Stora Enso Biomaterials growth based on customer focus and innovation
|
|
- Merry Terry
- 6 years ago
- Views:
Transcription
1 Stora Enso Biomaterials growth based on customer focus and innovation Juan Bueno, EVP, Biomaterials 8 March 2012
2 It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by believes, expects, anticipates, foresees, or similar expressions, are forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of Since these statements are based on current plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Such factors include, but are not limited to: (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies therein, continued success of product development, acceptance of new products or services by the Group s targeted customers, success of the existing and future collaboration arrangements, changes in business strategy or development plans or targets, changes in the degree of protection created by the Group s patents and other intellectual property rights, the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the Group s products and the pricing pressures thereto, price fluctuations in raw materials, financial condition of the customers and the competitors of the Group, the potential introduction of competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group s principal geographic markets or fluctuations in exchange and interest rates. Stora Enso presentation 8 March
3 Stora Enso s business What we do Publication paper Fine paper Packaging Wood products Sales, EUR million Operational EBIT, EUR 145 million Stora Enso presentation 8 March
4 Full year 2011 operational EBIT improved by 9% Operational EBIT EUR 867 million Operational ROCE 10.0% Strong cash flow EUR million Dividend increased to EUR 0.3 Full year 2011 Stora Enso presentation 8 March
5 EUR million EUR million Solid year and satisfactory quarter Operational EBIT* Operational EBIT margin % Operational EBIT* Operational EBIT margin %, 4 Q avg 900 8,0 % ,0 % 850 7,9 % 7,8 % ,0 % 8,0 % 7,0 % 150 6,0 % 800 7,7 % 100 5,0 % 7,6 % 50 4,0 % 3,0 % ,5 % 0 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2 11Q3 11Q4 2,0 % Operational EBIT comprises the operating profit excluding NRI and fair valuations of the segments and Stora Enso s share of the operating profit excluding NRI and fair valuations of its equity accounted investments (EAI). Fair valuations include equity incentive schemes, synthetic options net of realised and open hedges, CO 2 emission rights and valuations of biological assets related to forest assets in EAI. Stora Enso presentation 8 March
6 Fixed Cost/Sales Flexibility improvements continue Fixed cost/sales 0,30 0,28 0,26 0,24 FY2007 FY2008 FY2009 FY2010 FY2011 Stora Enso presentation 8 March
7 Sales/employee Productivity continued to increase 55% per person since Continuing operations Stora Enso presentation 8 March
8 Reducing costs and improving productivity Plan to increase competitiveness in Coated Magazine Restructuring at Corbehem, Veitsiluoto and Kabel Mills Cost efficiency and productivity improvements Reduction of costs by EUR 48 million /a Full impact Q onwards Q1 cash provision about EUR 5 million Q1 fixed asset write-down about EUR 1 million Investments EUR 18 million to quality, productivity and energy savings Planned employee reduction 110 people Swedish maintenance streamlining plan To increase further efficiency and flexibility by restructuring and changing processes Impacting Renewable Packaging and Printing and Reading Reduction of costs by EUR 21 million /a Starting gradually from late 2012 onwards Cash provisions for Q1 Renewable packaging EUR 6 million Printing and reading EUR 4 million Planned employee reduction 130 people Actions completed by end 2012 Stora Enso presentation 8 March
9 Summary financials Q and Full year 2011 EUR million IV/ IV/ Change% IV11/IV10 Change% 2011/2010 Sales % 6.5 % Operational EBITDA % 7.5 % Operational EBIT % 8.7 % Profit before tax. excl. NRI % -9.4 % Profit before tax % % EPS excl. NRI (EUR) % % Operational ROCE % 3.1 % Cash flow from operations % 4.3 % Cash flow after investing activities % 5.6 % Debt/equity % 20.5 % NRI = Non-recurring items. These are exceptional transactions that are not related to normal business operations. The most common nonrecurring items are capital gains, additional write-downs or reversals of write-downs, provisions for planned restructuring and penalties. Nonrecurring items are normally specified individually if they exceed one cent per share. Stora Enso presentation 8 March
