• Nordic Paper Holding AB - Review Q3 2024 Report

  • Oct 30 2024
  • Length: 11 mins
  • Podcast

Nordic Paper Holding AB - Review Q3 2024 Report

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  • Summary

  • Nordic Paper released its Q3 2024 interim report, highlighting stable performance with a 2% increase in net sales reaching SEK 1,100 million, a new record for a third quarter.12 Excluding negative currency effects, net sales actually increased by 4%.2


    Key Highlights:

    ● Demand for Nordic Paper’s specialty paper products stayed strong across all product areas.2

    ● Sales volume remained consistent with the same quarter last year.2

    ● The company implemented successful sales price increases, leading to higher average prices compared to the previous year.2

    ● EBITDA reached SEK 106 million, in line with Q3 2023, with a 9.6% margin.3

    ● The company boasts a robust balance sheet with a low net debt/EBITDA ratio of 1.4.3


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