Clean EBIT SEK 149m vs. ABGSCe SEK 90m
Clean EBIT was SEK 149m, which compares to our estimate of SEK 90m. The deviation was mainly driven by higher realised prices/mix (+7% vs. ABGSCe), better volumes (+3% vs. ABGSCe) and higher production (+5% vs. ABGSCe, positive effect through fixed costs). EPS came in at SEK 0.77 vs. our estimate of SEK 0.46.
We had the following EBIT bridge in our estimates: Q4 EBIT was SEK 61m. SEK +80m from maintenance/volume/mix effects, SEK +10m from lower chemical costs, SEK +10m from lower personnel expenses, SEK -35m from higher wood costs, SEK -25m from lower prices net of hedging and SEK -10m from FX.
Aktuellt
SENASTE
