Drytac announces global availability of Polar Blockout UV

January–December 2022 compared with January–December 2021 *The carrying amount of SCA’s forest assets increased to SEK 97.9bn (84.5) as of December 31, 2022 due to continued increase in transaction prices for forest assets in Northern Sweden. *Net sales increased 10% to SEK 20,794m (18,822), which mainly related to higher selling prices in containerboard and pulp. *EBITDA increased 12% to SEK 10,194m (9,109). The increase was mainly attributable to higher selling prices. Cost increases were largely offset through control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy, and logistics. EBITDA margin was 49.0% (48.4). *Operating profit increased to SEK 8,642m (7,634). *Operating cash flow was SEK 5,685m (5,216) and fully financed ongoing strategic capital expenditures.

Effective with all shipments on or after January 29, 2018, Nekoosa Coated Products will increase prices on the following carbonless paper and supplies: All carbonless sheets and rolls - 6% & All carbonless supplies - 6%

Norske Skog’s EBITDA in the second quarter of 2021 was NOK 17 million, a decrease from NOK 112 million in the first quarter of 2021. The markets are still somewhat impacted by the Covid-19 imposed restrictions, but are expected to improve during the second half of the year as a result of substantial capacity closures and expected sales price increases. As announced earlier, Norske Skog’s board of directors made a EUR 250 million investment decision to convert one machine at the Golbey (France) industrial site from newsprint to recycled containerboard. This is the second major step of the two planned European conversion projects in the group’s strategy of establishing Norske Skog as a leading independent European producer of recycled containerboard. Cash flow from operations was NOK -190 million in the quarter compared to NOK 163 million in the previous quarter, mainly due to a combination of low sales prices and higher energy and recovered paper costs during the quarter. Operating earnings in the second quarter of 2021 were NOK -277 million compared to operating earnings in the first quarter of 2021 of NOK 204 million. The quarter was negatively affected by restructuring expenses, mainly related to the closure of the Tasman mill, amounting to NOK 160 million. Net loss in the quarter was NOK 355 million compared to a net profit of NOK 194 million in the previous quarter. Net interest-bearing debt was NOK 779 million at the end of the second quarter, with an equity ratio of 41 %.