Billerud Ab · OMXSTO:BILL
Billerud Ab — BillerudKorsnäs — Q1 2015 Earnings Presentation
11 slides from Billerud Ab's earnings presentation, Apr 21, 2015
Slide 1: Interim Report January-March 2015
INTERIM REPORT JANUARY-MARCH 2015 2015-04-21 Per Lindberg, CEO and President, and Susanne Lithander, CFO 1
Slide 2: Best quarterly performance ever
BEST QUARTERLY PERFORMANCE EVER Operating profit reached a record high SEK 698 million and operating margin over 12% Net debt reduced with SEK 734 million from previous quarter to SEK 6 390 million due to a very strong cash flow Packaging Paper Normal market situation for sack and kraft paper for th
Slide 3: We deliver as promised: net sales and operating profit
WE DELIVER AS PROMISED NET SALES GROWTH 4% YOY, OPERATING PROFIT +29% YOY MSEK NET SALES MSEK OP. PROFIT 5 700 800 5 600 5 634 700 4% 29% 698 5 500 600 52% 5 400 10% 5 410 541 500 5 300 460 400 5 200 300 5 100 5 124 200 5 000 4 900 100 4 800 0 Q1 14 Q4 14 Q1 15 Q1 14 Q4 14 Q1 15 3
Slide 4: We deliver as promised: cash flow, ROCE and balance sheet
WE DELIVER AS PROMISED EXCELLENT CASH FLOW, GOOD ROCE AND STRENGTHENED BALANCE SHEET OP. CASH FLOW ROCE NET DEBT/EQUITY MSEK % 14 900 0,90 12 733 11.5 0.78 10 10.5 600 0.67 0,60 8 0.57 6 7.2 427 385 300 0,30 4 2 0 0 0,00 Q1 14 Q4 14 Q1 15 Q1 14 Q4 14 Q1 15 Q1 14 Q4 14 Q1 15 4
Slide 5: Packaging Paper business area Q1 2015
PACKAGING PAPER BUSINESS AREA Q1 2015 Stable demand for sack and kraft paper Net sales MSEK 2 182, +6% Q1-14 Operating profit MSEK 317, +66% Q1-14 Operating margin 15% Key take-away The order situation for brown sack paper was strong, weaker for MF kraft paper due to increased competition on the mar
Slide 6: Consumer Board business area Q1 2015
CONSUMER BOARD BUSINESS AREA Q1 2015 Stable and satisfactory market situation with normal seasonal variances Net sales MSEK 2 023, +4% Q1-14 Operating profit MSEK 290, +24% Q1-14 Operating margin 14% Key take-away Stable demand and continued global growth Production problems related to trimming issu
Slide 7: Containerboard business area Q1 2015
CONTAINERBOARD BUSINESS AREA Q1 2015 Order books remained stable during the quarter Net sales MSEK 801, +1% Q1-14 Operating profit MSEK 137, +17% Q1-14 Operating margin 17% Key take-away Market position and order intake for fluting remained on a high level. Prices and order book for liner was on a l
Slide 8: Outlook
OUTLOOK Demand and orders situation for the second quarter is expected to be stable with normal seasonal variances for all business areas. Average prices in local currency in the second quarter are anticipated to be stable on the same level as in the first quarter. No changes to wood prices are fore
Slide 9: Capital Markets Day on 12 November 2015
CAPITAL MARKETS DAY ON 12 NOVEMBER 2015 Capital Markets Day in Stockholm on 12 November 2015. More info will be published on www.billerudkorsnas.com 9
Slide 10: Q&A
e eee) BILLERUDKORSNAS Q&A WE CHALLENGE CONVENTIONAL PACKAGING FORA SUSTAINABLE FUTURE LEG SPILL LL enlaintatinits . LR, Sel ette ee yy Nag Ween rar, yy Mea x S 10
Slide 11: pil eo
pil eo BILLERUDKORSNAS