by Koena Matlou | Jul 31, 2024 | Forestry and Paper
by Koena Matlou | Jul 23, 2024 | Forestry and Paper
Profitability improved significantly YoY; however sequential profitability came under pressure due to heavy maintenance and strikes in Finland: Sales softened by -4% QoQ (flat YoY). Meanwhile, EBITDA slumped -27% QoQ (+41% YoY) with an EBITDA margin of +14.1%. Gearing...
by Koena Matlou | Jul 23, 2024 | Forestry and Paper
Strong second quarter performance with EBITDA improving by+35% YoY & +24% QoQ, while revenue softened by -1% QoQ: The EBITDA margin expanded to 31.3%, the highest margin since Q2 22A. Net debt increased by +36% YoY & +38% QoQ impacted by acquisition of Accrol...
by Koena Matlou | Jul 19, 2024 | Forestry and Paper
Key financial highlights from the quarter: Sales increased by +1% QoQ (+9% YoY), with group volumes up +11% YoY (-4% QoQ) and realised an average price increase of 5% QoQ (-1% YoY). Meanwhile, EBITDA improved by a staggering +22% QoQ (+30% YoY) with an EBITDA margin...
by Koena Matlou | Jul 19, 2024 | Forestry and Paper
Billerud returned to growth in the second quarter with improved profitability and solid cash generation: Sales growth of +8% YoY (+3% QoQ) was largely driven by volume and mix. EBITDA improved significantly YoY as positive pricing and mix effects more than offset...
by Koena Matlou | Jul 19, 2024 | Forestry and Paper
Pulp prices in China have remained stable, while prices in Europe softened slightly: In China, imported pulp business remained stuck at a standstill during the recent week, where BSK resale and futures prices went lower amid a downturn. In the North American market,...
