October-December 2016 compared with October-December 2015: *Net sales EUR 266.1 million (EUR 255.0 million).At constant currency rates, growth was 4.9%. *Adjusted EBITDA EUR 26.4 million (EUR 21.6 million), representing 9.9% (8.5%) of net sales. *Operating profit EUR 8.0 million (EUR 16.4 million loss). January-December 2016 compared with January-December 2015: *Net sales EUR 1,085.9 million (EUR 1,074.7 million).At constant currency rates, growth was 2.6%. *Adjusted EBITDA EUR 130.9 million (EUR 104.8 million), representing 12.1% (9.7%) of net sales *Operating profit EUR 70.8 million (EUR 21.9 million). click Read More below for additional detail
The innovation concerns a sizing additive that SCA has developed to improve the production of water resistant, hydrophobic, paper. The additive can be produced in a green sustainable manner.
The new sizing additive can completely replace the addition of commercial sizing agents in the paper production. The resulting paper exhibit improved water resistance and UV-light stability.
Since the depolymerized lignin can be produced from byproducts from a pulp mill the resulting sizing additive is sustainable and cost effective.