Q1/2022 (year-on-year) • Sales increased by 23% to EUR 2,798 (2,276) million. • Operational EBIT increased by 53% to EUR 503 (328) million. • Operational EBIT margin increased to 18.0% (14.4%). • Operating profit (IFRS) increased to EUR 394 (161) million. • Strong cash flow from operations amounted to EUR 403 (185) million. Cash flow after investing activities was EUR 224 (-9) million. • The net debt to operational EBITDA ratio improved to 1.1 (2.3). The target is to keep the ratio below 2.0. • Operational ROCE excluding the Forest division almost doubled to 23.6% (12.0%), the target being >13%.
Boise Paper, a division of Packaging Corporation of America (PCA), today announced a new program to deliver rolls and sheets specifically intended for use in commercial grade digital printers. All products in the line have been performance tested and carry a laser guarantee.
Products include Boise POLARIS® branded rolls and sheets, as well as Boise® Offset and Boise® Opaque rolls.
“We’re committed to delivering what our customers need,” said Tina Brennan, Senior Marketing and Planning Manager for Boise Paper. “We know digital products are essential for commercial printers, and we want to make sure our offering enables success with those applications.”
During development of the program, Boise Paper partnered with Chicago-based Solution 3 Graphics to print test the Boise POLARIS grade. “Images pop and type is crisp,” reported George Herzog, owner at Solution 3. “We found Boise POLARIS to be an overall excellent presentation paper with great run-ability.”
All papers in the digital program are available for order immediately.