Q4 2019 Svenska Cellulosa SCA AB Earnings Call Transcript
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Sincerely welcome to SCA and to this press conference, where our President and CEO, Ulf Larsson; and our CFO, Toby Lawton, will present the year-end report and take questions after the presentation.
So Ulf Larsson, would you please take the stage?
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Thank you, Björn. Good morning, everyone, and I'd like to start by summarizing 2019. And 2019, in fact, is the best year ever we have done in SCA, SEK 5.3 billion on EBITDA level. Sales was up 4%, and that is mainly related to our ramp-up of Ãstrand. And the EBITDA, already mentioned, up 1% versus 2018. We also had a very strong cash flow -- operating cash flow during the year.
If one should mention some highlights for 2019, first and foremost, maybe the ramp-up of Ãstrand. We are, more or less, now on full capacity, which we are very happy
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