BillerudKorsnäs is a world-leading manufacturer of strong primary fibre-based packaging material, working with over 1500 customers in over 100 countries. Our business model consists of three key components: World-class Materials, Solution Services and an extensive Global Network.
Strategic Focus
BillerudKorsnäs will lead the development in primary fibre-based packaging materials with the overall objective of generating profitable growth. With a strong focus on customer benefit, innovation and sustainability, BillerudKorsnäs will be cutting edge in terms of understanding and meeting every aspect of the market’s need for smarter packaging.
Commitment to Sustainability
BillerudKorsnäs’ combined values and approach involve long-term, sustainable cooperation with customers, employees and the environment. BillerudKorsnäs develops renewable materials and packaging solutions that promote sustainable development in a close-knit dialogue with customers. The Company is governed based on quantified sustainability targets.
Financial Highlights
The Board of Directors of BillerudKorsnäs has decided on the following financial targets for the new Company
Operating margin
>10%
Over a business cycle, the operating margin should on average exceed 10%. BillerudKorsnäs operates in an industry that historically has tracked a cyclical pattern, with corresponding variations in earning capacity.
Return on capital employed
>13%
Over a business cycle, the return on capital employed (ROCE) should on average exceed 13%. BillerudKorsnäs shall ensure a return corresponding to the shareholders’ return expectations while the cost for the Company’s debt is covered with a margin.
Net debt/equity ratio
<0.9
Over a business cycle, the net debt/equity ratio should be below 0.9. BillerudKorsnäs’ business is influenced to a large extent by the general economic climate, which means that the operating risk is considerable. Strengthening the financial position in good years is therefore essential in order to sustain the Group in bad years.
Dividend policy
50%
Over a business cycle, the dividend should on average amount to 50% of net profit. The dividend paid to shareholders will be dependent on, among other factors, BillerudKorsnäs’ profit level, financial position and future development opportunities.
Our Business Areas
BillerudKorsnäs has three business areas – Packaging Paper, Consumer Board and Containerboard. The business areas develop and market high-quality materials and smarter solutions to packaging manufacturers, converters and brand owners.
Focus on four Served Industries
BillerudKorsnäs engages with the market in four segments with varying needs for smarter packaging solutions: Food & Beverages, Industrial, Consumer & Luxury Goods and Medical & Hygiene.