Q4 2022 Billerud AB (publ) Earnings Call Transcript

Jan 27, 2023 / 08:00AM GMT
Operator

Good morning, and welcome to Billiards Presentation about our 2022 Year-End Report. The presentation will be held by our President and CEO, Christoph Michalski; and our CFO, Ivar Vatne, and as usual, they will take questions after the presentation. So Christoph, let's begin, please.

Christoph Michalski - Billerud AB(publ)-President&CEO

Good morning, everyone. I'm here with Ivar, and I'm very pleased to be able to present you our 2022 results and the quarter, in particular. So before we go to the quarter, I just want to highlight, we had a record year in 2022. You can see reported 63% growth, which was the Verso acquisition. And on top of that, a very impressive 16% organic growth performance. All-time high profitability, adjusted EBITDA margin of 19%. We were able to mitigate most cost increases during the year with prices and mix. And with our new company, we have now achieved an EPS, which has tripled versus a year ago. And most of the EBITDA was translated into cash, which, as you know, is an important

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