10 EUR Increased dividend Dividend proposal increased to EUR 0.30 EPS excluding NRI EUR ,00 0,80 EPS, excl NRI (EUR) Dividend and distribution (EUR) 0,60 0,40 0,20 0, Stora Enso presentation 8 March
11 Stora Enso s direction Growth markets Proof points: Inpac acquisition Growth markets Ostroleka containerboard investment Investment to Montes del Plata Plantation-based pulp Plantation-based pulp Investment to Montes del Plata pulp mill Proof point: Investment to Montes del Plata Fibre-based packaging Fibre-based packaging Maintain and develop global leadership position Proof points: Inpac acquisition Selected paper grades Ostroleka containerboard investmentselected paper grades Stora Enso presentation 8 March 8 March
12 EUR million Over 80% of investments to high-return growth EUR million Dividend Investments to other Investments to high-return growth 0 Cash flow generated by operations Cash outflow Net financial items and net income tax paid Stora Enso presentation 8 March
13 Guidance Q sales and operational EBIT approximately in line with Q Combined improvement of Business Area results offset by lower results in forest companies (EAI) Stora Enso presentation 8 March
14 Recap Strong operational cash flow Full year improved Increased dividend Strategic investments proceeding Q4 showed rethink must continue Stora Enso presentation 8 March
15 Why Biomaterials? Because we believe there is more to plantations than pulp, and that we are responsible for the development of technologies that contribute for a sustainable way of life. Stora Enso presentation 28 8 March February
16 Why Now? Because the world is increasingly demanding to new solutions to raw materials that preserve our natural resources...to do more consuming less. Stora Enso presentation 28 8 March February
17 How will it work? Our immediate revenue streams will come from Plantation based pulp. Our focus will be on serving the growing demand of pulp globally, where key segments offer attractive growth opportunities Tissue Hygiene Board We will strengthen our presence in the key growth regions of the world. We will invest in R&D and Innovation resources and will seek the appropriate partnerships in order to develop new technologies with a clear focus on our customers needs. Stora Enso presentation 8 March
18 What assets are included in Biomaterials? Nordic stand-alone pulp mills: Skutskär in Sweden (540 k tons long fibre, short fibre and fluff) Enocell in Finland (480 k tons long fibre, short fibre and dissolving) Sunila in Finland (370 k ton long fibre) The JV pulp mills with their plantations : Veracel in Brazil (1.1 M tons short fibre) Montes del Plata in Uruguay (1.3 M tons short fibre; under construction) Stora Enso presentation 8 March
19 What assets are included in Biomaterials? Plantations in Brazil, Uruguay, Laos and Thailand Market pulp sales from other integrated Stora Enso mills Pulp Competence Centre Stora Enso presentation 8 March
20 Our next source of growth Montes del Plata Annual production capacity of 1.3 M tonnes Stora Enso s share 650 k tons Estimated investment EUR 1.4 billion Stora Enso s share of equity EUR 280 million Operational in the Spring of 2013 Gained 7 years and doubled value Eucalyptus pulpwood sourced mainly from own FSC certified plantations 253,500 Hectares and over 122,700 planted Stora Enso presentation 8 March
21 Innovation as a future Revenue Stream Converting Pulp Mills into Bio-refineries By-Products: Tall Oil, Turpentine, Methanol Refining By-Products into functional chemicals Apply ligning separation to produce raw materials for ligning based products such as Polyurethane foam and carbon fibers Develop pulp mill into production unit for Micro Fibrillated Cellulose products Stora Enso presentation 8 March
22 Market Pulp Demand grew 4.8% in 2011 Source: PPPC Stora Enso presentation 8 March
23 Market Pulp Growing at 2.0% AAGR % AAGR % Source: PPPC Stora Enso presentation 8 March
24 Capacity expected to grow 1.7% on average Source: PPPC Stora Enso presentation 8 March
25 Market Pulp Inventories by Grade Stora Enso presentation 8 March
26 Consumer stocks Source: PPPC Stora Enso presentation 8 March
27 Recent Price Developments - PIX Stora Enso presentation 8 March
28 Market Pulp Demand by End Use Stora Enso presentation 8 March
