SlideShare ist ein Scribd-Unternehmen logo
1 von 19
SCA Year-end report 2012
1 January – 31 December 2012
2012
Macro update

 Global economy
     Weak Western Europe
     US showed some growth
     China still good growth
 Tissue
     Strong growth in emerging markets
     Some growth in Western Europe and North America
 Personal Care
     Good demand for incontinence products in Europe
     Stable demand for baby diapers and feminine care in Western Europe
     Strong growth in emerging markets
 Forest Products
     European demand for publication papers decreased
     Continued weak demand for solid-wood products
     Improved market balance for kraftliner

2                                                                SCA Year-end report 2012
Key events 2012
 Divestment of the Packaging business, excluding the two kraftliner mills
 Acquisition of Georgia-Pacific’s European tissue operations
 Strengthened positions in emerging markets
     Acquisition of Everbeauty in Asia
     Increased shareholding in Vinda
     Acquisition of PISA in Chile
 Joint venture in Australia/New Zealand
 Divestment of Aylesford Newsprint and Laakirchen publication paper mills
 Efficiency programs
 New hygiene organization




3                                                           SCA Year-end report 2012
SCA Group’s Priorities




      EFFICIENCY     INNOVATION     GROWTH


                   SUSTAINABILITY



4                                        SCA Year-end report 2012
Efficiency
 2012 Cost and productivity program
     Annual cost saving: EUR 300m
     Full effect in 2015
 Georgia-Pacific synergies
     Annual cost saving: EUR 125m
     Full effect in 2016
 Efficiency program in Forest Products
     Annual earnings improvement: SEK 1,300m
     Full effect in 2015




5                                               SCA Year-end report 2012
Innovation drives Profitable growth
Strengthens market positions and profitability




6                                                SCA Year-end report 2012
Growth
    Sales growth of 11%*
    High growth in emerging markets
    Acquisition of Georgia-Pacific´s
     European tissue operations
    Acquisition of Everbeauty, an Asian
     personal care company
    Acquisition of PISA, a Chilean
     tissue company




* 2012 compared with 2011, excluding exchange rate movements and divestments
    7                                                                          SCA Year-end report 2012
Summary
Full year 2012 vs full year 2011
 Sales growth 11%*
        Hygiene business, 15%*
                   Higher volumes
                   Improved product mix
                   Acquisitions
                   Strong growth in emerging markets
        Forest Products, -8%*
                Lower prices, currency impact
 EBIT increased 17%**
           Higher volumes
           Lower raw material costs
           Positive price/mix in Hygiene business, negative in Forest Products
           Cost savings
           Acquisition
 Operating cash flow increased 30%


* Excluding exchange rate movements and divestments
** Excluding items affecting comparability, exchange rate movements and divestments


8                                                                                     SCA Year-end report 2012
Full year 2012 results

    SEK millions                                                         Change,   Change,
      unless otherwise stated                           2012     2011      %          % **

    Net sales                                          85,408   81,337     5          11
    EBIT*                                               8,646    7,738     12         17
    EBIT margin* (%)                                     10.1      9.5
    Profit before tax*                                  7,382    6,413     15         21
    Earnings per share (SEK)                             7.06     0.78
    Operating cash flow                                 9,644    7,418     30
    Debt/Equity ratio                                    0.55     0.60




* Excluding items affecting comparability
** Excluding exchange rate movements and divestments

9                                                                                  SCA Year-end report 2012
Summary
Q4 2012 vs Q4 2011
 Sales growth 21%*
        Hygiene business, 25%*
                Higher volumes
                Acquisitions
                Strong growth in emerging markets
        Forest Products, -9%*
                Lower prices, currency impact
                Lower publication paper volumes
 EBIT increased 16%**
           Higher volumes
           Lower raw material costs
           Acquisition
           Cost savings
 Operating cash flow increased 17%



* Excluding exchange rate movements and divestments
** Excluding items affecting comparability, exchange rate movements and divestments


