Q1 2019 BillerudKorsnas AB (publ) Earnings Call Transcript

Apr 17, 2019 / 08:00AM GMT

Release Date Price: $13.8 (-0.24%)

Transcript

Operator

Ladies and gentlemen, welcome to the BillerudKorsnÃ¤s Interim Report January to March 2019. Today, I am pleased to present Petra Einarsson, President and CEO; and Kristina Schauman, acting CFO. (Operator Instructions)

Speakers, please begin your meeting.

Petra Einarsson;s AB;publ;President;CEO

BillerudKorsnÃ

¤()-&

Thank you. Good morning, and welcome everyone to today's webcast of our quarter 1 report. I would like to start by sharing some key highlights of the report and then to invite Kristina to give a more granular update on the financials. And after Kristina's updates, we will open up for Q&As.

These are the main highlights of the quarter. I am very pleased with the continued strong demand with something in 10% sales growth and the solid margin of 16%, not far from our long-term targets of 17%. However, we still experienced headwind regarding raw material costs and above the level of last quarter. And I'm happy and proud to inform that our strategic investment, KM7,

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