ktonnes | 76.7 | 69.4 | 11 | 156.5 | 142.8 | 10 | 287.0 | 273.3 |
1 Before and after dilution
For further information, please contact
Niclas Eriksson, CFO
Tel: +46 705 654 257
E-mail: [email protected]
Henrik Essén, Director of Sustainability and Communication
Tel: +46 730 573 801
E-mail: [email protected]
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 set out above, at 7.30 am CEST on 19 July 2024.