Picture of Svenska Cellulosa Aktiebolaget SCA logo

SCA B — Svenska Cellulosa Aktiebolaget SCA News Story

0.000.00%
se flag iconLast trade - 00:00
Basic MaterialsConservativeLarge CapNeutral

Brief: SCA Flags Saturation In Pulpwood Market During Q2

July 25 (Reuters) - Svenska Cellulosa Aktiebolaget SCA SCAb.ST:

SCA Q2 SALES SEK 5,380 MILLION

SCA Q2 EBITDA SEK 2,033 MILLION

SCA Q2 EBITDA MARGIN 37.8%

ON DEMAND: LIMITED SUPPLY OF WOOD RAW MATERIAL TOGETHER WITH HIGH DEMAND HAS LED TO AN INCREASE IN PRICES

SOME SATURATION WAS NOTED IN PULPWOOD MARKET DURING QUARTER, AND SOME OPERATORS ALSO MADE DOWNWARD ADJUSTMENTS IN THEIR PRICE LISTS

SELLING PRICES FOR SOLID-WOOD PRODUCTS INCREASED COMPARED WITH PRECEDING QUARTER, DRIVEN PRIMARILY BY SEASONALLY STRONGER DEMAND COMBINED WITH HIGHER RAW MATERIAL COSTS

DEMAND REMAINED CAUTIOUS DUE TO UNCERTAIN MARKET SITUATION

SEASONALLY STRONGER DEMAND TOGETHER WITH SCA'S FOCUS ON STRONG AND LONG-TERM CUSTOMER RELATIONSHIPS CONTRIBUTED TO A HIGHER DELIVERY VOLUME Y/Y, Q/Q

GLOBAL DEMAND FOR PULP WAS WEAK IN BOTH EUROPE AND CHINA, WHILE DEMAND IN US WAS ON A NORMAL LEVEL

DEMAND FOR PACKAGING PAPER IS AT A NORMAL LEVEL, MAINLY DRIVEN BY E-COMMERCE AND CONSUMABLES

DEMAND FOR SOLID BIOFUELS WAS SEASONALLY LOWER COMPARED WITH PRECEDING QUARTER.

Source text: ID:nWkr74x0LM

Further company coverage: [SCAb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

Recent news on Svenska Cellulosa Aktiebolaget SCA

See all news