Q4 2019 BillerudKorsnas AB (publ) Earnings Call Transcript

Jan 29, 2020 / 08:00AM GMT
Lena Schattauer - BillerudKorsnäs AB(publ)-Head of IR

Good morning and welcome to the presentation of Billerudkorsnäs year-end report for 2019. Our acting CEO, Lennart Holm; and our CFO, Ivar Vatne, will hold a presentation. And after that, there will be a Q&A session.

By that, I would like to hand over to you, Lennart, please go ahead.

Lennart Holm - BillerudKorsnäs AB(publ)-Acting President - CEO & Director

Thank you, Lena, and welcome all of you listening in on this presentation. Let's start off with the key highlights for the fourth quarter.

We've had during the quarter flat nails (sic) [net] sales. But with an underlying growth, excluding the KM7 impact, weaker market continues. We'll talk more about that. KM7 Q4 impact in line with expectations. Finally CapEx SEK 7,950 million. Our head cost and efficiency program is on track, and we propose an ordinary dividend of SEK 4.30 per share, plus an extra dividend or rather

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