Nordic Paper Interim Report January - September 2024
- Net sales amounted to SEK 1,100 m (1,077 m), an increase of 2% compared with the same quarter the previous year. Excluding currency effects, net sales increased by 4%.
- EBITDA amounted to SEK 106 m (108 m), representing an EBITDA margin of 9.6% (10.0%).
- Operating profit amounted to SEK 67 m (69 m), representing an operating margin of 6.1% (6.4%).
- Profit for the period amounted to SEK 32 m (34 m) and earnings per share to SEK 0.47 (0.50).
- Cash flow from operating activities was SEK 195 m (301 m).
- Return on operating capital, 12 months, was 28.9% (34.0%).
- The net debt/EBITDA ratio, 12 months, was 1.4 (0.9).
- The sales volume amounted to 67.4 (67.6) ktonnes.
- On 11 October 2024 Strategic Value Partner, LLC, through Coniferous Bidco AB, announced a public takeover offer of SEK 50 per share to the shareholders in Nordic Paper Holding AB. The independent bid committee of the Board of Directors unanimously recommends shareholders not to accept the offer.
KEY FIGURES
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SEK m 2024 2023 Δ, 2024 Jan 2023 Jan Δ, R12 2023
Q3 Q3 % -Sep -Sep % Full year
Net sales 1,100 1,077 2 3,534 3,501 1 4,505 4,472
EBITDA 106 108 -2 616 606 2 786 775
EBITDA margin, % 9.6 10.0 17.4 17.3 17.4 17.3
Operating profit 67 69 -3 503 491 3 636 623
Operating margin, 6.1 6.4 14.2 14.0 14.1 13.9
%
Net profit for the 32 34 -6 352 352 0 416 416
period
Earnings per 0.47 0.50 5.26 5.26 6.22 6.22
share, SEK[1]
Cash flow from 195 301 -35 283 567 -50 481 765
operating
activities
Return on 28.9 34.0 30.0
operating capital,
12 m, %
Net debt/EBITDA, 1.4 0.9 1.0
12 m, ratio
Sales volume, 67.4 67.6 0 223.9 210.5 6 286.7 273.3
ktonnes
[1] 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, Director 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. The information was submitted for publication, through the agency of the contact person set out above, at 7.30 am CET on 30 October 2024.