Interim report
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Interim report January - June 2021 Continued profitable growth and strong cash generation KEY HIGHLIGHTS High sales growth driven by strong demand Profit improvement ● ● ● ● QUARTERLY DATA Net sales grew by 6 % to SEK 6 504 million ( 6 156 ) Excluding currency effects net sales grew by 9 % Adjusted EBITDA * increased by 14 % to SEK 883 million ( 774 ) ● ● ● Strong cash generation First deliveries of liquid packaging board from Gruvön BILLERUDKORSNÄS Operating profit amounted to SEK 404 million ( 245 ) Net profit was SEK 311 million ( 202 ) Earnings per share amounted to SEK 1.50 ( 0.98 ) KEY FIGURES * SEKM Net sales Adjusted EBITDA Operating profit Adjusted operating profit Net profit Adjusted EBITDA , % Adjusted operating profit margin , % Adjusted ROCE , % Operating cash flow after operative investments Interest - bearing net debt / adjusted EBITDA , multiple OUTLOOK For further information , please contact : Ivar Vatne , CFO , +46 8 553 335 07 Lena Schattauer , Head of Investor Relations , +46 8 553 335 10 Q2 2021 6 504 883 404 404 311 14 % 6 % 4 % 850 1.7 Continued strong market conditions Good availability of pulp wood Higher input costs compensated by price increases Q2 2020 6 156 774 245 284 202 13 % 5 % 4 % 156 2.4 Change 6 % 14 % 65 % Q2 2021 42 % 54 % Jan - Jun 2021 13 024 1 886 932 932 688 14 % 7 % 4 % 1 015 1.7 Jan - Jun 2020 12 520 1 565 525 589 366 13 % 5 % 4 % -282 2.4 Change 4 % 21 % 78 % 58 % 88 % * For key figures and a reconciliation of alternative performance measures including adjusted EBITDA , adjusted operating profit , adjusted EBITDA margin , adjusted operating profit margin , adjusted ROCE and interest - bearing net debt / adjusted EBITDA , see pages 17-19 and pages 6-7 for operating cash flow after operative investments . This information constituted inside information prior to publication . This is information that BillerudKorsnäs AB ( publ ) is obliged to make public pursuant to the EU Market Abuse Regulation . The information was submitted for publication , through the agency of the contact persons set out above , at 07.00 CET on 20 July 2021 .