SCA´s net profit up six percent
SCA reports a net profit before tax, excluding restructuring costs, for 2010 of 8.49 billion Kronor, compared with 8.0 billion 2009. Restructuring costs amounted to 931 million Kronor (1.4 billion).Earnings per share, exckluding restructuring costs, were 7.90 Kronor (6.78). The Board proposes an increase in the dividend to 4.00 Kronor per share (3.70).During the year, SCA increased its volumes in all business areas and grew its market shares for its golbal brands within incontinence care and away-from-home (AFH) tissue. The packaging operations showed a sharp improvement in profitability.Cash flow from current operations for 2010 was 7.39 bilion Kronor (11.49). the decrease is mainly attributable to a higher leverl of tied-up working capital as a result of higher raw material prices.Operating profit for the fourth quarter rose five percent, compared with the corresponding period 2009.Cintinued favourable demand is expected in all of SCA's business areas.