Rottneros – Financial tables EN

Key figures

Quarterly

Key financial ratios, Quarterly

Factors affecting turnover	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023	Q1-2023	Q4-2022	Q3-2022	Q2-2022	Q1-2022	Q4-2021	Q3-2021	Q2-2021	Q1-2021	Q4-2020	Q3-2020	Q2-2020	Q1-2020	Q4-2019	Q3-2019	Q2-2019	Q1-2019	Q4-2018	Q3-2018	Q2-2018	Q1-2018	Q4-2017	Q3-2017	Q2-2017	Q1-2017	Q4-2016	Q3-2016	Q2-2016	Q1-2016	Q4-2015	Q3-2015	Q2-2015	Q1-2015	Q4-2014	Q3-2014	Q2-2014	Q1-2014	Q4-2013	Q3-2013	Q2-2013	Q1-2013	Q4-2012	Q3-2012	Q2-2012	Q1-2012	Q4-2011	Q3-2011	Q2-2011	Q1-2011	Q4-2010	Q3-2010	Q2-2010	Q1-2010	Q4-2009	Q3-2009	Q2-2009	Q1-2009	Q4-2008	Q3-2008	Q2-2008	Q1-2008	Q4-2007	Q3-2007	Q2-2007	Q1-2007	Q4-2006	Q3-2006	Q2-2006	Q1-2006	Q4-2005	Q3-2005
Pulp price, NBSK list price, USD 1)	1,603	1,511	1,332	1,192	1,175	1,307	1,397	1,463	1,480	1,381	1,291	1,307	1,336	1,191	958	855	841	850	826	825	913	1,048	1,148	1,223	1,227	1,159	1,059	956	895	860	817	809	811	797	792	820	846	855	907	932	929	924	916	894	861	851	823	792	786	845	833	887	992	1,008	954	957	976	943	844	770	670	591	595	746	885	900	878	844	803	777	752	725	704	655	615	598	587
USD/SEK 2)	10.43	10.69	10.39	10.69	10.81	10.52	10.43	10.72	10.55	9.84	9.35	8.85	8.65	8.41	8.40	8.63	8.87	9.68	9.67	9.63	9.59	9.45	9.17	9.04	8.95	8.67	8.11	8.32	8.14	8.80	8.92	9.04	8.52	8.21	8.46	8.50	8.48	8.42	8.34	7.42	6.95	6.53	6.46	6.51	6.55	6.56	6.43	6.66	6.75	6.95	6.75	6.75	6.48	6.26	6.49	6.78	7.27	7.58	7.19	7.00	7.29	7.92	8.40	7.79	6.31	5.99	6.28	6.42	6.75	6.87	7.01	7.08	7.24	7.41	7.77	7.96	7.69
Pulp price, NBSK list price, SEK	16,727	16,150	13,839	12,736	12,706	13,749	14,568	15,693	15,613	13,589	12,063	11,573	11,557	10,012	8,044	7,382	7,465	8,226	7,988	7,950	8,753	9,900	10,527	11,056	10,983	10,047	8,584	7,949	7,279	7,572	7,290	7,313	6,912	6,541	6,699	6,970	7,173	7,199	7,560	6,916	6,452	6,035	5,919	5,821	5,641	5,583	5,295	5,272	5,308	5,870	5,620	5,985	6,425	6,312	6,192	6,493	7,098	7,156	6,073	5,396	4,880	4,685	4,997	5,808	5,584	5,391	5,514	5,417	5,417	5,340	5,268	5,141	5,097	4,846	4,779	4,755	4,517
Rottneros' deliveries, tonnes	82,100	88,600	89,800	84,500	102,300	82,900	87,200	86,500	95,900	106,000	100,000	95,500	92,500	103,200	112,000	106,500	106,900	93,100	110,000	103,200	110,800	95,200	99,100	94,300	92,500	97,500	98,200	100,100	95,700	98,900	101,200	92,800	95,600	92,800	92,900	91,300	94,700	95,300	90,900	78,300	89,200	89,500	87,200	76,200	82,600	87,800	85,600	79,300	85,000	82,400	84,700	72,700	74,300	81,000	83,400	80,400	75,800	86,800	87,300	81,900	89,700	99,400	105,700	118,400	137,100	186,300	176,100	174,100	164,500	193,200	182,900	178,900	168,700	164,200	187,700	165,800	175,700

