http://www.sca.com/Q32011en SCA’s interim report for the period 1 January – 30 September 2011 has been published. Operating profit , excl. restructuring costs, decreased by 5% (decreased by 1% excl. exchange rate effects) to SEK 6,697m. Net sales decreased by 1% (increased by 6% excl. exchange rate effects and divestments) to SEK 79 001m. Earnings per share rose 2% (7% excl. exchange rate effects) to SEK 5.66.
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SCA’s profit before tax, excluding restructuring costs, rose 9% (12% excluding exchange rate effects) to SEK 6,218m (5,724). Net sales decreased by 2% (excluding exchange rate effects, increased by 4%) to SEK 81,578m (83,350). Profit for the period, excluding restructuring costs, rose 10% to SEK 4,601m (4,179).
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Net sales increased by 1% (4% excl exchange rate effects and divestments) to SEK 19,490m (19,231). Operating profit excl items affecting comparability rose 4% (7% excl divestments) to SEK 1,834m (1,767). Earnings per share amounted to SEK 1.73 (1.89). Cash flow from current operations was SEK 1,301m (446).
Read more on http://www.sca.com/Q12012en
Operating profit, excluding items affecting comparability, decreased by 4% (unchanged excluding exchange rate effects) to SEK 9,224m (9,608). The Board of Directors proposes an increase in the dividend by 5%, to SEK 4.20 (4.00) per share. Net sales decreased by 1% (increased by 4% excluding exchange rate effects and divestments) to SEK 105,750m (106,965).
Read more on http://www.sca.com/Q42011en
Net sales rose 11% excl. exchange rate effects and divestments to SEK 85,408m (81,337). Operating profit increased to SEK 8,646m (7,738). Operating cash flow was SEK 9,644m (7,418). Earnings per share were SEK 7.06 (0.78). The Board of Directors proposes an increase in the dividend by 7.1%, to SEK 4.50 per share (4.20).
Net sales decreased by 3 percent to SEK 54,374m. Profit before tax rose 12% to SEK 3,944m. Restructuring costs amounted to SEK 451m. Profit for the period rose 10% to 2,860m. Earnings per share were SEK 3.57. Cash flow from current operations was SEK 2,816m.
http://www.sca.com
SCA’s profit before tax, excluding restructuring costs, rose 9% (12% excluding exchange rate effects) to SEK 6,218m (5,724). Net sales decreased by 2% (excluding exchange rate effects, increased by 4%) to SEK 81,578m (83,350). Profit for the period, excluding restructuring costs, rose 10% to SEK 4,601m (4,179).
http://www.sca.com
Net sales increased by 1% (4% excl exchange rate effects and divestments) to SEK 19,490m (19,231). Operating profit excl items affecting comparability rose 4% (7% excl divestments) to SEK 1,834m (1,767). Earnings per share amounted to SEK 1.73 (1.89). Cash flow from current operations was SEK 1,301m (446).
Read more on http://www.sca.com/Q12012en
Operating profit, excluding items affecting comparability, decreased by 4% (unchanged excluding exchange rate effects) to SEK 9,224m (9,608). The Board of Directors proposes an increase in the dividend by 5%, to SEK 4.20 (4.00) per share. Net sales decreased by 1% (increased by 4% excluding exchange rate effects and divestments) to SEK 105,750m (106,965).
Read more on http://www.sca.com/Q42011en
Net sales rose 11% excl. exchange rate effects and divestments to SEK 85,408m (81,337). Operating profit increased to SEK 8,646m (7,738). Operating cash flow was SEK 9,644m (7,418). Earnings per share were SEK 7.06 (0.78). The Board of Directors proposes an increase in the dividend by 7.1%, to SEK 4.50 per share (4.20).
Net sales decreased by 3 percent to SEK 54,374m. Profit before tax rose 12% to SEK 3,944m. Restructuring costs amounted to SEK 451m. Profit for the period rose 10% to 2,860m. Earnings per share were SEK 3.57. Cash flow from current operations was SEK 2,816m.
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You are welcome to read or download SCA's presentation at the ABG SC Consumer Goods Seminar in Stockholm, Sweden.
SCA was represented by Johan Karlsson, Vice President, Investor Relations.
http://www.sca.com/ir
SCA's presentation by Kersti Strandqvist, SVP Sustainability, at the Cheuvreux Climate Change 6 conference in Paris, May 6, 2011.
http://www.sca.com/sustainability
You are welcome to read or download SCA's presentation at the ABG SC Consumer Goods Seminar in Stockholm, Sweden.