10                                                                                    SCA Year-end report 2012
Q4 2012 results

SEK millions                                                Q4         Q4    Change,    Change,
     unless otherwise stated                            2012         2011    Q4/Q4,%   Q4/Q4,%**

Net sales                                             23,445        20,935     12        21
EBIT*                                                   2,422        2,139     13        16
EBIT margin* (%)                                       10.3%        10.2%
Profit before tax*                                      2,129        1,772     20        24
Earnings per share (SEK)                                  2.97       -4.88
Operating Cash flow                                     2,446        2,092     17




* Excluding items affecting comparability
** Adjusted for exchange rate movements and excluding divestments



11                                                                                        SCA Year-end report 2012
Q4 2012 vs. Q3 2012
Summary

 Group
        Sales growth 6%
        EBIT increased 6%*

 Business areas
        Personal Care, EBIT increased 4%*
               • Higher volumes
               • Lower raw material costs
               • Improved price/mix
        Tissue, EBIT increased 11%*
               • Lower raw material costs
               • Higher volumes
               • Improved price/mix
        Forest Products, EBIT increased 13%*
               • Lower raw material costs


* Excluding exchange rate movements and items affecting comparability


12                                                                      SCA Year-end report 2012
Personal Care
Q4 2012 vs Q4 2011

                                                          Sales growth 8% (15%*)
                      7,033
                              6,529                          Incontinence care increased 9%*
                        8%                                   Baby diapers increased 17%*
                                                             Feminine care increased 11%*
                                                             Emerging markets increased 21%*
                    Q4 2012 Q4 2011

                                                          EBIT increased 12%** (16%***)
                       884
                              792
                                                             Higher volumes
                      12%**
                                                             Lower raw material costs
                                                             Cost savings

EBIT** SEKm          Q4 2012 Q4 2011

EBIT margin**        12.6% 12.1%


*   Excluding exchange rate movements and divestments
** Excluding items affecting comparability
*** Excluding items affecting comparability, exchange rate movements and divestments

13                                                                                       SCA Year-end report 2012
Tissue
Q4 2012 vs Q4 2011

                                                          Sales growth 21% (32%*)
                      12,460                                 Consumer tissue increased 38%*
                               10,280
                        21%                                  AFH tissue increased 28%*
                                                             Emerging markets increased 23%*

                                                          EBIT increased by 36%** (41%***)
SALES SEKm           Q4 2012 Q4 2011
                                                             Higher volumes
                                                             Lower raw material costs
                       1,419                                 Cost savings
                       36%**1,046




EBIT** SEKm         Q4 2012 Q4 2011

EBIT margin**         11.4 % 10.2%


*   Excluding exchange rate movements and divestments
** Excluding items affecting comparability
*** Excluding items affecting comparability, exchange rate movements and divestments
14                                                                                       SCA Year-end report 2012
Forest Products
Q4 2012 vs Q4 2011
                                                        Sales decreased 14% (9%*)
                                                         Publication papers, decreased sales
                              4,767                       • Lower prices and volumes
                     4,119
                     -14%
                                                         Solid-wood products, decreased sales
                                                          • Higher volumes
                                                          • Lower prices
                                                         Kraftliner, flat sales
SALES SEKm        Q4 2012 Q4 2011
                                                         Pulp, flat sales

                                                        EBIT decreased 34%**
                                479
                                                         Lower prices
                       318                               Negative currency impact
                      -34%**
                                                         Lower publication paper volumes
EBIT* SEKm           Q4 2012 Q4 2011


EBIT margin*           7.7%     10.0%


 * Excluding exchange rate movements and divestments
 ** Excluding items affecting comparability
15                                                                                     SCA Year-end report 2012
Dividend


     Proposed 7.1% increase of the
      dividend to SEK 4.50 (4.20)
               per share




16                            SCA Year-end report 2012
Summary
 Transformation of SCA
 Substantial efficiency programs launched
 New hygiene organization
 Good sales and earnings growth in the
  hygiene business
 Lower profitability in Forest Products
 Strong cash flow generation
 Dividend increase




17                                           SCA Year-end report 2012
Q&A



18         SCA Year-end report 2012
Presentation sca year-end report 2012

Weitere ähnliche Inhalte

Was ist angesagt?

