Improved results for BillerudKorsnas

BillerudKorsnas posted a rise in fourth-quarter net profit.

Containerboard market remained under pressure on the liner side due to the increased capacity on the market. The Consumer Board market was stable.

Net sales increased with 8 %, from 4,7 billion to 5,1 billion SEK, and operating profit doubled compared to the fourth quarter 2013, due to synergy realisation and more favourable currency exchange rates. Net profit reached 329 million SEK compare to 103 million last year.

“The overall market for our business has been stable but as expected a bit slow. We did not run full capacity for Packaging Paper due to seasonally lower demand during the fourth quarter, according to CEO Per Lindberg.

The demand and order situation for the first quarter 2015 is expected to seasonally improve compared to the fourth quarter 2014 and average prices in local currency are expected to be stable.