SCA Interim Report Q2 2011Presentation in connection with SCA's interim report Q2 2011 Keywords SCA...

Interim Report1 January – 30 June 2011

Interim Report Q2 2011

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-93 -94 -95 -96 -97 -98 -99 -00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10 -11

USD/short ton

High grade deinking

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-00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10 -11OCC ONP/OMG

400425450475500525550575600625650675700725750775800825850875900925950975

1000102510501075

-98 -99 -00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10 -11NBSK PIX Value

USD/Metric tonne

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0,75

1,00

1,25

1,50

1,75

jan-03 jan-04 jan-05 jan-06 jan-07 jan-08 jan-09 jan-10 jan-11

Polyethylene (PE) Bags, backsheet, pack.film Propylene (Contract fd) SuperabsorbentOil (eur/kg) Polypropylene (PP homo) NW, Fibres

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Recovered paper - USUSD/short ton

USD/metric ton EUR / ton

Recovered paper - Europe

Oil based material

NBSK pulp

Increased raw material prices

EUR / kg


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Summary – H1 2011 vs H1 2010


Sales increased 5%*Hygiene business

Higher volumesGood growth in emerging markets

• Personal care, 9%**• Tissue, 9%**

Packaging and Forest ProductsPackaging volumes increased 2%

• Corrugated volumes decreased 2%• Corrugated prices increased 13%

Publication paper volumes decreased 1%Solid-wood product volumes increased 16%

EBIT increased 1%***Higher prices and volumesCost savingsSignificantly higher raw material costs, SEK 2.1bnHigher distribution costsNegative currency impact, SEK 600m

Profit before tax decreased 1%***Cash flow from current operations: SEK 1,840m

* Adjusted for exchange rate movements and divestments** Adjusted for exchange rate movements*** Excluding restructuring costs and adjusted for exchange rate movements

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Summary - Q2 2011 vs Q2 2010


Sales increased 6%*Hygiene business

Higher volumesGood growth in emerging markets

• Personal care, 11%*• Tissue, 9%*

Packaging and Forest ProductsPackaging volumes flat

• Corrugated volumes decreased 3%• Corrugated prices increased 12%

Publication paper volumes increased 4%Solid-wood product volumes increased 19%

EBIT decreased 7%**Higher prices and volumesCost savingsSignificantly higher raw material costs, SEK 900mHigher distribution costsNegative currency impact, SEK 300m

Profit before tax decreased 10%**Cash flow from current operations: SEK 1,487m

* Adjusted for exchange rate movements** Excluding restructuring costs and adjusted for exchange rate movements

SEK millions H1 H1 Change, Change,

unless otherwise stated 2011 2010 % %**

Net sales 52,064 53,266 -2 5 ***

EBIT* 4,262 4,467 -5 1

EBIT margin* (%) 8.2 8.4

Profit before tax* 3,683 3,944 -7 -1

Earnings per share (SEK) 3.85 3.57 8 13

Cash flow from current operations 1,840 2,816

Debt/Equity ratio 0.55 0.62

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H1 2011 results


* Adjusted for restructuring costs in 2010** Adjusted for exchange rate movements*** Adjusted for exchange rate movements and divestments

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Q2 2011 results


* Adjusted for restructuring costs in 2010** Adjusted for exchange rate movements

SEK millions Q2 Q2 Change, Change,

unless otherwise stated 2011 2010 % %**

Net sales 26,671 27,067 -1 6

EBIT* 2,150 2,440 -12 -7

EBIT margin* (%) 8.1 9.0

Profit before tax* 1,873 2,196 -15 -10

Earnings per share (SEK) 1.96 2.04 -4 +1

Cash flow from current operations 1,487 1,668

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Q2 2011 vs. Q1 2011Summary


GroupSales increased 5%

Higher volumes and pricesEBIT increased 2%

Higher volumes and pricesHigher raw material costs

Profit before tax increased 3%

Business areasPersonal Care, EBIT flat

Higher volumesHigher raw material costs

Tissue, EBIT increased 7%Higher volumes

Packaging, EBIT decreased 3% Higher pricesHigher volumesHigher raw material costs

Forest Products, EBIT increased 7%Lower raw material costs

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Personal CareQ2 2011 vs Q2 2010


-5%

EBIT margin 11.7%**9.5%

-23%**

SALES SEKm

EBIT SEKm

6,4186,116

753**

582

Q2 2011 Q2 2010

Q2 2011 Q2 2010

* Excluding exchange rate effects** Excluding restructuring costs*** Excluding restructuring costs and exchange rate effects

Sales decreased by 5% (+4%*)Incontinence care increased 2%*Baby diapers increased 8%*Feminine care increased 1%*Emerging markets 11%*

• Incontinence care 5%*• Baby diapers 20%*• Feminine care 2%*

EBIT decreased by 23%** (-18%***)Higher volumesCost savings Significantly higher raw material costs

9 Interim Report Q2 2011

TissueQ2 2011 vs Q2 2010

-5%

EBIT margin 7.9%7.0%

-16%

10,0649,609

791668

EBIT SEKm

Q2 2011 Q2 2010

Q2 2011 Q2 2010

* Excluding exchange rate effects

Sales decreased by 5% (+4%*)Consumer tissue increased 4%*AFH tissue increased 6%*Emerging markets 9%*

• Consumer tissue 8%*• AFH tissue 11%*

EBIT decreased by 16% (-8%*)Higher prices Changed product mixHigher volumesHigher raw material, energyand distribution costs

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PackagingQ2 2011 vs Q2 2010


1%


6,7706,856

306

467

SALES SEKm

EBIT SEKm

* Excluding exchange rate effects and divestments ** Excluding exchange rate effects

Q2 2011 Q2 2010

Q2 2011 Q2 2010

Sales increased by 1% (+11%*)Higher pricesLower volumes due to divestments

EBIT increased 53% (62%**)Higher prices and volumesCost savingsHigher raw material costs, SEK 500mNegative currency impact53%

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Forest ProductsQ2 2011 vs Q2 2010


6%


-23%

4,3084,566

691

532

SALES SEKm

EBIT SEKm

Q2 2011 Q2 2010

Q2 2011 Q2 2010

* Excluding exchange rate effects

Sales increased by 6%(8%*)Higher prices for publication papers and pulpHigher volumes

EBIT decreased by 23% Higher raw material and energy costsNegative currency impact

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Outlook 2011


Good demand for all businessesGood growth in Emerging markets for Hygiene businessesContinued high raw material costsIncreasing corrugated pricesPrice increases for Personal Care, Tissue and publication papers during H2


Q & A

14 Interim Report Q2 2011

SCA Interim Report Q2 2011Presentation in connection with SCA's interim report Q2 2011 Keywords SCA...

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