Sales and income, SEK m
Net turnover	686	711	688	637	693	681	744	730	806	784	660	598	570	593	542	490	508	510	585	547	617	582	630	580	567	576	537	496	472	472	472	441	444	413	432	429	455	456	454	370	404	394	380	317	349	369	353	329	359	378	371	337	367	409	400	402	413	462	407	363	345	367	433	534	601	780	748	721	687	779	740	713	662	615	700	607	641
EBITDA	70	65	35	-76	79	71	178	31	233	254	174	88	130	127	40	-65	32	31	80	-5	81	131	167	39	136	118	101	21	66	83	77	1	61	73	86	18	95	90	118	28	67	45	35	-27	7	-1	10	16	-15	50	10	-40	-50	54	39	35	88	61	40	32	-45	31	-80	4	14	-19	-81	9	-44	51	60	69	47	36	-4	17	-24
Depreciation/amortisation/write-downs	-30	-35	-30	-24	-30	-30	-29	-30	-49	-34	-29	-30	-29	-30	-29	-30	-28	-29	-32	-25	-27	-28	-26	-27	-25	-24	-23	-28	-22	-21	-20	-5	-15	-16	-15	-15	-14	-14	-14	-15	-14	-14	-14	-15	-96	-15	-16	-15	-13	-14	-13	-3	-81	-18	-18	-20	-20	-13	-33	-26	-25	-23	-30	-139	-27	-29	-29	-320	-38	-40	-38	-42	-36	-38	-39	-34	-37
EBIT	40	30	5	-100	49	41	149	1	185	219	145	58	101	97	11	-95	4	2	48	-30	54	103	141	12	111	94	78	-7	44	62	57	-4	46	57	71	3	81	76	104	13	53	31	21	-43	-89	-16	-6	1	-28	36	-3	-43	-131	36	21	15	68	48	7	6	-70	8	-110	-135	-13	-48	-110	-311	-82	11	22	27	11	-2	-43	-17	-61
Net financial items	-4	0	-8	19	-7	3	-1	10	156	-1	-1	-1	-11	-4	-4	-4	-5	-5	-5	-6	-5	-5	-5	-5	-5	-4	-5	-5	-3	0	-1	-3	-1	-1	-2	-2	-1	-1	-1	1	-2	0	-1	-1	-2	-4	2	-1	2	0	-1	-1	-1	1	-2	-2	-4	2	4	-6	113	-5	-5	-34	-24	-9	-12	-10	0	-6	-8	-6	-10	0	0	-4	-4
Profit/loss after financial items	35	30	-3	-81	42	44	148	11	341	219	144	57	90	93	7	-99	-1	-3	43	-36	49	98	136	7	106	90	73	-12	41	62	56	-7	45	56	69	1	80	75	103	13	52	31	20	-43	-91	-20	-4	0	-26	36	-4	-44	-132	37	19	13	64	50	11	0	43	3	-115	-169	-37	-57	-122	-321	-82	5	14	21	1	-2	-43	-21	-65
Net income	28	22	-2	-64	33	34	118	9	270	172	114	49	71	74	5	-77	-1	-3	32	-29	38	77	108	9	82	73	57	-10	32	49	43	-6	34	46	54	1	62	81	80	55	41	24	16	-43	-91	-20	-4	-10	-26	27	-4	-48	-136	26	14	8	64	50	11	0	43	3	-115	-178	-24	-40	-89	-250	-60	4	5	24	-1	2	-33	-4	-45

