Investment case
Five reasons to invest in Billerud
1. Global leader in growing packaging materials market, with strong positions in attractive niches
- The global market for fiber-based packaging materials is growing driven by increasing needs for packaging and sustainability
- Billerud is a leader in high performance fiber packaging materials, serving customers worldwide
- Our packaging materials are not only 100% recyclable, but also lightweight, strong and pure and suitable for the most demanding applications
- We have strong market positions in premium segments of liquid packaging board, containerboard, cartonboard and sack and kraft paper
2. Leader in the North American paper market
- Billerud is a leader in graphic paper, label papers and hardwood pulp in North America
- We have an attractive geographic location in the US close to the customers and we have a leading cost position
- While remaining committed to graphic paper, we are evolving into producing packaging materials
3. Sustainability embedded in everything we do
- Sustainability is our core – we place all aspects of sustainability high on the agenda
- Our products can reduce the climate impact of packaging by replacing fossil-based packaging solutions
- We source all wood raw material from responsibly managed forests
- We continuously reduce our own carbon footprint, delivering towards a net zero target by 2040
4. Value-creating strategy strengthens and evolves our business
- We have a diversified geographic and product portfolio, and prioritize attractive markets and segments where we have strong competitiveness
- In Europe we will strengthen the financial performance of our existing production assets by driving mill efficiency and cost-competitive wood supply
- In North America we will evolve towards packaging materials through investments in product development and our manufacturing assets
5. Strong financial position and clear financial priorities
- Billerud has a strong financial position and a moderate investment need in the mid-term
- Our financial targets focus on profitability, capital efficiency and cash flow generation
- The dividend policy states that >50% of net profits will be distributed to shareholders
- Dividends have been stable even during economic downturns and periods of large investments