Nordic Paper Interim report January-September 2021
News General news
QUARTERLY RESULTS July - September
- Net sales increased by 11% to SEK 711m (639), excluding currency effects the increase was 12%
- EBITDA amounted to SEK 15m (-13), corresponding to an EBITDA margin of 2.1% (-2.0)
- Operating profit amounted to SEK -14m (-40), corresponding to an operating profit margin of-1.9% (-6.3%)
- Net result for the period was SEK -17m (-32)
- Cash flow from operating activities was SEK 153m (144)
- Earnings per share was SEK -0.25 (-0.49**)
- Return on operating capital was 20.9% (20.9)
- Sales volume increased by 2% to 62 ktonnes (61)
Significant events after the quarter
The Board of Directors of Nordic Paper has decided to postpone a potential investment decision for the initial phase of the expansion of the production unit in Bäckhammar until a production permit for the entire expansion has been obtained and the conditions linked to this permit are known. The company estimates that a new production permit may be obtained earliest in the beginning of 2023.