Balance sheet items, SEK m
Non-current assets	1,638	1,568	1,470	1,470	1,415	1,450	1,406	1,501	1,591	1,729	1,410	1,339	1,328	1,267	1,266	1,285	1,276	1,287	1,296	1,280	1,254	1,260	1,273	1,290	1,217	1,164	1,099	1,078	1,015	965	927	905	814	752	717	706	660	662	659	691	647	695	697	647	701	787	796	809	826	834	843	841	758	867	861	867	840	853	848	849	875	903	1,049	1,149	1,270	1,209	1,169	1,123	1,352	1,340	1,356	1,363	1,375	1,384	1,424	1,435	1,423
Inventories	556	489	459	493	534	583	524	436	375	385	364	327	336	351	309	355	407	415	380	375	404	460	415	389	385	345	296	279	315	299	283	278	299	309	276	267	268	272	259	255	236	224	217	246	227	259	260	240	222	252	238	276	277	273	248	213	211	206	200	215	211	282	352	447	481	464	534	493	475	377	390	397	416	426	384	430	428
Current receivables	664	635	626	658	610	678	815	1,020	1,232	793	647	555	407	397	335	287	339	352	350	342	467	416	418	484	496	482	426	324	358	301	285	290	320	263	263	244	273	260	287	226	243	264	212	174	207	235	232	219	255	262	262	209	254	241	300	259	301	265	268	230	254	274	337	391	463	583	512	572	589	607	571	570	689	695	753	595	602
Cash and cash equivalents	68	16	95	196	364	382	578	465	431	271	134	161	133	386	331	330	361	323	387	376	394	337	364	238	257	239	280	326	340	11	17	16	85	79	159	169	221	165	116	89	74	25	25	35	40	46	39	26	15	35	14	21	89	89	86	155	165	163	141	111	26	22	35	45	103	156	125	121	94	105	150	122	110	118	120	125	124
Non-current assets held for sale															-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets from discontinued operations															-	-	-		-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	18
Equity	1,746	1,725	1,729	1,858	1,915	2,002	2,188	2,256	2,479	2,117	1,710	1,527	1,423	1,374	1,272	1,301	1,338	1,338	1,299	1,380	1,540	1,492	1,514	1,460	1,407	1,325	1,271	1,207	1,226	1,170	1,171	1,151	1,142	1,089	1,107	1,058	1,125	1,068	1,054	975	915	869	838	825	879	960	985	993	1,004	1,024	1,013	1,014	1,073	1,220	1,240	1,228	1,226	1,158	1,107	1,089	684	639	699	810	944	942	956	1,050	1,296	1,352	1,363	1,403	1,452	1,481	1,525	1,523	1,526
Non-current interest-bearing liabilities	96	46	51	59	68	76	103	111	120	128	136	145	161	411	411	411	411	411	413	411	411	411	410	395	395	395	394	394	394	70	19	-	-	-	-	-	-	-	-	30	30				-	-	0		2	3	5	5	6	8	9	10	11	13	50	57	378	558	686	692	170	171	172	173	174	175	176	177	179	179	180	180	182
Non-current non-interest-bearing liabilities	192	170	165	223	215	258	279	325	366	309	224	207	166	161	170	150	205	195	236	176	188	175	152	137	127	104	72	52	56	41	31	14	15	23	29	18	18	10	4	9	10	12	15	13	12	15	15	15	18	16	16	11	8	1	0	0	1	1	1	1	0	0	16	14	27	44	51	49	82	96	82	85	103	110	106	118	136
Current interest-bearing liabilities	174	82	32	32	32	32									-	-	-	-	1		-	-	-	-	-	-	-	-	-	8	-	14	-	-	-	-	-	-	-	-	-	67	50	60	49	91	72	78	48	68	83	42	5	4	5	29	38	49	37	44	55	40	67	82	543	547	490	452	294	246	298	304	352	413	375	375	337
Current non-interest-bearing liabilities	718	685	673	645	693	725	753	730	664	624	485	503	454	455	388	395	429	433	464	406	379	395	394	409	426	406	364	354	352	287	291	310	361	291	279	310	279	281	263	247	278	260	248	263	235	261	256	208	246	272	240	275	286	237	241	227	241	266	262	214	249	244	383	434	633	708	671	585	664	560	548	483	504	440	495	405	414
Liabilities from discontinued operations															-	-	-	-	-		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-
Total assets	2,926	2,708	2,650	2,817	2,923	3,093	3,323	3,422	3,629	3,178	2,555	2,382	2,204	2,401	2,241	2,257	2,383	2,377	2,413	2,373	2,518	2,473	2,470	2,401	2,355	2,230	2,101	2,007	2,028	1,576	1,512	1,489	1,518	1,403	1,415	1,386	1,422	1,359	1,321	1,261	1,233	1,208	1,151	1,161	1,175	1,327	1,328	1,294	1,318	1,383	1,357	1,347	1,378	1,470	1,495	1,494	1,517	1,487	1,457	1,405	1,366	1,481	1,851	2,032	2,317	2,412	2,340	2,309	2,510	2,429	2,467	2,452	2,590	2,623	2,681	2,611	2,595

