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SCA’s first quarter profit up

May 3 2011  SCA's profit before tax, excluding restructuring costs, rose four percent (ten percent excluding exchange rate effects) to 1,810 million Kronor (1,748 million corresponding period last year).

SCA's net sales for the first quarter, excluding effects of


exchange rate movements and divestments, rose six percent as a result of higher


prices and volumes compared with the same quarter a year ago.Operating


profit for the first quarter, excluding restructuring costs and


exchange rate effects, rose ten percent compared with the same period a year


ago. Higher prices and volumes along with cost-cutting measures


compensated for SEK 1.3bn in higher raw material costs. Net profit for


the period, excluding restructuring costs, rose six percent (twelve percent excluding


exchange rate effects), and earnings per share rose 24 percent.During the first quarter, operating profit for Personal Care and Tissue decreased compared with the same quarter a year ago. The decrease is


mainly attributable to higher raw material costs. A sharp improvement


in operating profit for Packaging is attributable to higher prices and volumes along with cost savings,


which compensated for higher raw material costs.


Operating profit for Forest Products improved as a result of improved earnings for the publication paper business.Favourable demand is expected in all of SCA's business areas in 2011, according to Jan Johansson, CEO of SCA.

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