Billerud Ab · OMXSTO:BILL
Billerud Ab — BillerudKorsnäs — Q3 2015 Earnings Presentation
11 slides from Billerud Ab's earnings presentation, Oct 21, 2015
Slide 1: Interim Report January-September 2015
INTERIM REPORT JANUARY-SEPTEMBER 2015 2015-10-21 Per Lindberg, CEO and President, and Susanne Lithander, CFO 1
Slide 2: Strong performance and structural opportunities
STRONG PERFORMANCE AND STRUCTURAL OPPORTUNITIES Adjusted operating profit reached SEK 683 million and adjusted operating margin 12% Reported operating profit impacted by divestiture of SIA Latgran and cost for closure of Tervasaari site Packaging Paper Balanced development: MG strong, MF and white s
Slide 3: We deliver as promised: net sales and adjusted operating profit
WE DELIVER AS PROMISED NET SALES GROWTH 6% YOY, ADJUSTED OPERATING PROFIT +25% YOY NET SALES ADJUSTED SEKm SEKm OP. PROFIT 20 000 2 500 18 000 +6% 16 000 16 601 2 000 +25% 15 729 1 923 14 000 12 000 1 500 1 540 10 000 8 000 1 000 6 000 +6% +32% 5 191 5 478 683 4 000 500 518 2 000 0 0 Q3 14 Q3 15 Jan
Slide 4: We deliver as promised: cash flow, ROCE and debt/equity
WE DELIVER AS PROMISED STRONG CASH FLOW, REACHING ROCE TARGET AND DECREASING ND/E ADJUSTED NET SEKm OP. CASH FLOW % ROCE DEBT/EQUITY 1 800 15 0,90 14 1 500 1 597 12 0,73 1 200 1 312 0,60 0,67 9 10 900 0,46 6 600 0,30 494 541 3 300 0 0 0,00 Jan-Sep Jan-Sep Q3 14 2014 Q3 15 14 15 4
Slide 5: Packaging Paper business area Q3 2015
PACKAGING PAPER BUSINESS AREA Q3 2015 Stable demand for sack and kraft paper Net sales SEK 2 174 million, +6% Q3-14 Operating profit SEK 278 million, +76% Q3-14 Operating margin 13% Markets Prices in local currency were on the same level as previous quarter Sack paper market is expected to be weaker
Slide 6: Consumer Board business area Q3 2015
CONSUMER BOARD BUSINESS AREA Q3 2015 Stable and satisfactory market situation with normal seasonal variances Net sales SEK 2 006 million, +6% Q3-14 Operating profit SEK 234 million, -4% Q3-14 Operating margin 12% Markets Growing demand with delivery pressure from liquid packaging board markets Volum
Slide 7: Containerboard business area Q3 2015
CONTAINERBOARD BUSINESS AREA Q3 2015 Strong demand for fluting and normal for white liner Net sales SEK 926 million, +20% Q3-14 Operating profit SEK 203 million, +69% Q3-14 Operating margin 22% Market Order demand for fluting continues to be strong Prices and order book for white liner was on a stab
Slide 8: Outlook
OUTLOOK Demand and orders situation for the fourth quarter is expected to be stable with normal seasonal variances for all business areas. Average prices in local currency in the fourth quarter are anticipated to be stable. No changes to wood prices are anticipated for the fourth quarter. There are
Slide 9: Capital Markets Day on 12 November 2015
CAPITAL MARKETS DAY ON 12 NOVEMBER 2015 Investing for sustainable and profitable growth For registration visit www.billerudkorsnas.com 9
Slide 10: Q&A
BILLERUDKORSNAS Q&A WE CHALLENGE CONVENTIONAL PACKAGING FORA SUSTAINABLE FUTURE 10
Slide 11: thy
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