29 Long Term sources of Growth for Hardwood pulp NM&FP (20%) Packaging (27%) Tissue (53%) GDP is growing 4.1%, but BHKP only 2.7% due to digital subst. +2 integrated pulp mills ~1MT each China gaining share of wood trade, away from Japan -3.5 net impact of closed mills 13.4 ~7.5% p.a. BHKP share increase from 43% to 60% ~2.7% p.a. BHKP share increase from 27% to 30% ~2.6% p.a. -3% p.a. decline: -5% p.a. decline in all fiber, combined with BHKP increasing share from 25% to 34% (from BSKP) Stora Enso presentation +12.6Mt Assumes 2010 pulp mill utilization rate of 91.5% (Hawkins-Wright July 2011 Outlook) Source: Paper and board demand (Bain paper demand model, phased digital life scenario); Furnish (Poyry World fiber Outlook 2025); Mill closures (Stora Enso mill risk PPT, from Poyry); New integrated capacity (Poyry mill database); Furnish (Poyry World fiber outlook 2009) 8 March
30 World Chemical Pulp Balance Source: PPPC Stora Enso presentation 8 March
31 What can we offer to our customers Extensive product portfolio covering various fibre needs of the customers: NBSK (long-fibre) BHK (short-fibre; birch and euca) Fluff pulp Dissolving pulp Technical expertise and support via our Pulp Competence Centre Highest sustainability standards Stora Enso presentation 8 March
32 Recap on Biomaterials Enables focus on growth capture Expanding Geographic presence Entering new markets Innovating through R&D Developing applications for pulp Pulp is a product for the future sustainable and versatile Wide product portfolio offering with technical expertise Biomaterials Business Area increases transparency Stora Enso presentation 8 March
33 Stora Enso presentation 8 March
Cash and Growth Engines - transforming Stora Enso. CEO Jouko Karvinen
Cash and Growth Engines - transforming Stora Enso CEO Jouko Karvinen 24 May 2012 It should be noted that certain statements herein which are not historical facts. including. without limitation those regarding
More informationGrowth Engine. Juan Bueno, EVP, Biomaterials
Growth Engine Juan Bueno, EVP, Biomaterials Biomaterials 2 Why? 3 Population Growth Growing Environmental Pressures Doing more with less 4 Sustainability 5 Pulp market outlook 6 Global Market Pulp demand
More informationStora Enso s transformation to renewable materials company. Acting CFO Jyrki Tammivuori
Stora Enso s transformation to renewable materials company Acting CFO Jyrki Tammivuori 09 September 2013 It should be noted that certain statements herein which are not historical facts, including, without
More informationStora Enso s strategy and market environment. Nordea Forest Products & Paper Seminar, 28 May 2014 CFO Seppo Parvi Stora Enso
s strategy and market environment Nordea Forest Products & Paper Seminar, 28 May 2014 CFO Seppo Parvi It should be noted that certain statements herein which are not historical facts, including, without
More informationStora Enso transformation. CFO Karl-Henrik Sundström
Stora Enso transformation CFO Karl-Henrik Sundström 7 May 2013 It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations
More informationFinancial results Q April 2011
Financial results Q1 2011 20 April 2011 It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations for market growth and
More informationStora Enso Profitable growth
Stora Enso Profitable growth SVP, Investor Relations Ulla Paajanen-Sainio 9 March 2016 Disclaimer It should be noted that certain statements herein which are not historical facts, including, without limitation
More informationStora Enso strategy and market environment. CEO Karl-Henrik Sundström
strategy and market environment CEO Karl-Henrik Sundström Finnish Large Cap Summit 214 2 November 214 It should be noted that certain statements herein which are not historical facts, including, without
More informationStora Enso strategy and Q3 results. SVP, Head of Investor Relations, Ulla Paajanen-Sainio
strategy and Q3 results SVP, Head of Investor Relations, Ulla Paajanen-Sainio It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding
More informationFinancial Results Q CEO Jouko Karvinen and CFO Markus Rauramo
Financial Results Q1 2012 CEO Jouko Karvinen and CFO Markus Rauramo 24 April 2012 It should be noted that certain statements herein which are not historical facts. including. without limitation those regarding
More informationFinancial Results Q CEO Karl-Henrik Sundström and CFO Seppo Parvi
Financial Results Q3 2014 CEO Karl-Henrik Sundström and CFO Seppo Parvi 22 October 2014 It should be noted that certain statements herein which are not historical facts, including, without limitation those
More informationFinancial Results Q CEO Jouko Karvinen and EVP Karl-Henrik Sundström
Financial Results Q2 2013 CEO Jouko Karvinen and EVP Karl-Henrik Sundström 19 July 2013 It should be noted that certain statements herein which are not historical facts, including, without limitation those
More informationFinancial results for Q4 and full year 2016