SCA was represented by Johan Karlsson, Vice President, Investor Relations.
http://www.sca.com/ir
SCA's presentation by Kersti Strandqvist, SVP Sustainability, at the Cheuvreux Climate Change 6 conference in Paris, May 6, 2011.
http://www.sca.com/sustainability
Net sales rose 15% (6% excluding exchange rate effects) to SEK 27,958m (24,234). Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 6%. Operating profit, excluding items affecting comparability, rose 9% to SEK 2,872m (2,630).
The operating margin, excluding items affecting comparability, was 10.3% (10.9). Profit before tax, excluding items affecting comparability, rose 11% to SEK 2,602m (2,342). Items affecting comparability totaled SEK -122m (-247). Earnings per share were SEK 2.43 (2.12). Return on capital employed, excluding items affecting comparability, was 11.2% (11.0). Cash flow from current operations was SEK 1,246m (667).
http://www.sca.com/ir SCA CFO Lennart persson held a presentation at the TMC seminar on September 22, 2011.
He talked about hygiene products sales increase, strategic focus areas, brands, market positions, innovation, growth potential for hygiene products, emerging markets, sustainability as a business driver.
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Operating profit, excl. restruct. costs, decreased by 5% (increased by 1% excl. exchange rate effects) to SEK 4,262m. Net sales decreased by 2% (increased by 5% excl. exchange rate effects and divestments) to SEK 52,064m. Earnings per share rose 8% (13% excl. exchange rate effects) to SEK 3.85.
More info available on http://www.sca.com/ir
Presentation of Jan Johansson, CEO and President, SCA at the SCA Presentation at the Handelsbanken Materials and Energy Seminar in Stockholm, Sweden on March 03, 2011.
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http://www.sca.com/ir SCA has delivered a binding offer to acquire Georgia-Pacific´s European tissue operations, with sales in 2010 amounting to EUR 1.25bn (SEK 11.9bn). The offered price is EUR 1.32bn (SEK 12.6bn). Georgia-Pacific´s acceptance of this offer is subject to consultations with works councils where appropriate.
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SCA´s net sales for the first nine months rose 14% excluding exchange rate effects and divestments and amounted to SEK 66,577m. Operating profit rose 15% excluding items affecting comparability and exchange rate effects to SEK 6,885m (6,224).
Through continued focus on our strategic priorities profitable growth, innovation and efficiency, we delivered favorable organic sales and earnings growth for the first quarter of 2016.
This is SCAs presentation following the interim report for Q2 2015. The second quarter of 2015 showed continued good organic sales growth and a higher operating profit compared with the same period a year ago. This is despite a continued challenging business environment, with higher raw material costs mainly owing to the stronger U.S. dollar.
In 2014 SCA delivered its highest profit before tax ever and good organic sales growth. We increased our operating profit, excluding items affecting comparability, by SEK 1,468m. We achieved this thanks to the continued work with our strategic priorities – growth, innovation and efficiency.
We have presented a report for the second quarter of 2014 with continued sales growth, higher earnings and a higher margin compared with the same period a year ago. During the quarter, several innovations and product launches were carried out under the Libero, Libresse, TENA and Tork brands. The efficiency programs in the hygiene and forest products operations continue to deliver cost savings according to plan. Our Tissue and Forest Products business areas showed significant earnings growth. Personal Care was negatively impacted by higher raw material costs and negative exchange rate effects in emerging markets.
The SCA interim report was published on April 29 at approximately 8.00 CET. At the subsequent press conference CEO Jan Johansson held this presentation.
This is SCAs presentation of the Year-end Report 2013. The presentation was held by CEO Jan Johansson on January 29. SCA further strengthened its position in emerging markets in 2013. During the fourth quarter of 2013, the offer for the Chinese tissue company Vinda was completed, and SCA is today the majority owner of Vinda with 51.4% ownership in the company. SCA decided during the year to invest in local production of hygiene products in India and has launched Libero baby diapers and Tempo consumer tissue in the Indian market.
The efficiency programs in the hygiene and forest products operations are continuing according to plan.
Consolidated net sales for 2013, excluding exchange rate effects and divestments, rose 10% compared with a year ago. The increase is mainly attributable to acquisitions and higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 19%. Cost savings, higher volumes, the acquisition in Europe and gains on forest swaps contributed to the earnings improvement. Operating profit for Personal Care and Tissue, excluding items affecting comparability, exchange rate effects and divestments, rose 4% and 27%, respectively. Operating profit for Forest Products, excluding items affecting comparability, rose 35%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 25%.
