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
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- 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)