Key ratios
EBITDA margin,%	10.2	9.2	5.1	-11.9	11.3	10.4	23.9	4.2	28.9	32.3	26.4	16.7	22.9	21.3	7.4	-13.3	6.3	6.1	13.7	-0.9	20.7	22.5	26.5	6.7	24.0	20.5	18.8	4.2	14.0	17.6	16.3	0.2	13.7	17.7	19.9	4.2	20.9	19.7	26.0	7.6	16.6	11.4	9.2	-8.5	2.0	-0.3	2.8	4.9	-4.2	13.2	2.7	-11.9	-13.6	13.2	9.8	8.7	21.3	13.2	9.8	8.8	-13.0	8.4	-18.5	0.7	2.3	-2.4	-10.8	1.2	-6.4	6.5	8.1	9.7	7.1	5.9	-0.6	2.8	-3.7
EBIT margin,%	5.8	4.2	0.7	-15.6	7.0	6.0	20.0	0.1	22.9	28.0	22.0	11.6	17.8	16.3	2.0	-19.4	0.8	0.4	8.2	-5.5	16.3	17.7	22.4	2.1	19.6	16.3	14.5	-1.4	11.5	13.1	12.1	-1.0	10.4	13.8	16.4	0.7	17.8	16.7	22.9	3.4	13.2	8.0	5.7	Neg	Neg	Neg	Neg	0.1	-7.5	9.7	-0.9	-12.9	-35.7	8.8	5.2	3.5	16.7	10.3	1.7	1.5	-20.3	2.3	-25.4	-25.1	-2.2	-6.2	-14.6	-43.1	-12.0	1.4	2.9	3.8	1.5	-0.3	-6.1	-2.7	-9.5
Profit margin,%	4.1	3.2	-0.4	-12.8	6.1	6.4	19.9	1.3	33.4	22.0	17.2	8.1	12.5	12.4	1.0	-20.2	-0.2	-0.6	7.4	-6.6	15.5	16.8	21.6	1.2	18.7	15.6	13.6	-2.4	8.7	13.1	3.7	-1.5	10.1	13.6	16.0	0.2	17.6	16.4	22.7	3.4	12.9	8.0	5.3	Neg	Neg	Neg	Neg	-0.3	-7.5	9.7	-1.2	-13.2	-35.8	9.1	4.7	3.1	15.7	10.7	2.8	-0.1	12.5	0.7	-26.5	-31.5	-6.2	-7.3	-16.3	-44.6	-11.9	0.7	1.8	3.1	0.0	-0.4	-6.1	-3.4	-10.0
Return on capital employed,%	2.1	1.7	0.3	-5.8	2.4	2.4	8.2	0.0	8.9	11.9	9.0	3.9	7.1	7.0	0.8	-6.9	0.3	4.9	12.1	-2.0	3.5	6.6	8.9	0.8	7.3	6.5	5.9	-0.5	3.5	5.2	4.9	-0.4	4.5	5.9	7.7	0.3	9.0	8.2	11.2	1.5	5.9	3.5	2.5	Neg	Neg	Neg	Neg	0.1	Neg	3.4	Neg	Neg	Neg	3.1	1.8	1.4	6.3	4.5	0.7	0.6	Neg	0.6	Neg	Neg	Neg	Neg	Neg	Neg	Neg	0.7	1.3	1.5	0.6	Neg	Neg	Neg	Neg
Return on equity,%	1.6	1.3	-0.1	-3.4	1.7	1.6	5.3	0.4	11.7	9.0	7.0	3.3	5.1	5.6	0.4	-5.9	-0.1	2.7	8.4	-2.0	2.6	5.1	7.2	0.6	6.1	5.6	4.6	-0.9	2.7	4.2	3.7	-0.5	3.1	4.2	5.0	0.1	5.7	7.6	7.9	5.8	4.6	2.8	1.9	Neg	Neg	Neg	Neg	Neg	Neg	2.7	Neg	Neg	Neg	2.1	1.1	0.7	5.4	4.4	1.0	0.0	6.5	0.4	Neg	Neg	Neg	Neg	Neg	Neg	Neg	0.3	0.4	1.7	Neg	0.1	Neg	Neg	Neg
Equity/assets ratio,%	60	65	65	66	66	65	66	66	68	67	67	64	65	57	57	58	56	56	54	58	61	60	61	61	60	59	60	60	60	74	77	77	75	78	78	76	79	79	78	77	74	72	73	71	75	72	74	77	76	74	75	75	78	83	83	82	81	78	76	78	50	43	38	40	41	39	41	45	52	56	55	57	56	56	57	58	59