Consolidated net sales for the fourth quarter of 2013, excluding exchange rate effects and divestments, rose 1% compared with the same period a year ago. The increase is mainly attributable to higher volumes. Operating profit, excluding items affecting comparability, exchange rate effects and divestments, rose 31%. Cost savings and gains on forest swaps contributed to the earnings improvement. The corresponding profit for Tissue rose 18%, while profit for Personal Care decreased by 12% as a result of lower earnings for baby diapers associated with an increase in marketing activities. However, incontinence care products and feminine care products had a positive earnings impact. Operating profit for Forest Products, excluding items affecting comparability, rose 188%. Profit before tax, excluding items affecting comparability, exchange rate effects and divestments, rose 38%.
Consolidated net sales for the first quarter of 2013, excluding exchange rate effects and divestments, rose 20% compared with the same period a year ago. The increase is mainly attributable to acquisitions and higher volumes.
Operating profit excluding exchange rate effects and items affecting comparability rose 25%. The corresponding profit for Personal Care and Tissue rose 27% and 40%, respectively, while profit for Forest Products decreased by 22%. Forest Products includes positive earning effects of SEK 121m attributable to land swaps and negative exchange rate effects of approximately SEK 110m. Profit before tax, excluding exchange rate effects and items affecting comparability, rose 34%. The Group’s operating cash flow improved by 5%, to approximately SEK 1.9bn.
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands. The Group has about 36,000 employees and sales in 2012 amounted to SEK 85bn (EUR 9.8bn). Read more on www.sca.com.
SCA hosted the Capital Markets Day in Stockholm. The Group-wide financial targets and strategy remains with a focus on efficiency, innovation, growth and sustainability. The target for return on capital employed for Tissue and Forest Products has been adjusted. In recent years, SCA has completed hygiene acquisitions and divested for example the packaging operations. In order to further strengthen profitability in the hygiene operations, measures are initiated for decreased costs and improved efficiency.
2. Raw material price development
Sept 2010 – USD 972
NBSK pulp Sept 2011 – USD 968 Recovered paper - Europe Sept 2010 – EUR 118
Sept 2011 – EUR 150
USD/metric ton 190 EUR/t
EUR / ton
170
150
130
110
90
70
50
30
-00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10 -11
OCC ONP/OMG
Sept 2010 – USD 222 Sept 2010 – EUR 0.34
Recovered paper - US Sept 2011 – USD 250
Oil based material Sept 2011 – EUR 0.47
USD/short ton EUR / kg
2 Interim Report Q3 2011
3. Summary - Q3 2011 vs Q3 2010
Sales increased 6%*
Hygiene business
Higher volumes and prices
Good growth in emerging markets
• Personal care, 17%*
• Tissue, 13%*
Packaging and Forest Products
Packaging volumes increased 3%**
• Corrugated prices increased 9%
Publication paper volumes increased 3%
Solid-wood product volumes decreased 7%
EBIT decreased 2%***
Higher prices and volumes
Cost savings
Raw material costs increased SEK 900m
Negative currency impact, SEK 180m
Profit before tax decreased 5%***
Cash flow from current operations: SEK 2,557m
* Adjusted for exchange rate movements and divestments
** Excluding divestments
*** Excluding restructuring costs and adjusted for exchange rate movements
3 Interim Report Q3 2011
4. Summary – 9M 2011 vs 9M 2010
Sales increased 6%*
Hygiene business
Higher volumes and prices
Good growth in emerging markets
• Personal care, 12%**
• Tissue, 10%**
Packaging and Forest Products
Packaging volumes increased 3%***
• Corrugated prices increased12%
Publication paper volumes increased 1%
Solid-wood product volumes increased 7%
EBIT decreased 1%****
Higher prices and volumes
Cost savings
Raw material costs increased SEK 3.1bn
Negative currency impact, SEK 700m
Profit before tax decreased 2%****
Cash flow from current operations: SEK 4,397m
* Adjusted for exchange rate movements and divestments
** Adjusted for exchange rate movements
*** Excluding divestments
**** Excluding restructuring costs and adjusted for exchange rate movements
4 Interim Report Q3 2011
5. Q3 2011 results
SEK millions Q3 Q3 Change, Change, Q2
