SCA reported 9% increase of continuing operations of Forest products business’ net sales for the second quarter of 2017. The net sales increased to SEK 4,222.3 million (around USD 515 million) up from SEK 3,872 million y-o-y. The company generated SEK 827 million Adjusted EBITDA (margin 19.6%).
In January-June 2017, the company increased its Adjusted EBITDA to 1,634 million amid net sales by 7% to SEK 8,191 million.
Earlier the Swedish Tax Agency determined the acquisition cost for shares in SCA AB and Essity AB.
The company is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2015 amounted to more than SEK 115 billion (EUR 12.4 billion). SCA has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm.