Q3 2021 Svenska Cellulosa SCA AB Earnings Press Conference Transcript

Oct 29, 2021 / 08:00AM GMT
Anders Edholm - Svenska Cellulosa Aktiebolaget SCA(publ)-SVP of Communications

Good morning, and welcome to this presentation of SCA's third quarter results. With me here today, I have President and CEO, Ulf Larsson; and CFO, Toby Lawton. Please Ulf, go ahead.

Ulf Larsson - Svenska Cellulosa Aktiebolaget SCA(publ)-President - CEO & Director

Thank you so much, Anders, and also from my side, good morning and a very warm welcome to this presentation. Yes. When I summarize the first quarter, I can state that we delivered our strongest quarter ever. We made SEK 2.7 billion on EBITDA level and a profit EBITDA margin of 53%. We have seen a very strong market during the quarter, underlying strong demand and in all product areas, more or less. And not the least important, we took the decision to leave publication paper last year, and that has also been very contributable to our good profit this quarter.

On top of that, we have had a stable cost level and also good production. During

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