Sweden's Billerud Q3 sales rise on higher volumes, pricing

Billerud AB (publ)

22/10/2026 06:19

((This story was generated using AI and automation, please see
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Overview
    * Sweden packaging materials producer's Q3 net sales rose 3% yr/yr to SEK 10.2 bln
    * Adjusted EBITDA for Q3 fell 2% yr/yr to SEK 1.03 bln, margin narrowed to 10%
    * Company cites positive pricing, improved Europe profitability, and North America asset upgrades

    
Outlook
    * Company expects stable market conditions in both regions for Q4 2026
    * Billerud anticipates positive pricing to offset higher input costs in Q4
    * Company expects reduced impact from maintenance shutdowns in Q4

    
Result Drivers
    * SALES VOLUME INCREASE - Co said currency-neutral net sales grew 2% mainly due to higher sales volumes
    * POSITIVE PRICING IMPACT - Co said price increases in both regions offset input cost inflation from higher energy prices
    * COST SAVINGS - Co said lower pulpwood costs and fixed cost savings helped profitability

    
Company press release:  ID:nWkr62TB40 
    
Key Details
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
 Q3 Sales            SEK        
                     10.17     
                     bln       
 Q3                  SEK 1.03   
 Adjusted            bln       
 EBITDA                        
    
Analyst Coverage
    * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
    * The average consensus recommendation for the paper packaging peer group is "buy"
    * Wall Street's median 12-month price target for Billerud AB (publ) is SEK90.00, about 7.5% above its October 21 closing price of SEK83.70
    * The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 29 three months ago

    
Reuters Recommended Reads
    * Oct 21 - Packaging Corp Q3 adjusted EPS beats estimates on acquired Greif operations
    * Oct 21 - Sonoco Products Q3 sales miss estimates on lower volume, weak food can demand
    * Oct 19 - Crown Holdings FY adj diluted EPS outlook points to deceleration

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

    (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)