January–June 2022 compared with January–June 2021
- Net sales amounted to SEK 10,914m (8,982). The increase was mainly attributable to high demand for SCA’s products, higher selling prices and increased sales to core markets. Through its own logistics company, SCA has a unique control over logistics from the forest to the customer, which has benefited delivery reliability in a turbulent period.
- EBITDA improved 58% to SEK 5,729m (3,619). The increase was mainly attributable to higher selling prices in all product areas while a high degree of self-sufficiency in wood, energy and logistics enabled good cost control. EBITDA margin increased to 52.5% (40.3).
- Valuation of SCA’s forest assets increased to SEK 87.9bn compared to SEK 84.5bn at year-end previous year due to further increased prices on forest assets in Northern Sweden
- Operating profit increased to SEK 4,958m (2,927)
- Operating cash flow strengthened to SEK 3,085m (1,581) and thereby continued to finance ongoing strategic investments
- Earnings per share was SEK 5.50 (3.20)
April–June 2022 compared with April–June 2021
- Net sales amounted to SEK 5,899m (4,810). The increase was mainly attributable to strong demand for SCA’s products, higher selling prices and positive exchange rate effects.
- EBITDA amounted to SEK 3,121m (2,260). The increase was mainly attributable to higher selling prices, which were offset by higher raw material costs. EBITDA margin strengthened to 52.9% (47.0).
April–June 2022 compared with January–March 2022
- Net sales amounted to SEK 5,899m (5,015). The increase was mainly attributable to higher selling prices and higher delivery volumes.
- EBITDA amounted to SEK 3,121m (2,608). The increase was primarily attributable to higher selling prices in all product areas. EBITDA margin increased to 52.9% (52.0).
SUMMARY OF THE SECOND QUARTER OF 2022
Earnings for the second quarter of 2022 were the highest ever. The improvement compared with the preceding quarter and the year-earlier quarter was mainly attributable to strong demand for SCA’s products with higher sales to core markets, in particular Scandinavia and Central Europe, and higher selling prices.
Source: SCA
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