Financial results for Q4 and full year 2016 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain
More informationAccelerating our renewable future. CFO Seppo Parvi 29 November 2017
Accelerating our renewable future CFO Seppo Parvi Disclaimer It should be noted that and its business are exposed to various risks and uncertainties and certain statements herein which are not historical
More informationStora Enso expands business in Pakistan
Stora Enso expands business in Pakistan Mats Nordlander, Executive Vice President Renewable Packaging September 18 2012 1 Stora Enso portfolio FY 2011 Group Sales, EUR 10 964.9 million Operational EBIT,
More informationCreating value in the bioeconomy. CEO Karl-Henrik Sundström
Creating value in the bioeconomy CEO Karl-Henrik Sundström We are perfectly positioned to benefit from the megatrends Global warming Growing middle class Eco awareness Changing lifestyles Increasing demand
More informationFinancial Results for Q CEO Karl-Henrik Sundström and CFO Seppo Parvi
Financial Results for Q1 2015 CEO Karl-Henrik Sundström and CFO Seppo Parvi 22 April 2015 It should be noted that certain statements herein which are not historical facts, including, without limitation
More informationFinancial Results for Q4 and Full Year CEO Karl-Henrik Sundström and CFO Seppo Parvi
Financial Results for Q4 and Full Year 2014 CEO Karl-Henrik Sundström and CFO Seppo Parvi 4 February 2015 It should be noted that certain statements herein which are not historical facts, including, without
More informationSustainable profitable growth continues despite temporary headwinds Financial results for Q2 2018
Sustainable profitable growth continues despite temporary headwinds Financial results for Q2 2018 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business
More informationFinancial results for Q4 and full year 2017
Financial results for Q4 and full year 2017 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain
More informationNavigating through the storm
Navigating through the storm Jouko Karvinen, CEO 27 May 2009 It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations
More informationFinancial results for Q3 2016
Financial results for Q3 2016 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain statements
More informationNavigating through the storm
Navigating through the storm Markus Rauramo, CFO 4 June 2009 It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations
More informationStock Exchange Release
Stock Exchange Release 22 October 2013 at 13.00 EET STORA ENSO OYJ INTERIM REVIEW 22 October 2013 at 13.00 EET Stora Enso Interim Review January September 2013 Firm operational EBIT, solid cash flow Q3/2013
More informationTransformation driving sales growth
Transformation driving sales growth Martin Ros SVP, Group Treasurer Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain statements
More informationStora Enso Half year financial report Q2. 1 January 30 June 2016
Stora Enso Half year financial report Q2 1 January 30 June 2016 Results summary Accelerated transformation High activity during the quarter Q2/2016 (compared with Q2/2015) Sales EUR 2 526 (EUR 2 562) million
More informationPromising start of the year Financial results for Q CEO Karl-Henrik Sundström CFO Seppo Parvi. 27 April 2018
Promising start of the year Financial results for Q1 2018 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties
More informationFinancial results for Q1 2017
Financial results for Q1 2017 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain statements
More informationFinancial results for Q3 2017
Financial results for Q3 2017 CEO Karl-Henrik Sundström CFO Seppo Parvi Disclaimer It should be noted that Stora Enso and its business are exposed to various risks and uncertainties and certain statements
More informationStora Enso Interim Report Q3. 1 January 30 September 2016
Stora Enso Interim Report Q3 1 January 30 September 2016 Results summary Another quarter of solid performance Q3/2016 (compared with Q3/2015) Sales EUR 2 393 (EUR 2 500) million decreased 4.3%. Sales excluding
More informationStora Enso Q4 and full year results
Stora Enso Q4 and full year results 1 January 31 December 2015 Solid performance continues; proposal to increase dividend to 0.33 euros per share Results summary Q4/2015 (compared with Q4/2014) Sales EUR
More informationCEO s report. Karl-Henrik Sundström
CEO s report Karl-Henrik Sundström Congratulations Finland 100 years! 10 The renewable materials growth company Everything that s made with fossil-based materials today can be made from a tree tomorrow.
