Svenska Cellulosa Ab Sca Class A · OMXSTO:SCA_A
Svenska Cellulosa Ab Sca Class A — SCA — FY2007 Earnings Presentation
20 slides from Svenska Cellulosa Ab Sca Class A's earnings presentation, February 2008
Slide 1: SCA Year-end Report
SCA Year-end Report 1 January – 31 December 2007 Jan Johansson President and CEO
Slide 2: First impressions
First impressions
Slide 3: Highlights 2007
Highlights 2007 Positive sales growth Strong earnings growth Price and mix improvements Higher raw material costs
Slide 4: Strong earnings improvement
Strong earnings improvement SEK millions unless otherwise stated 2007 2007 2006 Change, % Net sales 105,913 105,913 101,439 4 EBITDA 19,818 15,976* 14,665 9 EBITDA-margin (%) 18.7 15.1* 14.5 EBIT 10,147 9,847* 8,505 16 Profit before tax 8,237 7,937* 6,833 16 Earnings per share (SEK) 10.16 9.80* 7.75
Slide 5: Strong performance
Strong performance SEK millions Q4 Q4 Q3 unless otherwise stated 2007 2007 2007 Change, % Net sales 27,808 27,808 26,362 5 EBITDA 8,019 4,177* 4,056 3 EBITDA-margin (%) 28.8 15.0* 15.4 EBIT 2,891 2,591* 2,526 3 Profit before tax 2,342 2,042* 2,019 1 Strong sales and EBITDA Higher energy costs P&G’s
Slide 6: Continued dividend growth
Continued dividend growth SEK 5 C AGR) %( 4 th 9 d grow de n Divi 3 2 1 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 1) Proposed dividend of SEK 4.40 per share 1) Proposed dividend
Slide 7: Personal Care
Personal Care
Slide 8: Personal Care – Continued positive development
Personal Care – Continued positive development Sales 22,101 2007/2006 comments 21,272 Sales growth mainly related to 13% retail sales growth in Europe for incontinence care Good sales growth in South 2006 2007 America for feminine care and EBITDA baby diapers 3,955 3,775 Improved product mix Joint v
Slide 9: Personal Care – Higher sales and earnings
Personal Care – Higher sales and earnings Sales Q4/Q3 comments Sales growth driven by incontinence care in health care segment Good sales development for baby diapers in Nordic countries EBITDA and Russia Improved product mix in baby diapers 17.7% 17.5% 17.8% 18.1% 18.2% EBITDA-margin
Slide 10: Tissue
Tissue
Slide 11: Tissue – Good development
Tissue – Good development Sales 33,332 31,336 2007/2006 comments Sales growth related to P&G acquisition and price increases Good sales growth for consumer tissue in South America 2006 2007 Increased raw material cost, but EBITDA 3,949 lower energy cost 3,631 Consolidation of P&G business as of Octo
Slide 12: Tissue – Consolidation of the P&G acquisition
Tissue – Consolidation of the P&G acquistion Sales 9,343 Q4/Q3 comments 7,844 7,725 8,060 8,204 Sales growth and EBIT improvement mainly related to P&G acquisition Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 AFH sales in US seasonally lower, but improved mix and EBITDA earnings 1,022 1,092 Record sales
Slide 13: Packaging
Packaging
Slide 14: Packaging – Strong improvements
Packaging – Strong improvements Sales 33,353 33,728 2007/2006 comments Good market growth in 2007 Price increases amounting to 8% implemented during 2007 2006 2007 Increased prices more than offset higher raw material costs EBITDA 4,212 3,754 Strong sales growth Eastern Europe and China growth marke
Slide 15: Packaging – Positive impact from price increases
Packaging – Positive impact from price increases Sales Q4/Q3 comments 8,445 8,571 8,229 8,434 8,494 Improved profitability Continued price improvements Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Higher raw material and energy costs EBITDA 1,063 1,044 1,102 1,024 1,003 Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4
Slide 16: Forest Products
Forest Products
Slide 17: Forest Products – Strong sales and earnings growth
Forest Products – Strong sales and earnings growth Sales 18,744 17,651 2007/2006 comments Strong sales growth Results improvement related to solid-wood products and pulp 2006 2007 Lower energy costs EBITDA Strong pulp and timber markets 4,194 3,808 2006 2007 21.6% 22.4% EBITDA-margin
Slide 18: Forest Products – Seasonally high energy costs
Forest Products – Seasonally high energy costs Sales Q4/Q3 comments 4,480 4,472 4,726 4,743 4,803 Improved price and mix in publication papers offset by higher energy costs Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Lower earnings for solid- wood products mainly due to EBITDA lower prices 1,088 1,082 1
Slide 19: Market trends 2008
Market trends 2008 Continued good demand for SCA’s main segments Increased raw material and energy costs Positive price momentum
Slide 20: essentials
essentials for everyday life”