INTERIM REPORT JANUARY-MARCH 2013 2013-04-23 Per Lindberg, CEO and - - PowerPoint PPT Presentation

INTERIM REPORT JANUARY-MARCH 2013

2013-04-23 Per Lindberg, CEO and President, and Susanne Lithander, CFO

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INTEGRATION PROGRESSING BETTER THAN PLANNED

2

SYNERGIES AND SAVINGS ABOVE PLAN

ANOTHER MSEK 200 IDENTIFIED UNTIL END OF 2015

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100 200 300 400 500 600 2013 2014 2015

Achieved synergies, MSEK

KEY FINANCIALS

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Q1 2013

• vs. Q4 2012

Net sales, SEKm 5 132 +12%* Adjusted operating profit, SEKm 432 +108%* Return on capital employed, % 7%

• 1 p.p.

Operating cash flow, SEKm 309 n.m. Net debt/equity, multiple 0.80

• 0.06

*Compared to combined figures for Q4 2012.

STRONG SEK CHALLENGING

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90 95 100 105 110 115 120

2004 Q4 - 05 Q4 - 06 Q4 - 07 Q4 - 08 Q4 - 09 Q4 - 10 Q4 - 11 Q4- 12

TCW index*

Source: Riksbanken *Total Competitiveness Weights Index

BUSINESS AREA PACKAGING PAPER

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Market situation slightly slower than normal for the season Net sales MSEK 1 855 Operating profit MSEK 118 Operating margin 6% Key take-away

Stable pricing Q1 (local currency) Additional competing capacity 2014

BUSINESS AREA CONSUMER BOARD

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Stable and satisfactory market situation Net sales MSEK 1 805 Operating profit MSEK 158, Adjusted operating profit MSEK 206 Operating margin 9%, Adjusted operating margin 11% Key take-away

Stable demand and continued global growth

BUSINESS AREA CONTAINERBOARD

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Strong market situation Net sales MSEK 797 Operating profit MSEK 65 Operating margin 8% Key take-away

Price increases announced from mid April

OUTLOOK

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Additional synergies – new target of MSEK ~530 by end of 2015 Non-recurring costs – MSEK ~200 Order situation – expected to seasonally improve in Q2 2013 Price increase announcement to be implemented Wood price – -4% for 2013 vs. Q4 2012

Q&A

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