Billerud AB (OTCPK:BLRDF)
$ 9.55 0 (0%) Market Cap: 2.58 Bil Enterprise Value: 3.23 Bil PE Ratio: 37.41 PB Ratio: 0.97 GF Score: 87/100
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Q1 2019 BillerudKorsnas AB (publ) Earnings Call Transcript

Apr 17, 2019 / 08:00AM GMT
Release Date Price: $13.8 (-0.22%)
Operator

Ladies and gentlemen, welcome to the BillerudKorsnäs Interim Report January to March 2019. Today, I am pleased to present Petra Einarsson, President and CEO; and Kristina Schauman, acting CFO. (Operator Instructions)

Speakers, please begin your meeting.

Petra Einarsson;s AB;publ;President;CEO
BillerudKorsnÃ

¤()-&

Thank you. Good morning, and welcome everyone to today's webcast of our quarter 1 report. I would like to start by sharing some key highlights of the report and then to invite Kristina to give a more granular update on the financials. And after Kristina's updates, we will open up for Q&As.

These are the main highlights of the quarter. I am very pleased with the continued strong demand with something in 10% sales growth and the solid margin of 16%, not far from our long-term targets of 17%. However, we still experienced headwind regarding raw material costs and above the level of last quarter. And I'm happy and proud to inform that our strategic investment, KM7,

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