Interim report January-March 2008
Submitted for publication at 12.30 p.m. on 29 April 2008
Quarter Full year
2008 2007 2007
I IV I 2007
Net turnover,
MSEK 2 096 2 068 1 932 7 758
Operating
profit/loss,
MSEK 214 243 177 590
Operating
margin, % 10 12 9 8
Profit/loss
after
financial
items , MSEK 180 209 151 473
Net profit/
loss, MSEK 130 153 107 336
Earnings per
share, SEK 2.52 2.96 2.08 6.52
January-March 2008 compared with January-March 2007
• Net turnover was MSEK 2,096 (1,932), up 8%.
• Net profit was MSEK 130 (107).
• Earnings per share were SEK 2.52 (2.08), up 21%.
• The market situation and demand remained stable on most of Billerud’s markets.
• Operating profit climbed by 21% to MSEK 214 (177).
• The operating margin was 10% (9).
Outlook for 2008
• The economic cycle is difficult to predict at present and a weakening on some markets cannot be ruled out.
• The cost of wood materials so far in 2008 has remained at the high level established in the second half of 2007.
• During the first quarter Billerud has initiated further measures aimed at reducing costs. The effect is expected to be reduced costs of around MSEK 150 annually to the end of 2009.
For further information in connection with this report, please contact:
Per Lindberg, President and CEO, +46 8 553 335 00 or +46 70 248 15 17 and
Bertil Carlsén, CFO, +46 8 553 335 00 or +46 730 211 092
Billerud’s President Per Lindberg and CFO Bertil Carlsén will present the interim report at a webcasted press conference for analysts and journalists on Wednesday 30 April at 10.00 a.m.
Location: Spårvagnshallarna, Birger Jarlsgatan 57 A, Stockholm.