Kemira Interim Report Q3/2011 result presentation
Kemira Interim Report Q3/2011 result presentationKemira Interim Report Q3/2011 result presentation
Kemira Interim Report Q3/2011 result presentation
Kemira Oyj
 
Stora Enso's Q4 and Full Year 2013 Results
Stora Enso's Q4 and Full Year 2013 ResultsStora Enso's Q4 and Full Year 2013 Results
Stora Enso's Q4 and Full Year 2013 Results
Stora Enso
 
Cdon group Q1 2013 and rights issue presentation
Cdon group Q1 2013 and rights issue presentationCdon group Q1 2013 and rights issue presentation
Cdon group Q1 2013 and rights issue presentation
Qliro Group AB
 

Was ist angesagt? (18)

SCA Interim Report Q3 2013
SCA Interim Report Q3 2013SCA Interim Report Q3 2013
SCA Interim Report Q3 2013
 
Presentation from SCA Interim Report Q2 2014
Presentation from SCA Interim Report Q2 2014Presentation from SCA Interim Report Q2 2014
Presentation from SCA Interim Report Q2 2014
 
SCA Presentation Q2 2016
SCA Presentation Q2 2016SCA Presentation Q2 2016
SCA Presentation Q2 2016
 
Presentation SCA Interim Report Q3 2015
Presentation SCA Interim Report Q3 2015Presentation SCA Interim Report Q3 2015
Presentation SCA Interim Report Q3 2015
 
Kemira Interim Report Q3/2011 result presentation
Kemira Interim Report Q3/2011 result presentationKemira Interim Report Q3/2011 result presentation
Kemira Interim Report Q3/2011 result presentation
 
SCA at UBS Consumer Conference 2014
SCA at UBS Consumer Conference 2014SCA at UBS Consumer Conference 2014
SCA at UBS Consumer Conference 2014
 
SCA Year-end Report Q4 2014
SCA Year-end Report Q4 2014SCA Year-end Report Q4 2014
SCA Year-end Report Q4 2014
 
Agricultural trade, and economic growth in Myanmar (Comments)
Agricultural trade, and economic growth in Myanmar (Comments)Agricultural trade, and economic growth in Myanmar (Comments)
Agricultural trade, and economic growth in Myanmar (Comments)
 
2015 capital markets day presentation by gilles van nieuwenhuyzen
2015 capital markets day presentation by gilles van nieuwenhuyzen2015 capital markets day presentation by gilles van nieuwenhuyzen
2015 capital markets day presentation by gilles van nieuwenhuyzen
 
Stora Enso's Q4 and Full Year 2013 Results
Stora Enso's Q4 and Full Year 2013 ResultsStora Enso's Q4 and Full Year 2013 Results
Stora Enso's Q4 and Full Year 2013 Results
 
2015 capital markets day presentation by seppo parvi
2015 capital markets day presentation by seppo parvi2015 capital markets day presentation by seppo parvi
2015 capital markets day presentation by seppo parvi
 
2015 capital markets day presentation by Karl Henrik Sundström
2015 capital markets day presentation by Karl Henrik Sundström2015 capital markets day presentation by Karl Henrik Sundström
2015 capital markets day presentation by Karl Henrik Sundström
 
Financial Analysts' Meeting 1H/2012 Results
Financial Analysts' Meeting 1H/2012 ResultsFinancial Analysts' Meeting 1H/2012 Results
Financial Analysts' Meeting 1H/2012 Results
 
Cdon group Q1 2013 and rights issue presentation
Cdon group Q1 2013 and rights issue presentationCdon group Q1 2013 and rights issue presentation
Cdon group Q1 2013 and rights issue presentation
 