unless otherwise stated 2011 2010 Q3/Q3,% Q3/Q3,%*** 2011
Net sales* 26,937 26,647 1 6 26,671
EBIT** 2,435 2,574 -5 -2 2,150
EBIT margin** (%) 9.0 9.7 8.1
Profit before tax** 2,084 2,274 -8 -5 1,873
Earnings per share (SEK) 1.82 1.95 -7 -4 1.96
Cash flow from current operations 2,557 2,194 1,487
* Net sales from SCA´s recycling operations have been reclassified as other income, with retroactive adjustment for 2010
** Excluding restructuring cost
*** Adjusted for exchange rate movements
5 Interim Report Q3 2011
6. First nine months 2011 results
SEK millions 9M 9M Change, Change,
unless otherwise stated 2011 2010 % %***
Net sales* 79,001 79,913 -1 6
EBIT** 6,697 7,041 -5 -1
EBIT margin** (%) 8.5 8.8
Profit before tax** 5,767 6,218 -7 -2
Earnings per share (SEK) 5.66 5.53 2 7
Cash flow from current operations 4,397 5,010
Debt/Equity ratio 0.58 0.59
* Net sales from SCA´s recycling operations have been reclassified as other income, with retroactive adjustment for 2010
** Excluding restructuring cost
*** Adjusted for exchange rate movements
6 Interim Report Q3 2011
7. Summary - Q3 2011 vs. Q2 2011
Group
Sales increased 1%
Higher prices
EBIT increased 13%*
Higher prices
Raw material costs increased SEK 280m
Profit before tax increased 11%*
Business areas
Personal Care, EBIT increased 18%*
Higher prices and volumes
Higher raw material costs
Tissue, EBIT increased 21%*
Higher volumes
Higher prices and changed product mix
Packaging, EBIT increased 14%*
Higher prices
Lower volumes
Forest Products, EBIT flat*
Higher prices
Higher raw material costs
* Excluding restructuring costs
7 Interim Report Q3 2011
8. Restructuring program
Annual EBIT savings
Total cost SEK 1,400m
SEK 700m
Gradual impact during
Write down Cash
2012 - 2013
expenditure
SEK 500m SEK 900m
Q3 2011 costs
Headcount reduction
SEK 350m
approximately
2,000 employees
8 Interim Report Q3 2011
9. Personal Care
Q3 2011 vs Q3 2010
Sales increased 3% (+8%*)
6,310 6,125 Incontinence care increased 7%*
3%
Feminine care increased 4%*
Baby diapers increased 10%*
Emerging markets increased 17%*
Incontinence care increased 15%*
SALES SEKm Q3 2011 Q3 2010
697**
EBIT decreased by 1%** (0%***)
688**
Higher prices
-1%**
Higher volumes
Cost savings
Higher raw material costs
EBIT SEKm Q3 2011 Q3 2010
EBIT margin 10.9%**11.4%**
* Adjusted for exchange rate movements
** Excluding restructuring costs
*** Excluding restructuring costs and adjusted for exchange rate movements
9 Interim Report Q3 2011
10. Tissue
Q3 2011 vs Q3 2010
Sales flat (+5%*)
9,951 9,924
Consumer tissue increased 5%*
0%
AFH tissue increased 5%*
Emerging markets increased 13%*
SALES SEKm Q3 2011 Q3 2010
EBIT increased by 7%** (12%***)
Higher prices and changed product mix
809** 753 Higher volumes
7%** Higher raw material and energy costs
Negative currency impact
EBIT SEKm Q3 2011 Q3 2010
EBIT margin 8.1%** 7.6%
* Adjusted for exchange rate movements
** Excluding restructuring costs
*** Excluding restructuring costs and adjusted for exchange rate movements
10 Interim Report Q3 2011
11. Packaging
Q3 2011 vs Q3 2010
6,810 6,627* Sales increased by 3% (10%**)
3% Higher prices and volumes
EBIT increased by 4%*** (8%****)
Higher prices and volumes
SALES* SEKm Q3 2011 Q3 2010 Cost savings
534*** 512
Raw material costs increased SEK 450m
4%***
Negative currency impact
EBIT SEKm Q3 2011 Q3 2010
EBIT margin 7.8%*** 7.7%
* Net sales from SCA´s recycling operations have been reclassified as other income, with retroactive adjustment for 2010
** Adjusted for exchange rate movements and divestments
*** Excluding restructuring costs
**** Excluding restructuring costs and adjusted for exchange rate movements
11 Interim Report Q3 2011
12. Forest Products
Q3 2011 vs Q3 2010
Sales decreased by 1% (0%*)
4,349 4,415 Publication papers
• Higher prices and volumes
-1%
Pulp and Solid-wood products
• Lower volumes
SALES SEKm Q3 2011 Q3 2010
EBIT decreased by 22%**
• Increased raw material costs
685** • Increased energy costs
534** • Negative currency impact
-22%** • Higher publication paper prices
EBIT SEKm Q3 2011 Q3 2010
EBIT margin 12.3%** 15.5%**
* Adjusted for exchange rate movements
** Excluding restructuring costs
12 Interim Report Q3 2011
13. Outlook 2011
Uncertainty in global economy. So far no negative
impact on our business.
Slight price decreases on raw material.
Price increases in parts of our Hygiene business.
13 Interim Report Q3 2011