More informationUPM Q4 RESULTS Jussi Pesonen President and CEO 31 January 2013
UPM Q4 RESULTS 212 Jussi Pesonen President and CEO 31 January 213 Q4 212 highlights Stable financial performance compared with Q3 212 and Q4 211 Operating cash flow continued strong at EUR 352m in Q4 212
More informationTransformation driving sales growth
Transformation driving sales growth CEO Karl-Henrik Sundström Disclaimer It should be noted that and its business are exposed to various risks and uncertainties and certain statements herein which are
More informationSustainable profitable growth continues. CFO Seppo Parvi SVP, Investor Relations Ulla Paajanen-Sainio 8 August 2018
Sustainable profitable growth continues CFO Seppo Parvi SVP, Investor Relations Ulla Paajanen-Sainio Disclaimer It should be noted that and its business are exposed to various risks and uncertainties and
More informationKarl-Henrik Sundström, CEO
Karl-Henrik Sundström, CEO Have you ever thought about what a tree can do? STEFORSSLO Stora Enso celebrating 100 years on the Helsinki Stock Exchange Full year 2016 results EUR Million 2016 2015 Change
More informationStora Enso Interim Review January March 2015 Solid quarter supported by foreign exchange tailwinds
Stora Enso Interim Review January March 2015 Solid quarter supported by foreign exchange tailwinds Q1/2015 ( Q1/2014) Sales at EUR 2 491 (EUR 2 568) million declined by 3.0%; sales excluding the structurally
More informationKarl-Henrik Sundström, CEO
Karl-Henrik Sundström, CEO Our progress Full year 2014 results EUR million FY 2014 FY 2013 Change Sales 10 213 10 563-3.3% Operational EBIT 810 578 40.1% Operational ROCE 9.5% 6.5% Cash flow from operations
More informationStock Exchange Release
Stock Exchange Release 20 July 2012 at 13.00 EET STORA ENSO OYJ INTERIM REVIEW 20 July 2012 at 13.00 EET Stora Enso Interim Review January June 2012 Quarterly performance as anticipated, European paper
More informationANNUAL GENERAL MEETING President and CEO Jussi Pesonen
ANNUAL GENERAL MEETING 2014 President and CEO Jussi Pesonen Contents Year 2013 in transformation strategy Sustainable competitiveness Summary 2 3 YEAR 2013 Profitability over two economic slowdowns Europe
More informationStora Enso Interim Review January September 2015 Solid performance supported by currencies
STORA ENSO OYJ INTERIM REVIEW 23 October 2015 at 13.00 EET Stora Enso Interim Review January September 2015 Solid performance supported by currencies Q3/2015 ( Q3/2014) Sales EUR 2 500 (EUR 2 514) million
More information4 th Quarter 2014 Financial Results Celulosa Arauco y Constitución S.A.
Conference Call Presentation 4 th Quarter 2014 Financial Results Celulosa Arauco y Constitución S.A. Gianfranco Truffello, C.F.O. Santiago, March 13 th, 2015 Disclaimer Forward-looking statements are based
More informationStora Enso Interim Report. January March 2017
Stora Enso Interim Report January March 207 Q Results summary Transformation driving sales growth Q/207 (compared with Q/206) Sales EUR 2 497 (EUR 2 445) million increased 2.%. Sales excluding the paper
More informationUPM Financial Review Jussi Pesonen President and CEO 2 February 2011
UPM Financial Review 2 Jussi Pesonen President and CEO 2 February 211 2 in brief Solid top-line recovery in all businesses 2 UPM - 2 sales grew by 16%, driven by volumes - sales grew by 12%, driven by
More informationStora Enso Half year financial report. January June 2018 Q2
Stora Enso Half year financial report January June 208 Q2 Results summary Sustainable profitable growth continues despite temporary headwinds Q2/208 (compared with Q2/207) Sales increased 5.4% to EUR 2
More informationDriving performance in the bioeconomy. CFO Seppo Parvi
Driving performance in the bioeconomy CFO Seppo Parvi Driving performance Digitalise and automate to drive efficiency and cost savings Make selective investments meeting strategic criteria Ensure sustainable,
More informationStora Enso Interim Review January June 2015 Transformation continues with strong cash flow, despite some operational challenges
STORA ENSO OYJ INTERIM REVIEW 21 July 2015 at 13.00 EET Stora Enso Interim Review January June 2015 Transformation continues with strong cash flow, despite some operational challenges Q2/2015 ( Q2/2014)
More informationEnce Energía y Celulosa 9M15 Results. November 12 th, 2015
Ence Energía y Celulosa 9M15 Results November 12 th, 2015 Ence 3Q15: Main Highlights 1 2 3 4 9M15 Adjusted EBITDA of 141 M, 56 M in the quarter. On track to achieve 200 M Adjusted EBITDA target - Unleveraged
More informationUPM-Kymmene. Interim Review
UPM-Kymmene Interim Review 1 6/2002 UPM-Kymmene Interim Review 1 January 30 June 2002 Second-quarter earnings per share, excluding capital gains/losses, were 0.49 (0.60 for the first quarter). Operating
More informationINTERIM REPORT 1 JANUARY 30 SEPTEMBER 2011
INTERIM REPORT 1 JANUARY 30 SEPTEMBER 2011 1 2 3 4 UPM INTERIM REPORT 1 JANUARY 30 SEPTEMBER 2011 Q3/2011 Earnings per share excluding special items were EUR 0.19 (0.28), and reported EUR 0.21 (0.34) EBITDA
More informationValmet unique offering with process technology, automation and services. SEB Nordic Seminar January 8, 2019
Valmet unique offering with process technology, automation and services SEB Nordic Seminar January 8, 2019 Agenda Valmet roadshow presentation 1 Valmet in brief 2 Investment highlights 3 Financials 4 Conclusion
More informationAhlstrom. The global source for fiber-based materials CFO Jari Mäntylä
1 Ahlstrom The global source for fiber-based materials CFO Jari Mäntylä 2 Table of contents I Ahlstrom in brief II Vision and strategy III Business environment and drivers IV Achieving profitable growth
More informationMay Corporate Presentation
May 2014 Corporate Presentation Disclaimer The information contained in this presentation may include statements which constitute forward-looking statements, within the meaning of Section 27A of the U.S.