2015 capital markets day presentation by rajah jayendran
2015 capital markets day presentation by rajah jayendran2015 capital markets day presentation by rajah jayendran
2015 capital markets day presentation by rajah jayendran
 
CEO's presentation March 21, 2018
CEO's presentation March 21, 2018CEO's presentation March 21, 2018
CEO's presentation March 21, 2018
 
Ciech - financial results 3Q2017
Ciech - financial results 3Q2017Ciech - financial results 3Q2017
Ciech - financial results 3Q2017
 
Year End Report Axfood 2011
Year End Report Axfood 2011Year End Report Axfood 2011
Year End Report Axfood 2011
 

Andere mochten auch

Andere mochten auch (19)

SCAs Annual General Meeting 2012
SCAs Annual General Meeting 2012SCAs Annual General Meeting 2012
SCAs Annual General Meeting 2012
 
Deutsche Bank Global Consumer Conference 21 June 2012
Deutsche Bank Global Consumer Conference 21 June 2012Deutsche Bank Global Consumer Conference 21 June 2012
Deutsche Bank Global Consumer Conference 21 June 2012
 
Presentation SCA interim report Q2 2011
Presentation SCA interim report Q2 2011Presentation SCA interim report Q2 2011
Presentation SCA interim report Q2 2011
 
SCA CFO Lennart Persson presentation at SEB TMC seminar September 22 2011
SCA CFO Lennart Persson presentation at SEB TMC seminar September 22 2011SCA CFO Lennart Persson presentation at SEB TMC seminar September 22 2011
SCA CFO Lennart Persson presentation at SEB TMC seminar September 22 2011
 
SCA's presentation from the ABG Consumer Seminar in Stockholm
SCA's presentation from the ABG Consumer Seminar in StockholmSCA's presentation from the ABG Consumer Seminar in Stockholm
SCA's presentation from the ABG Consumer Seminar in Stockholm
 
SCA interim report Q1 2011
SCA interim report Q1 2011SCA interim report Q1 2011
SCA interim report Q1 2011
 
SCA presentation Cheuvreux Climate Change 6 conference
SCA presentation Cheuvreux Climate Change 6 conferenceSCA presentation Cheuvreux Climate Change 6 conference
SCA presentation Cheuvreux Climate Change 6 conference
 
SCA presentation at Cheuvreux Pan Europe Forum 2011
SCA presentation at Cheuvreux Pan Europe Forum 2011SCA presentation at Cheuvreux Pan Europe Forum 2011
SCA presentation at Cheuvreux Pan Europe Forum 2011
 
SCA Presentation at the Handelsbanken Materials and Energy Seminar
SCA Presentation at the Handelsbanken Materials and Energy SeminarSCA Presentation at the Handelsbanken Materials and Energy Seminar
SCA Presentation at the Handelsbanken Materials and Energy Seminar
 
SCA's presentation at SEB Enskilda TMC Seminar
SCA's presentation at SEB Enskilda TMC SeminarSCA's presentation at SEB Enskilda TMC Seminar
SCA's presentation at SEB Enskilda TMC Seminar
 
SCA's presentation from Handelsbanken Conference 120910
SCA's presentation from Handelsbanken Conference 120910SCA's presentation from Handelsbanken Conference 120910
SCA's presentation from Handelsbanken Conference 120910
 
SCAs Presentation Q1 2015
SCAs Presentation Q1 2015SCAs Presentation Q1 2015
SCAs Presentation Q1 2015
 
SCA's Presentation at the Cheuvreux Pan Europe Forum 22 May 2012
SCA's Presentation at the Cheuvreux Pan Europe Forum 22 May 2012SCA's Presentation at the Cheuvreux Pan Europe Forum 22 May 2012
SCA's Presentation at the Cheuvreux Pan Europe Forum 22 May 2012
 
SCA delivers binding offer to acquire Georgia-Pacific´s European tissue opera...
SCA delivers binding offer to acquire Georgia-Pacific´s European tissue opera...SCA delivers binding offer to acquire Georgia-Pacific´s European tissue opera...
SCA delivers binding offer to acquire Georgia-Pacific´s European tissue opera...
 
