Brief: Norske Skog Q4 EBITDA Up At NOK 1,083 Million

Norske Skog ASA

27/01/2023 07:13

Jan 27 (Reuters) - Norske Skog ASA  NSKOG.OL :
    * NORSKE SKOG'S EBITDA IN Q4 OF 2022 WAS NOK 1 083 MILLION,
AN
INCREASE FROM NOK 508 MILLION IN Q3 OF 2022
    * QTRLY CASH FLOW FROM OPERATIONS WAS NOK 745 MILLION IN
QUARTER
COMPARED TO NOK 627 MILLION IN PREVIOUS QUARTER
    * Q4 EBITDA WAS IMPACTED POSITIVELY BY HIGHER PUBLICATION
PAPER
SALES PRICES
    * NORSKE SKOG BRUCK WILL COMMENCE PACKAGING PAPER PRODUCTION
IN
Q1, WHILE NORSKE SKOG GOLBEY WILL START IN Q4 OF 2023
    * BOARD OF DIRECTORS PROPOSES THAT ANNUAL GENERAL MEETING
ADOPTS
AN AUTHORISATION TO PAY NOK 5.00 PER SHARE IN DIVIDEND
    * CASH FLOW FROM OPERATIONS WAS NOK 745 MILLION IN QUARTER
COMPARED TO NOK 627 MILLION IN PREVIOUS QUARTER
    * OPERATING EARNINGS IN Q4 OF 2022 WERE NOK 944 MILLION
COMPARED
TO OPERATING EARNINGS IN Q3 OF 2022 OF NOK 113 MILLION
    * BOARD OF DIRECTORS PROPOSES THAT ANNUAL GENERAL MEETING
ADOPTS
AN AUTHORISATION TO PAY NOK 5.00 PER SHARE IN DIVIDEND.
    * UNCERTAINTY IN GLOBAL ECONOMIC PERFORMANCE WILL REMAIN
DURING
2023
    * WILL ACTIVELY MANAGE ITS ENERGY EXPOSURE THROUGH COMING
QUARTERS.
    * UNCERTAINTY IN COST AND DEMAND DEVELOPMENT WILL INFLUENCE
PUBLICATION AND PACKAGING PAPER PRICES IN EUROPE

Source text for Eikon:  ID:nObi76gyca 
Further company coverage:  NSKOG.OL 
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