Skip to content

Results for the first quarter of 2022

consolidated, in millions of EUR, IFRS 1Q/2021 2Q/2021 3Q/2021 4Q/2021 1Q/2022
Sales 641.3 648.3 817.5 962.6 1,060.4
EBITDA 92.7 62.8 127.5 138.0 155.0
EBITDA margin (in %) 14.5 % 9.7 % 15.6 % 14.3 % 14.6 %
Operating profit 61.2 30.9 85.1 92.4 111.1
Operating margin (in %) 9.6 % 4.8 % 10.4 % 9.6 % 10.5 %
Profit before tax 58.6 24.3 79.5 82.1 103.6
Income tax expense (14.7) (6.0) (13.3) (19.8) (24.1)
Profit for the period 43.9 18.3 66.2 62.3 79.5
Net profit margin (in %) 6.8 % 2.8 % 8.1 % 6.5 % 7.5 %
Earnings per share (in EUR) 2.18 0.89 3.30 3.09 3.95
Cash flow from operating activities 77.8 34.5 53.5 104.0 49.3
in millions of EUR, IFRS 1Q/2021 2Q/2021 3Q/2021 4Q/2021 1Q/2022
Sales1) 271.4 285.2 434.8 569.7 656.3
EBITDA 33.0 26.5 65.1 60.6 95.7
Operating profit 19.8 13.2 41.3 33.4 70.1
Operating margin (in %) 7.3 % 4.6 % 9.5 % 5.9 % 10.7 %
Cash flow from operating activities 14.3 2.4 22.3 69.7 18.5
Tonnage sold (in thousands of tons) 432 422 567 671 657
       Cartonboard 432 422 473 507 494
       Kraftpapers n.a. n.a. 31 62 64
       Uncoated Fine Papers n.a. n.a. 63 102 99
Tonnage produced (in thousands of tons) 410 421 560 678 659

1) including interdivisional sales

in millions of EUR, IFRS 1Q/2021 2Q/2021 3Q/2021 4Q/2021 1Q/2022
Sales1) 399.3 392.1 418.2 432.0 454.9
EBITDA 59.7 36.3 62.4 77.4 59.3
Operating profit 41.4 17.7 43.8 59.0 41.0
Operating margin (in %) 10.4 % 4.5 % 10.4 % 13.7 % 9.0 %
Cash flow from operating activities 63.5 32.1 31.2 34.3 30.8
Tonnage processed (in thousands of tons) 216 208 215 214 222

1) including interdivisional sales