Q4 2019 Duni AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Duni AB year-end report. Today, I am pleased to present Johan Sundelin, CEO; and Mats Lindroth, CFO. (Operator Instructions) I will now hand you over to Johan Sundelin. Sir, please go ahead.
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Thank you, and good morning, everyone. Let's start immediately with the financial highlights for the last quarter of last year before I will also show you the financial highlights of the full year of 2019.
But as I said, let's start with the quarter where we see a net sales increase of about 7%, and an organic pro forma growth close to 2%. And as previous quarters, the high growth rates in sustainable packaging is the key reasons for the growth in the quarter. And we also see continued decline of the plastic assortment.
If looking more at the all produced part of the portfolio, we continue to see growth in premium napkins and declining sales in table covers.
From a more business area perspective, we continue to
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