SCA interim report Q2 2012
SCA interim report Q2 2012SCA interim report Q2 2012
SCA interim report Q2 2012
 
SCA Morgan Stanley Consumer Goods, New York
SCA Morgan Stanley Consumer Goods, New YorkSCA Morgan Stanley Consumer Goods, New York
SCA Morgan Stanley Consumer Goods, New York
 
Handelsbanken retail and consumer seminar 2012
Handelsbanken retail and consumer seminar 2012Handelsbanken retail and consumer seminar 2012
Handelsbanken retail and consumer seminar 2012
 
SCA Presentation - Interim report for Q1 2013
SCA Presentation - Interim report for Q1 2013SCA Presentation - Interim report for Q1 2013
SCA Presentation - Interim report for Q1 2013
 
SCA at CAGE Conference 2014
SCA at CAGE Conference 2014SCA at CAGE Conference 2014
SCA at CAGE Conference 2014
 

Ähnlich wie Presentation sca year-end report 2012

Q3 2012 Results Investor Presentation
Q3 2012 Results Investor PresentationQ3 2012 Results Investor Presentation
Q3 2012 Results Investor Presentation
AkzoNobel
 
AkzoNobel Q1 2012 Media Presentation
AkzoNobel Q1 2012 Media PresentationAkzoNobel Q1 2012 Media Presentation
AkzoNobel Q1 2012 Media Presentation
AkzoNobel
 
AkzoNobel Q2 2012 Investor Presentation
AkzoNobel Q2 2012 Investor PresentationAkzoNobel Q2 2012 Investor Presentation
AkzoNobel Q2 2012 Investor Presentation
AkzoNobel
 
AkzoNobel Q1 2012 Investor Presentation
AkzoNobel Q1 2012 Investor PresentationAkzoNobel Q1 2012 Investor Presentation
AkzoNobel Q1 2012 Investor Presentation
AkzoNobel
 
Nobia Q1 2012 presentation
Nobia Q1 2012 presentationNobia Q1 2012 presentation
Nobia Q1 2012 presentation
Nobia Group
 
AkzoNobel Q2 2013 Investor Presentation
AkzoNobel Q2 2013 Investor PresentationAkzoNobel Q2 2013 Investor Presentation
AkzoNobel Q2 2013 Investor Presentation
AkzoNobel
 
PostNord -Year-end Report 2012
PostNord -Year-end Report 2012 PostNord -Year-end Report 2012
PostNord -Year-end Report 2012
PostNord
 
H1 2012 Results Investor Presentation
H1 2012 Results Investor PresentationH1 2012 Results Investor Presentation
H1 2012 Results Investor Presentation
Melbourne IT
 
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update PresentationAkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
AkzoNobel
 
BG Group FY2012 results presentation
BG Group FY2012 results presentationBG Group FY2012 results presentation
BG Group FY2012 results presentation
TradeWindsnews
 
Kemira q4 2012 presentation
Kemira q4 2012 presentationKemira q4 2012 presentation
Kemira q4 2012 presentation
Kemira Oyj
 
E result q3_2012_web
E result q3_2012_webE result q3_2012_web
E result q3_2012_web
Stora Enso
 

Ähnlich wie Presentation sca year-end report 2012 (20)

Q3 2012 Results Investor Presentation
Q3 2012 Results Investor PresentationQ3 2012 Results Investor Presentation
Q3 2012 Results Investor Presentation
 
AkzoNobel Q1 2012 Media Presentation
AkzoNobel Q1 2012 Media PresentationAkzoNobel Q1 2012 Media Presentation
AkzoNobel Q1 2012 Media Presentation
 
