SCA Interim Report Q3 2021

January-September 2021 compared with January-September 2020
*Net sales amounted to SEK 14,059m (13,818). The increase was primarily attributable to higher selling prices in all product areas. The discontinued publication paper operations (see page 5) and the divestment of Wood Supply UK (see page 7) had a negative impact on sales. Excluding these effects, net sales increased by 26%.
*EBITDA increased 106% to SEK 6,303m (3,0631). The increase was mainly attributable to higher selling prices in all product areas and a stable, low cost level. EBITDA margin increased with 23 percentage points (of which 8 resulted from the discontinuation of publication paper operations and the divestment of Wood Supply UK) and was 44.8% (22.11).
*Operating profit increased to SEK 5,226m (1,8531)
*Operating cash flow amounted to SEK 3,453m (1,731)
*Earnings per share increased to SEK 5.85 (2.021)

Earnings for the third quarter of 2021 improved compared with the preceding quarter and the year-earlier quarter, despite significant planned maintenance stops carried out during the period. Higher selling prices in all product areas had a positive impact on earnings.

The supply of wood to SCA’s industries was stable during the quarter. The price of pulpwood remained stable compared with the preceding period while the price of timber increased slightly in northern Sweden due to high demand.

Demand has been strong for solid-wood products for some time in most geographies, which has resulted in low inventory levels across the value chain and in turn led to a sicnificant increase in market prices compared with the preceding quarter.

Delivery volumes in the Pulp segment decreased compared with the preceding quarter, due primarily to inventory build-up prior to the planned maintenance stop that began at the end of the period. Selling prices increased mainly due to continued healthy demand in Europe.

Demand for kraftliner was strong during the quarter, driven by higher global demand for packaging. Market prices increased compared with the preceding quarter. Two planned maintenance stops took place during the period, which limited production and delivery volumes slightly. The expansion project at Obbola is progressing in line with schedule and budget. A successful start-up of the upgraded fiber line and recovery boiler took place during the period.
https://www.sca.com/en/about-us/Investors/press-releases/2021-10/interim-report-q3-2021/

Related Posts

Verso Introduces Direct Mail Promotion: Vote for Verso Papers

Verso Corporation introduced a new direct mail promotion, Vote for Verso Papers, to create awareness of its extensive 7 & 9 pt. sheetfed, digital, web and inkjet printing papers amongst those designing and printing direct mail for political campaigns. The promotion was printed on a sheetfed printing press on Verso's Anthem Plus® Gloss, 7 pt. cover. "Direct mail lets you reach the right voters with the right message," said Senior Vice President of Sales and Marketing Aaron Haas. "In fact, mail works well for campaigns looking to reach specific audiences on topics and issues that are just not possible with mass communication, while connecting them to online content that provides more information on a candidate's views."

Boise Paper and Box Tops for Education™ Launch “Give the Gift of Box Tops” Sweepstakes

In the spirit of the holiday season, Boise Paper and Box Tops for Education™ launched the "Give the Gift of Box Tops" Sweepstakes today, giving three winners the chance to help their local schools. Through November 30, 2017, U.S. residents can enter the sweepstakes daily for the chance to win 10,000 Bonus Box Tops and 400 reams of Boise Paper products for the participating school of their choice. "Boise Paper is proud to support America's schools as a partner of General Mills' Box Tops for Education program," said Paul LeBlanc, vice president of Boise Paper. "We love seeing first-hand how Box Tops make a difference for schools throughout the country, and we are excited that this sweepstakes will give three lucky winners the chance to truly make a difference with an unexpected gift for the holidays." Click Read More below for additional information.

Stora Enso continues to invest in renewable energy at production sites

Stora Enso will invest EUR 10 million at its Enocell pulp mill in Finland to replace fossil-based heavy fuel oil with renewable pitch oil. This will reduce the environmental impact of the operations and help in reaching the ambitious target for reducing greenhouse gas emissions. Currently, the main energy sources for Enocell pulp mill are renewable black liquor, bark, and saw dust powder, but fossil-based heavy fuel oil is needed when the pulp mill is started up after maintenance stops or production disturbances. By replacing heavy fuel oil with pitch oil that is made from trees, Enocell pulp mill aims at becoming a site running 100% on bio-energy and, thus, reduce its fossil CO2 emissions by almost 70 000 tonnes annually, which is approximately 50% of Biomaterials division’s fossil CO2 emissions, and a significant contribution to achieving Stora Enso’s climate targets.
Back To Top
×Close search
Search