Svenska Cellulosa AB (OTCPK:SCABY)
$ 14.36 0.28 (1.99%) Market Cap: 10.09 Bil Enterprise Value: 10.12 Bil PE Ratio: 26.74 PB Ratio: 0.93 GF Score: 82/100

Q2 2023 Svenska Cellulosa SCA AB Earnings Call Transcript

Jul 21, 2023 / 08:00AM GMT
Release Date Price: $14.55
Anders Edholm;publ;SVP of Sustainability;Communications
Svenska Cellulosa Aktiebolaget SCA

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Good morning, and welcome to this presentation of the SCA Half Year Results for 2023. With me here today, I have CEO, Ulf Larsson; and CFO, Andreas Ewertz.

With that, Ulf, I hand over to you.

Ulf Larsson;publ;President
Svenska Cellulosa Aktiebolaget SCA;CEO & Director

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Thank you, Anders, and also from my side, a good morning, and a warm welcome to the presentation of the result for the second quarter.

When I summarized the second quarter, I can state that we have delivered a stable result, not least driven by a profitable growth in Renewable Energy, stable performance in Forest, but also resilience against cost inflation. The latter is, of course, partly due to a relatively high degree of self-sufficiency in our wood raw material supply and also in the energy supply, logistics and so on.

However, we see a continued weak demand for solid

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