AkzoNobel Q2 2012 Investor Presentation
AkzoNobel Q2 2012 Investor PresentationAkzoNobel Q2 2012 Investor Presentation
AkzoNobel Q2 2012 Investor Presentation
 
AkzoNobel Q1 2012 Investor Presentation
AkzoNobel Q1 2012 Investor PresentationAkzoNobel Q1 2012 Investor Presentation
AkzoNobel Q1 2012 Investor Presentation
 
Nobia Q1 2012 presentation
Nobia Q1 2012 presentationNobia Q1 2012 presentation
Nobia Q1 2012 presentation
 
AkzoNobel Q2 2013 Investor Presentation
AkzoNobel Q2 2013 Investor PresentationAkzoNobel Q2 2013 Investor Presentation
AkzoNobel Q2 2013 Investor Presentation
 
Wessanen Q3 2012 analyst&investors presentation
Wessanen Q3 2012 analyst&investors presentationWessanen Q3 2012 analyst&investors presentation
Wessanen Q3 2012 analyst&investors presentation
 
PostNord -Year-end Report 2012
PostNord -Year-end Report 2012 PostNord -Year-end Report 2012
PostNord -Year-end Report 2012
 
Stora Enso Interim Review Q2 2012
Stora Enso Interim Review Q2 2012Stora Enso Interim Review Q2 2012
Stora Enso Interim Review Q2 2012
 
4Q 2012 Presentation
4Q 2012 Presentation4Q 2012 Presentation
4Q 2012 Presentation
 
Resultados bayer
Resultados bayerResultados bayer
Resultados bayer
 
H1 2012 Results Investor Presentation
H1 2012 Results Investor PresentationH1 2012 Results Investor Presentation
H1 2012 Results Investor Presentation
 
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update PresentationAkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update Presentation
 
Gunnebo Year-End Release 2012
Gunnebo Year-End Release 2012Gunnebo Year-End Release 2012
Gunnebo Year-End Release 2012
 
Halma plc Half Year Results Presentation 2012
Halma plc Half Year Results Presentation 2012Halma plc Half Year Results Presentation 2012
Halma plc Half Year Results Presentation 2012
 
FY10 financial results
FY10 financial resultsFY10 financial results
FY10 financial results
 
Presentation of SCA's interim report Q2 2010
Presentation of SCA's interim report Q2 2010Presentation of SCA's interim report Q2 2010
Presentation of SCA's interim report Q2 2010
 
BG Group FY2012 results presentation
BG Group FY2012 results presentationBG Group FY2012 results presentation
BG Group FY2012 results presentation
 
Kemira q4 2012 presentation
Kemira q4 2012 presentationKemira q4 2012 presentation
Kemira q4 2012 presentation
 
E result q3_2012_web
E result q3_2012_webE result q3_2012_web
E result q3_2012_web
 

Mehr von SCA Svenska Cellulosa Aktiebolaget

Mehr von SCA Svenska Cellulosa Aktiebolaget (8)

SCA Presentation Q1 report 2016
SCA Presentation Q1 report 2016SCA Presentation Q1 report 2016
SCA Presentation Q1 report 2016
 
SCA Interim Report Q1 2014
SCA Interim Report Q1 2014SCA Interim Report Q1 2014
SCA Interim Report Q1 2014
 
SCA's presentation from UBS European Conference
SCA's presentation from UBS European ConferenceSCA's presentation from UBS European Conference
SCA's presentation from UBS European Conference
 
SCA Capital Market Day 2012
SCA Capital Market Day 2012SCA Capital Market Day 2012
SCA Capital Market Day 2012
 
SCA's Presentation from the ABGSC SRI conference, June 12 - 2012
SCA's Presentation from the ABGSC SRI conference, June 12 - 2012SCA's Presentation from the ABGSC SRI conference, June 12 - 2012
SCA's Presentation from the ABGSC SRI conference, June 12 - 2012
 
