Brief: Norske Skog Q2 EBITDA Rises To NOK 905 Million

Norske Skog ASA

15/07/2022 06:13

July 15 (Reuters) - Norske Skog ASA  NSKOG.OL :
    * GOOD PROFITABILITY DESPITE TURBULENT MARKETS
    * EBITDA IN Q2 OF 2022 WAS NOK 905 MILLION, AN INCREASE FROM
NOK
610 MILLION IN Q1 OF 2022
    * CASH FLOW FROM OPERATIONS WAS NOK 473 MILLION IN Q2
COMPARED TO
NOK 196 MILLION IN PREVIOUS QUARTER
    * OPERATING EARNINGS IN Q2 OF 2022 WERE NOK 1 195 MILLION
COMPARED
TO OPERATING EARNINGS IN Q1 OF 2022 OF NOK 593 MILLION
    * RAW MATERIALS- AND ENERGY PRICES ARE EXPECTED TO REMAIN
HIGH AND
VOLATILE IN SECOND HALF OF 2022
    * LACK OF AVAILABILITY OF RAW MATERIALS MAY CAUSE SHORT TERM
HALT
IN PRODUCTION.
    * CONTINUED DISRUPTIONS IN GLOBAL SUPPLY CHAINS MAY ALSO
CAUSE
OPERATIONAL CHALLENGES IN SECOND HALF OF 2022.
    * WASTE-TO-ENERGY FACILITY AT BRUCK IS EXPECTED TO REACH
FULL
CAPACITY UTILISATION DURING Q3 OF 2022

Source text for Eikon:  ID:nObiynr7Ra 
Further company coverage:  NSKOG.OL 

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