Q1 2021 BillerudKorsnas AB (publ) Earnings Call Transcript

Apr 27, 2021 / 07:00AM GMT

Release Date Price: $20.4 (+0.99%)

Transcript

Lena Schattauer;s AB;publ;Head of IR

BillerudKorsnÃ

¤()-

Good morning, everyone, and welcome to this conference call about our first quarter results. Our CEO, Christoph Michalski; and CFO, Ivar Vatne, will first give us a presentation. And after that, there will be a Q&A session.

So Christoph, please go ahead.

Christoph Michalski;s AB;publ;President;CEO

BillerudKorsnÃ

¤()-&

Thank you, Lena. Good morning, everyone. I'm here with Ivar. So I will start the presentation and then hand over to Ivar over the time of this presentation.

I think my first remark is that we had a very good quarter 1. We ended up with 5% net sales growth, excluding currency, which was driven mainly by very strong volumes. And our EBITDA margin also improved by 3 percentage points to 15%. And I think all these results were driven by 3 main activities that we discussed a lot and also, we mentioned already in quarter 4, which is clearly the ramp-up of Gruv

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