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Q1 2021 • SCA decided in September 2020 to discontinue its publication paper operations in line with the communicated strategy for profitable growth . During the quarter , SCA closed the three remaining publication paper machines at the Ortviken site . Measures continue to be taken to avoid the spread of Covid - 19 . The pandemic has not had any significant effects on production . January - March 2021 compared with January - March 2020 . Net sales amounted to SEK 4,172m ( 4,793 ) . The lower sales level was related to the discontinued publication paper operations and the divestment of Wood Supply UK , excluding this effect net sales increased with 8 % . EBITDA improved 32 % to SEK 1,359m ( 1,030 ) , the increase was mainly attributable to higher selling prices in all product areas . EBITDA margin increased to 32.6 % ( 21.5 ) , the higher level was mainly related to the discontinued publication paper operations . • Operating profit increased to SEK 1,046m ( 628 ) • Operating cash flow amounted to SEK 475m ( 341 ) • Earnings per share improved to SEK 1.14 ( 0.69 ) January - March 2021 compared with October - December 2020 . Net sales decreased by 9 % to SEK 4,172m ( 4,592 ) . The change was mainly attributable to the discontinued publication paper operations and the divestment of Wood Supply UK . • EBITDA amounted to SEK 1,359m ( 1,451 ) and EBITDA margin rose to 32.6 % ( 31.6 ) KEY FIGURES SEKM Net sales EBITDA EBITDA margin ( % ) Operating profit Net Profit Earnings per share SEK Operating cash flow Net Debt / EBITDA ( LTM ) Quarter 2021 : 1 2020 : 1 4,172 1,359 32.6 4,793 -13 1,030 32 % 2020 : 4 4,592 % -9 1,451 -6 21.5 31.6 1,046 628 802 483 56 67 1,084 -4 66 783 2 1.14 0.69 1.11 475 341 957 1.5x 1.9x 1.7x A SCA SVENSKA CELLULOSA AKTIEBOLAGET SCA ( publ ) , Skepparplatsen 1 , 851 88 SUNDSVALL . www.sca.com . Corp. Reg . No. 556012-6293