More informationUPM-KYMMENE INTERIM REVIEW 1 JANUARY 31 MARCH 2001
U P M - K y m m e n e I N T E R I M R E V I E W 1 3 / 2 0 0 1 UPM-KYMMENE INTERIM REVIEW 1 JANUARY 31 MARCH 2001 Profit before extraordinary items and capital gains EUR 351 million (331 million for 1 3/2000).
More informationStrong market with higher prices Sales growth of 11% vs Q EBITDA up 47% vs Q Östrand project progressing according to plan
April 26, 2018 Strong market with higher prices Sales growth of 11% vs 2017 Price/mix +13%, volumes -3%, currency 1% EBITDA up 47% vs 2017 Higher prices Positive currency effects Harsh winter conditions
More informationFinancial Insights. Finnish and Swedish Forest Industry Q Tieto Forest Industry Consulting
Financial Insights Finnish and Swedish Forest Industry Q3 Tieto Forest Industry Consulting www.tieto.com Executive summary In the manufacturing and forest sector, there is a strong digitalization trend
More informationAccelerating our renewable future. Stora Enso CMD London 2017
Accelerating our renewable future Stora Enso CMD London 2017 Our road to success in the bioeconomy Introducing Addressing Delivering Generating xxxx xxxx new products xxxx superior xxxx and services ROCE
More informationUPM-KYMMENE INTERIM REVIEW 1 JANUARY 30 JUNE 2001
UPM-KYMMENE INTERIM REVIEW 1 JANUARY 30 JUNE 2001 Earnings per share, excluding net capital gains, improved to EUR 1.91 (1 6/2000: 1.80). Profit before extraordinary items and net capital gains was EUR
More informationWelcome to the Annual General Meeting
Welcome to the Annual General Meeting Headphones Kielikanavat Choose your language / Valitse kielikanava English Svenska Suomi No photography or video or audio recording Welcome! Jorma Eloranta, Chairman
More informationNorske Skog DnB NOR Markets Industry Summit 2007
Norske Skog DnB NOR Markets Industry Summit 2007 Oslo, 30 November 2007 Christian Rynning-Tønnesen, CEO The world of Norske Skog Follum Skogn Saugbrugs Parenco Golbey Walsum Steti Bruck Hebei Chongwon
More informationFacts & Figures. Stora Enso 2012
Facts & Figures Stora Enso 2012 2 Key figures 3 Stora Enso in brief 4 Business Areas 6 Map 8 Board of Directors and Group Executive Team 10 Extract of the Consolidated Financial Statements 14 Auditor s
More informationCorporate Presentation. June 2018
Corporate Presentation June 2018 Forward-looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject to risks
More informationMetsä Board. Q4 and FY 2016 Results
Metsä Board Q4 and FY 216 Results Q4 216 in summary Sales declined moderately, and comparable EBIT remained roughly at the same level as in Q3 216 Delivery volumes in paperboard and market pulp declined
More informationMetsä Board. Final Steps of Transformation to a Paperboard Company. Mika Joukio, CEO 10 December Metsä Board
Metsä Board Final Steps of Transformation to a Paperboard Company Mika Joukio, CEO 10 December 2014 Metsä Board Metsä Board Grows Its Paperboard Business, Plans to Fully Exit Paper Production and Considers
More informationInformação financeira 2012
Informação financeira 2012 ALTRI, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number 507 172 086 Share Capital: 25,641,459 Euro Financial information - FY17
More informationRISI International Containerboard Conference 2018
RISI International Containerboard Conference 2018 The European Containerboard Market Florian Stockert November 2018 The image part with relationship ID rid10 was not found in the file. The image part with
More informationPWC 20 th Annual Forest and Paper Industry Conference
PWC 20 th Annual Forest and Paper Industry Conference José Luciano Penido, CEO May, 2007 1 Shareholder Structure % of Total Capital Stock (1) Pro forma Votorantim Group 52% of total 100% of ON Free Float
More informationINTERIM REPORT 1 JANUARY 30 JUNE
INTERIM REPORT 1 JANUARY 30 JUNE 2011 1 2 3 4 UPM INTERIM REPORT 1 JANUARY 30 JUNE 2011 Q2/2011 Earnings per share were EUR 0.56 (0.33), excluding special items EUR 0.26 (0.29) EBITDA was EUR 372 million,
