19 slides from Svenska Cellulosa Ab Sca Class A's earnings presentation, Jan 29, 2014
Slide 1: SCA Year-End Report 2013
SCA Year-End Report 2013 1 January – 31 December 2013
Slide 2: Macro update
2013 Macro update Tissue Some growth in Europe and North America Good growth in emerging markets Personal Care Stable demand for personal care products in Europe Good growth in emerging markets Forest Products Decreased demand for publication paper in Europe Improved market balance in Europe for sol
Slide 3: Key Events 2013
Key Events 2013 Acquired majority ownership in Chinese tissue company Vinda Investment in India, launch of Libero and Tempo Divestment of Laakirchen publication paper mill Inauguration of first wind park; SCA and Statkraft JV Inclusion in key sustainability indexes January 29, 2014 Year-End Report 2
Slide 4: SCA Group's Priorities
SCA Group’s Priorities EFFICIENCY INNOVATION GROWTH January 29, 2014 Year-End Report 2013 4
Slide 5: Efficiency Programs
Efficiency Programs Hygiene business cost and productivity program Achieved cost savings Q4 2013: SEK 390m Annualized cost savings in Q4 2013: approx. EUR 175m Total annual cost savings of EUR 300m, full effect in 2015 Georgia-Pacific synergies Achieved cost savings Q4 2013: SEK 125m Annualized cost
Slide 6: Innovation drives Profitable Growth
Innovation drives Profitable Growth Strengthens market positions and profitability January 29, 2014 Year-End Report 2013 6
Slide 7: Growth
Growth Sales growth 10%* Good growth in emerging markets Personal Care sales growth 10%** Tissue sales growth 13%** Acquired majority ownership in Vinda Investment in India Launch of Libero and Tempo * 2013 compared with 2012, excluding exchange rate effects and divestments ** 2013 compared with 201
Slide 8: Summary
Summary Full Year 2013 vs Full Year 2012 Sales increased 10%* Hygiene business, 12%* Higher volumes Acquisitions Good growth in emerging markets Forest Products, 0%** Higher volumes Lower prices, including currency effects EBIT increased 19%*** Cost savings Higher volumes Acquisition in Europe Gains
Slide 9: Full Year 2013 Results
Full Year 2013 Results SEK millions unless otherwise stated 2013 2012 Change, % Change, % Net sales 89,019 85,408 4 10** EBIT* 9,934 8,646 15 19*** EBIT margin* (%) 11.2 10.1 Profit before tax* 8,934 7,382 21 25*** Earnings per share (SEK) 7.90 7.06 Operating cash flow 8,489 9,644 -12 Debt/Equity ra
Slide 10: Summary
Summary Q4 2013 vs Q4 2012 Sales increased 1%* Hygiene business, 0%* Higher volumes Increased marketing activities Forest Products, 5%** Higher prices Lower volumes EBIT increased 31%*** Cost savings Gains on forest swaps Higher volumes Higher energy and raw material costs Operating cash flow increa
Slide 11: Q4 2013 Results
Q4 2013 Results SEK millions Q4 Q4 unless otherwise stated 2013 2012 Change, % Change, % Net sales 22,442 23,445 -4 1** EBIT* 3,049 2,422 26 31*** EBIT margin* (%) 13.6 10.3 Profit before tax* 2,794 2,129 31 38*** Earnings per share (SEK) 2.61 2.97 Operating Cash flow 2,726 2,446 11 * Excluding item
Slide 12: Q4 2013 vs. Q3 2013
Q4 2013 vs. Q3 2013 Summary Group Sales increased 2% EBIT increased 21%* Business areas Personal Care, EBIT decreased 3%** • Increased marketing activities • Higher volumes • Cost savings Tissue, EBIT increased 5%** • Higher prices • Higher volumes • Cost savings • Lower raw material costs Forest Pr
Slide 13: Personal Care
Personal Care Q4 2013 vs. Q4 2012 Sales decreased 2% (0%*) -2% Incontinence products increased 4%* Baby diapers decreased 5%* Feminine care increased 7%* Emerging markets increased 1%* Sales (SEKm) Q4 2012 Q4 2013 EBIT decreased 12%** (-12%***) Increased marketing activities -12%** Cost savings High
Slide 14: Tissue
Tissue Q4 2013 vs. Q4 2012 Sales decreased 3% (+1%*) Consumer tissue increased 1%* -3% AfH tissue increased 4%** Emerging markets increased 10%** Sales (SEKm) Q4 2012 Q4 2013 EBIT increased 10%*** (18%****) Higher volumes Cost savings 10%*** Divestments Higher raw material costs Negative currency im
Slide 15: Forest Products
Forest Products Q4 2013 vs. Q4 2012 Sales decreased 11% (+5%*) Publication papers, decreased sales Kraftliner, increased sales -11% Solid-wood products, increased sales Pulp, increased sales Sales (SEKm) Q4 2012 Q4 2013 EBIT increased 188%** 188%** Higher prices Cost savings Gains on forest swaps Hi
Slide 16: Dividend
Dividend The Board of Directors proposes an increase in the dividend by 5.6% to SEK 4.75 per share (4.50) January 29, 2014 Year-End Report 2013 16
Slide 17: Full Year 2013 Summary
Full Year 2013 Summary Higher sales and profit for the Group Higher profits in all business areas Higher sales in Personal Care and Tissue Flat sales* in Forest Products Efficiency programs delivering according to plan Acquired majority ownership in Chinese Vinda Investment in India, launch of Liber
Slide 18: Q&A
SCA Care of Life Q&A
Slide 19: Slide 19