Q2 2024 Svenska Cellulosa Aktiebolaget SCA Earnings Call Transcript

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Jul 26, 2024

Jul 26, 2024 / 08:00AM GMT
Anders Edholm - Svenska Cellulosa Aktiebolaget SCA - Senior Vice President, Sustainability and Communications

Good morning, and welcome to this presentation of the SCA half yearly report for 2024. With me here today, I have President and CEO, Ulf Larsson; and CFO, Andreas Ewertz.

And with that, over to you, Ulf.

Ulf Larsson - Svenska Cellulosa Aktiebolaget SCA - President, Chief Executive Officer, Director

Thank you, Anders. Good morning also from my side, a warm welcome to the presentation of the results for the second-quarter 2024. And when I summarize the second quarter, I can state that the markets for all fiber-based products in all areas are sequentially stronger with higher prices in Q2 in comparison with Q1. We can also note that we have a delay effect in pricing for containerboard and pulp with one to two months.

In renewable energy, we have seen a negative market development in Europe for liquid biofuels, also affecting tall oil prices. So when we compare Q2 '24 with the same period last year, this is, of course, not the least due to

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