More informationDecember Corporate Presentation
December 2014 Corporate Presentation Disclaimer The information contained in this presentation may include statements which constitute forward-looking statements, within the meaning of Section 27A of the
More informationUPM-Kymmene Corporation Financial Review January 2004
UPM-Kymmene Corporation Financial Review 23 29 January 24 Key figures 23 23 22 Change Turnover, million EUR 9 948 1 475-527 Operating profit, excl. non-recurring items EUR million - % of turnover 655 6.6
More informationCorporate Presentation. April 2017
Corporate Presentation April 2017 Forward-looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject to
More informationInformação financeira 2012
Informação financeira 2012 ALTRI, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number: 507 172 086 Share Capital: 25,641,459 Euro Financial information Second
More informationCorporate Presentation. November 2018
Corporate Presentation November 2018 Forward-Looking Statements This presentation may contain forward-looking statements that should be considered as good faith estimates. Such statements are subject to
More informationEconomics of the Pulp and Paper Industry
Papermaking Science and Technology a book series covering the latest technology and future trends Book 1 Economics of the Pulp and Paper Industry Second Edition Totally updated version Book editor Magnus
More informationInterim Review Q2. Stora Enso in brief
SE-107 24 Stockholm, Sweden Stora Enso International Office FI-00101 Helsinki, Finland Visiting address: World Trade Center, 9 South Street Visiting address: Kanavaranta 1 Klarabergsviadukten 70 London
More informationStepChange Consulting Selected Financial Benchmarking
StepChange Consulting Selected Financial Benchmarking October 2016 Agenda Graphic Paper peer group Packaging peer group Tissue peer group Pulp peer group Flexible Packaging peer group 2 2016 - Financial
More informationMetsä Board. Interim report 1 3/2017 Presentation material
Metsä Board Interim report 1 3/217 Presentation material Q1 217 in summary Good demand for high-quality paperboards continued Stable or rising market price levels Metsä Board s paperboard and market pulp
More informationEBITDA margin Earnings per share SEK Operating cash flow ,751 2,273
Q4 218 FULL YEAR 218 (217) Net sales increased 13% to SEK 18,755m (16,664). Sales grew in all segments. EBITDA increased 44% to SEK 5,252m (3,648). The improvement in EBITDA was mainly related to higher
More informationInvestor Presentation
Investor Presentation November 2006 PAGE 1 Disclosure of Risk Factors Certain statements in this presentation constitute "forward-looking statements" which involve known and unknown risks, uncertainties
More informationUPM-Kymmene. Interim Review
UPM-Kymmene Interim Review 1 9/2002 UPM-Kymmene Interim Review 1 January - 30 September 2002 Third-quarter earnings per share were 0.72 (0.51 for the second quarter), and excluding capital gains/losses
More informationCorporate Presentation. October 2018
Corporate Presentation October 2018 Forward-Looking Statements This presentation may contain forward-looking statements that should be considered as good faith estimates. Such statements are subject to
More informationCorporate Presentation. September 2018
Corporate Presentation September 2018 Forward-Looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject
More informationQ2 Presentation July, 2011
Q2 Presentation 2011 15 July, 2011 Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your information
More informationCorporate Presentation. March 2018
Corporate Presentation March 2018 Forward-looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject to
More informationMONDI GROUP Deutsche Bank 9 th European Paper Seminar. 8 November 2011 London
MONDI GROUP Deutsche Bank 9 th European Paper Seminar 8 November 2011 London Mondi s strategic positioning Current trading update Medium term sector fundamentals Cash flow prioritisation Appendices Mondi