SCAs årsstämma 2012
SCAs årsstämma 2012SCAs årsstämma 2012
SCAs årsstämma 2012
 
This is SCA leaflet 2010 / 2011
This is SCA leaflet 2010 / 2011This is SCA leaflet 2010 / 2011
This is SCA leaflet 2010 / 2011
 
Handelsbanken consumer seminar - SCA presentation by Mats Berencreutz
Handelsbanken consumer seminar - SCA presentation by Mats BerencreutzHandelsbanken consumer seminar - SCA presentation by Mats Berencreutz
Handelsbanken consumer seminar - SCA presentation by Mats Berencreutz
 

Presentation sca year-end report 2012

  • 1. SCA Year-end report 2012 1 January – 31 December 2012
  • 2. 2012 Macro update  Global economy  Weak Western Europe  US showed some growth  China still good growth  Tissue  Strong growth in emerging markets  Some growth in Western Europe and North America  Personal Care  Good demand for incontinence products in Europe  Stable demand for baby diapers and feminine care in Western Europe  Strong growth in emerging markets  Forest Products  European demand for publication papers decreased  Continued weak demand for solid-wood products  Improved market balance for kraftliner 2 SCA Year-end report 2012
  • 3. Key events 2012  Divestment of the Packaging business, excluding the two kraftliner mills  Acquisition of Georgia-Pacific’s European tissue operations  Strengthened positions in emerging markets  Acquisition of Everbeauty in Asia  Increased shareholding in Vinda  Acquisition of PISA in Chile  Joint venture in Australia/New Zealand  Divestment of Aylesford Newsprint and Laakirchen publication paper mills  Efficiency programs  New hygiene organization 3 SCA Year-end report 2012
  • 4. SCA Group’s Priorities EFFICIENCY INNOVATION GROWTH SUSTAINABILITY 4 SCA Year-end report 2012
  • 5. Efficiency  2012 Cost and productivity program  Annual cost saving: EUR 300m  Full effect in 2015  Georgia-Pacific synergies  Annual cost saving: EUR 125m  Full effect in 2016  Efficiency program in Forest Products  Annual earnings improvement: SEK 1,300m  Full effect in 2015 5 SCA Year-end report 2012
  • 6. Innovation drives Profitable growth Strengthens market positions and profitability 6 SCA Year-end report 2012
  • 7. Growth  Sales growth of 11%*  High growth in emerging markets  Acquisition of Georgia-Pacific´s European tissue operations  Acquisition of Everbeauty, an Asian personal care company  Acquisition of PISA, a Chilean tissue company * 2012 compared with 2011, excluding exchange rate movements and divestments 7 SCA Year-end report 2012
  • 8. Summary Full year 2012 vs full year 2011  Sales growth 11%*  Hygiene business, 15%*  Higher volumes  Improved product mix  Acquisitions  Strong growth in emerging markets  Forest Products, -8%*  Lower prices, currency impact  EBIT increased 17%**  Higher volumes  Lower raw material costs  Positive price/mix in Hygiene business, negative in Forest Products  Cost savings  Acquisition  Operating cash flow increased 30% * Excluding exchange rate movements and divestments ** Excluding items affecting comparability, exchange rate movements and divestments 8 SCA Year-end report 2012
  • 9. Full year 2012 results SEK millions Change, Change, unless otherwise stated 2012 2011 % % ** Net sales 85,408 81,337 5 11 EBIT* 8,646 7,738 12 17 EBIT margin* (%) 10.1 9.5 Profit before tax* 7,382 6,413 15 21 Earnings per share (SEK) 7.06 0.78 Operating cash flow 9,644 7,418 30 Debt/Equity ratio 0.55 0.60 * Excluding items affecting comparability ** Excluding exchange rate movements and divestments 9 SCA Year-end report 2012
