Billerud korsnäs Full-Year Report 2023

  • Weak volumes in North America and negative price and mix impact in both regions
  • Sequentially lower input costs, mainly related to pulpwood in Europe
  • Another strong delivery of our efficiency enhancement program
  • Excellent cash delivery through working capital focus
  • Negative profit impact from revaluation of biological assets in the associated company BSO
  • The Board of Directors proposes a dividend of SEK 2.00 per share (7.50)

Highlights

    • Net sales decreased by 20% to SEK 9,566 million (11,971)
    • Adjusted EBITDA* SEK 774 million (2,092)
    • Adjusted EBITDA margin 8% (17)
    • Operating loss SEK 191 million (profit: 1,353) including items affecting comparability of SEK -244 million (-52)
    • Net loss SEK 330 million (profit: 940)
    • Earnings per share SEK -1.33 (3.79)

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