More informationThe Navigator Company Q2 /H Results Presentation
The Navigator Company Q2 /H1 Results Presentation July 25 th Participation Executive Directors: Diogo da Silveira António Redondo Fernando Araújo Nuno Santos João Paulo Oliveira IR -Joana Appleton 1 Q2/H1
More informationThe Navigator Company Q4/FY 2017 Results Presentation
The Navigator Company Q4/FY Results Presentation February 8 th 2018 Participation Diogo da Silveira CEO Fernando Araújo CFO António Redondo CCO Nuno Santos João Paulo Oliveira Joana Appleton IR 1 Q4/FY
More informationJANUARY 1 SEPTEMBER 30, 2018 (compared with the year-earlier period)
Q3 218 JANUARY 1 SEPTEMBER 3, 218 (compared with the year-earlier period) Net sales increased 11% to SEK 13,829m (12,422). The growth was primarily attributable to Paper and Wood. EBITDA increased 46%
More informationEnce Energía y Celulosa 1Q15 Results. April 30 th, 2015
Ence Energía y Celulosa 1Q15 Results April 30 th, 2015 Implementing EBITDA ramp up, focusing on cash cost reduction and delivering our planned targets within the current positive environment 1Q14 Recurrent
More informationResultados trimestrales 1T13. Quarterly Report 2nd Quarter 2014
Resultados trimestrales 1T13 Quarterly Report 2nd Quarter 2014 30 June 2014 CONTENTS 1. EXECUTIVE SUMMARY 1H14... 3 2. PULP BUSINESS... 5 3. ENERGY ACTIVITY... 7 4. FORESTRY ACTIVITY... 9 5. COMMENT ON
More information140k. 90k DIVERSIFICATION AND FLEXIBILITY. TOTAL FIBERS 3.5 million tpy. TOTAL LAND 490k hectares. TOTAL CAPACITY 3.5 million tpy. 1.
PRESENTATION 2Q18 1 DIVERSIFICATION AND FLEXIBILITY TOTAL LAND 490k hectares TOTAL FIBERS 3.5 million tpy BLEACHED PULP 1.5 mi tpy TOTAL CAPACITY 3.5 million tpy MARKET PULP 1.5 mi tpy Long fiber / Fluff
More informationMetsäliitto Group s operating profit excluding non-recurring items EUR 178 million in the first half of the year
1/16 Metsäliitto Group Interim Report January June Metsäliitto Group s operating profit excluding non-recurring items EUR 178 million in the first half of the year Result for the first six months of Sales
More informationCorporate Presentation June, 2011
Corporate Presentation June, 2011 1 1 1 Disclaimer The information contained in this presentation may include statements which constitute forward-looking statements, within the meaning of Section 27A of
More informationINVESTOR PRESENTATION Q Lennart Eberleh
INVESTOR PRESENTATION Q4 2017 Lennart Eberleh 1 CONTENTS Rottneros in brief: Sustainable growth in selected niches The market Q4 and full year 2017 The way forward 2 SUSTAINABLE GROWTH IN SELECTED NICHES
More informationQUARTERLY REPORT Q1 2010
QUARTERLY REPORT Q1 2010 www.ence.es Growing the forest and growing with the forest 1 BUSINESS GROWTH AND MARKET OUTLOOK The growth for the quarter can be summarised with the following main figures: Healthy
More informationQ1 Presentation April, 2011
Q1 Presentation 2011 28 April, 2011 Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your information
More informationUPM FINANCIAL STATEMENTS RELEASE 2011
UPM FINANCIAL STATEMENTS RELEASE 2011 1 2 3 4 UPM FINANCIAL STATEMENTS RELEASE 2011 Q4/2011 Earnings per share excluding special items were EUR 0.16 (0.27), and reported EUR 0.20 (0.28) EBITDA was EUR
More informationThe Navigator Company Q4/FY2017 Results Presentation
The Navigator Company Q4/FY Results Presentation February 8 th 2018 Participation Diogo da Silveira CEO Fernando Araújo CFO António Redondo CCO Nuno Santos João Paulo Oliveira Joana Appleton IR 1 Q4/FY
More informationCarnegie Pulp & Paper Seminar March 2016 Susanne Lithander, CFO
WE PACKAGING FOR A Carnegie Pulp & Paper Seminar March 2016 Susanne Lithander, CFO PURE PLAY PACKAGING MATERIALS COMPANY High performance packaging materials Target customer segments requiring strong,
More informationThird Quarter 2017 Earnings Results
Third Quarter 2017 Earnings Results Forward-looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject to
More information