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SCA: Interim report, Q1 2024

SUNDSVALL, Sweden, April 26, 2024 /PRNewswire/ -- January–March 2024 compared with January–March 2023 Net sales declined to SEK 4,558m (4,813). The sales decrease was mainly due to lower selling prices. Delivery volumes increased compared with the preceding year due to a gradual ramp up of production at mills where strategic capital expenditures have recently been made. EBITDA amounted to SEK 1,596m (2,055). Lower selling prices were partly offset by effective cost control due to the high degree of self-sufficiency in primarily wood raw material but also in energy and logistics. EBITDA margin was 35.0% (42.7). Operating profit declined to SEK 1,077m (1,596). Operating cash flow amounted to SEK 677m (1,203). Earnings per share was SEK 1.12 (1.74). January–March 2024 compared with October–December 2023 Net sales increased to SEK 4,558m (4,384), mainly attributable to higher selling prices. EBITDA amounted to SEK 1,596m (1,635) and EBITDA margin was 35.0% (37.3). Higher selling prices were offset by negative exchange rate effects. KEY FIGURES                  Quarter                   SEKm 2024:1  2023:1 % 2023:4 % Net sales 4,558 4,813 -5 4,384 4 EBITDA 1,596 2,055 -22 1,635 -2 EBITDA margin, % 35.0 42.7 37.3