Debt/equity ratio	11.6	6.6	-0.7	-5.6	-13.8	-13.7	-21.7	-15.7	-12.6	-6.8	0.0	-1.0	2.0	1.8	6.3	0.1	0.0	0.1	0.0	0.0	0.0	0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	-0.1	-0.1	-0.1	-0.2	-0.2	-0.2	-0.1	-0.1	-0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.1	0.0	0.0	0.1	0.0	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	0.1	0.1	0.6	0.9	1.1	1.0	0.8	0.8	0.7	0.6	0.4	0.3	0.4	0.3	0.4	0.4	0.4	0.4	0.3
Interest coverage ratio	9	24	1	20	6	11	107	0	-1	212	128	46	9	25	3	-19.7	0.9	0	9	-5	12	22	27	2	21	18	16	-1	14	51	53	-2	31	22	43	2	62	62	91	13	27	32	20	Neg	Neg	Neg	Neg	2.2	Neg	31.1	Neg	Neg	Neg	23.3	25.2	9.6	32.1	22.7	9.0	Neg	Neg	Neg	Neg	Neg	Neg	Neg	Neg	Neg	Neg	2.1	3.1	4.5	1.0	0.6	Neg	Neg	Neg
Equity/share, SEK 3)	11.45	11.30	11.33	12.18	12.55	13.12	14.34	14.78	16.25	13.87	11.21	10.01	9.33	9.00	8.34	8.53	8.77	8.77	8.51	9.05	10.09	9.78	9.92	9.57	9.22	8.68	8.33	7.91	8.04	7.67	7.68	7.54	7.49	7.14	7.25	6.93	7.37	7.00	6.91	6.39	6.00	5.69	5.49	5.41	5.76	6.29	6.46	6.51	6.58	6.71	6.64	6.65	7.03	8.00	8.13	8.05	8.03	7.59	7.26	7.14	37.97	35.48	38.78	44.96	52.37	52.29	53.05	58.29	81.22	75.02	75.64	77.83	80.57	82.21	84.64	84.53	84.68
Cash flow after investments/share, SEK 3)	-0.59	-0.84	-0.14	-1.04	0.43	-0.16	0.54	0.27	1.10	1.55	-0.12	0.28	0.43	0.37	0.01	-0.22	0.24	-0.33	0.07	0.57	1.08	-0.17	0.82	-0.30	0.12	0.12	-0.15	-0.09	-0.01	-0.03	-0.03	-0.55	0.04	-0.02	-0.07	0.06	0.37	0.71	0.39	-0.16	0.49	-0.03	-0.01	-0.11	0.24	-0.09	0.12	0.08	-0.08	0.35	-0.32	-0.69	0.00	0.22	-0.27	-0.10	0.07	0.28	0.26	-0.08	2.80	0.58	0.93	-5.46	3.63	-2.22	-3.17	-7.64	-0.56	1.10	1.55	4.85	-0.92	1.12	-3.12	-2.55	-7.77

Other
Investments, SEK m	104	134	82	124	112	44	21	48	21	25	18	49	36	26	12	36	18	38	39	44	31	12	22	89	79	50	37	88	50	57	42	96	87	56	39	62	30	6	5	30	6	13	10	17	12	4	2	7	14	14	16	88	27	26	16	56	19	21	29	2	1	5	12	42	55	49	45	47	66	21	29	42	35	15	21	48	38

1) Source: market quotations.
2) Source: The Riksbank's yearly average.
3) There was a reverse share split in April 2010, where ten existing shares were combined into one share. The comparision periods have been adjusted for this reverse split.

Updated: 2024-10-23