  • 10. Summary Q4 2012 vs Q4 2011  Sales growth 21%*  Hygiene business, 25%*  Higher volumes  Acquisitions  Strong growth in emerging markets  Forest Products, -9%*  Lower prices, currency impact  Lower publication paper volumes  EBIT increased 16%**  Higher volumes  Lower raw material costs  Acquisition  Cost savings  Operating cash flow increased 17% * Excluding exchange rate movements and divestments ** Excluding items affecting comparability, exchange rate movements and divestments 10 SCA Year-end report 2012
  • 11. Q4 2012 results SEK millions Q4 Q4 Change, Change, unless otherwise stated 2012 2011 Q4/Q4,% Q4/Q4,%** Net sales 23,445 20,935 12 21 EBIT* 2,422 2,139 13 16 EBIT margin* (%) 10.3% 10.2% Profit before tax* 2,129 1,772 20 24 Earnings per share (SEK) 2.97 -4.88 Operating Cash flow 2,446 2,092 17 * Excluding items affecting comparability ** Adjusted for exchange rate movements and excluding divestments 11 SCA Year-end report 2012
  • 12. Q4 2012 vs. Q3 2012 Summary  Group  Sales growth 6%  EBIT increased 6%*  Business areas  Personal Care, EBIT increased 4%* • Higher volumes • Lower raw material costs • Improved price/mix  Tissue, EBIT increased 11%* • Lower raw material costs • Higher volumes • Improved price/mix  Forest Products, EBIT increased 13%* • Lower raw material costs * Excluding exchange rate movements and items affecting comparability 12 SCA Year-end report 2012
  • 13. Personal Care Q4 2012 vs Q4 2011  Sales growth 8% (15%*) 7,033 6,529  Incontinence care increased 9%* 8%  Baby diapers increased 17%*  Feminine care increased 11%*  Emerging markets increased 21%* Q4 2012 Q4 2011  EBIT increased 12%** (16%***) 884 792  Higher volumes 12%**  Lower raw material costs  Cost savings EBIT** SEKm Q4 2012 Q4 2011 EBIT margin** 12.6% 12.1% * Excluding exchange rate movements and divestments ** Excluding items affecting comparability *** Excluding items affecting comparability, exchange rate movements and divestments 13 SCA Year-end report 2012
  • 14. Tissue Q4 2012 vs Q4 2011  Sales growth 21% (32%*) 12,460  Consumer tissue increased 38%* 10,280 21%  AFH tissue increased 28%*  Emerging markets increased 23%*  EBIT increased by 36%** (41%***) SALES SEKm Q4 2012 Q4 2011  Higher volumes  Lower raw material costs 1,419  Cost savings 36%**1,046 EBIT** SEKm Q4 2012 Q4 2011 EBIT margin** 11.4 % 10.2% * Excluding exchange rate movements and divestments ** Excluding items affecting comparability *** Excluding items affecting comparability, exchange rate movements and divestments 14 SCA Year-end report 2012
  • 15. Forest Products Q4 2012 vs Q4 2011  Sales decreased 14% (9%*)  Publication papers, decreased sales 4,767 • Lower prices and volumes 4,119 -14%  Solid-wood products, decreased sales • Higher volumes • Lower prices  Kraftliner, flat sales SALES SEKm Q4 2012 Q4 2011  Pulp, flat sales  EBIT decreased 34%** 479  Lower prices 318  Negative currency impact -34%**  Lower publication paper volumes EBIT* SEKm Q4 2012 Q4 2011 EBIT margin* 7.7% 10.0% * Excluding exchange rate movements and divestments ** Excluding items affecting comparability 15 SCA Year-end report 2012
  • 16. Dividend Proposed 7.1% increase of the dividend to SEK 4.50 (4.20) per share 16 SCA Year-end report 2012
  • 17. Summary  Transformation of SCA  Substantial efficiency programs launched  New hygiene organization  Good sales and earnings growth in the hygiene business  Lower profitability in Forest Products  Strong cash flow generation  Dividend increase 17 SCA Year-end report 2012
  • 18. Q&A 18 SCA Year-end report 2012