2022
4 feb 2022, 08:00 - Regulatory
Rottneros year-end report January-December 2021
Very strong performance in the end of the year
· NET TURNOVER increased by 22 percent to 598 (490) MSEK. Higher sales prices denominated in SEK were offset by lower sales volumes.
· THE LIST PRICE of NBSK pulp in Europe was 53 percent higher in USD and 57 percent higher in SEK compared with the fourth quarter of 2020. The USD strengthened against the SEK by 3 percent during the same period.
· PRODUCED VOLUME amounted to 91,4 (95,3) thousand tonnes. Production for the full year decreased by 4 percent year-on-year to 395,3 (412,6) thousand tonnes.
· SOLD VOLUME amounted to 95,5 (106,5) thousand tonnes. Demand remained strong in Europe, but sales were negatively impacted by lower production. Sales for the full year totalled 403.2 (416.5) thousand tonnes.
· EBIT (operating profit/loss) for the fourth quarter of 2021 was 58 (-95) MSEK. The stronger USD and good market prices were the main reasons for the positive performance. EBIT for the full year was 267 (-42) MSEK.
· NET INCOME for the fourth quarter of 2021 was 49 (-77) MSEK. Earnings per share for the quarter were 0,32 (-0,50) SEK and 1,30 (-0,33) SEK for the full year.
· THE BALANCE SHEET remains strong. The equity/assets ratio was 64 (58) percent and available liquidity totalled 443 (512) MSEK. Net cash amounted to 16 MSEK.
· DIVIDEND The strong performance allows for an ordinary dividend of 0,40 SEK and an extra dividend of 0,20 SEK, thus the Board proposes a total dividend of 0,60 SEK per share.
· NET TURNOVER increased by 22 percent to 598 (490) MSEK. Higher sales prices denominated in SEK were offset by lower sales volumes.
· THE LIST PRICE of NBSK pulp in Europe was 53 percent higher in USD and 57 percent higher in SEK compared with the fourth quarter of 2020. The USD strengthened against the SEK by 3 percent during the same period.
· PRODUCED VOLUME amounted to 91,4 (95,3) thousand tonnes. Production for the full year decreased by 4 percent year-on-year to 395,3 (412,6) thousand tonnes.
· SOLD VOLUME amounted to 95,5 (106,5) thousand tonnes. Demand remained strong in Europe, but sales were negatively impacted by lower production. Sales for the full year totalled 403.2 (416.5) thousand tonnes.
· EBIT (operating profit/loss) for the fourth quarter of 2021 was 58 (-95) MSEK. The stronger USD and good market prices were the main reasons for the positive performance. EBIT for the full year was 267 (-42) MSEK.
· NET INCOME for the fourth quarter of 2021 was 49 (-77) MSEK. Earnings per share for the quarter were 0,32 (-0,50) SEK and 1,30 (-0,33) SEK for the full year.
· THE BALANCE SHEET remains strong. The equity/assets ratio was 64 (58) percent and available liquidity totalled 443 (512) MSEK. Net cash amounted to 16 MSEK.
· DIVIDEND The strong performance allows for an ordinary dividend of 0,40 SEK and an extra dividend of 0,20 SEK, thus the Board proposes a total dividend of 0,60 SEK per share.
24 jan 2022, 13:00 - Non regulatory
Invitation to Rottneros´ interim report Q4 2021
The interim report for the fourth quarter 2021 will be published on 4 February, at 8.00 CET, and is followed by a webcast live at 13.00 CET the same day.
