{"id":151202,"date":"2026-01-30T12:36:15","date_gmt":"2026-01-30T12:36:15","guid":{"rendered":"https:\/\/www.europesays.com\/se\/151202\/"},"modified":"2026-01-30T12:36:15","modified_gmt":"2026-01-30T12:36:15","slug":"billeruds-ebitda-hogre-an-vantat-sanker-utdelningen","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/se\/151202\/","title":{"rendered":"Billeruds ebitda h\u00f6gre \u00e4n v\u00e4ntat \u2013 s\u00e4nker utdelningen"},"content":{"rendered":"

Oms\u00e4ttningen sj\u00f6nk 19,4 procent till 9 238 miljoner kronor (11 468). Utfallet kan j\u00e4mf\u00f6ras med Factsets analytikerkonsensus som l\u00e5g p\u00e5 9 983.<\/p>\n

Ebitda-resultatet blev 1 090 miljoner kronor (1 816), v\u00e4ntat 1 013, med en ebitda-marginal p\u00e5 11,8 procent (15,8).<\/p>\n

Justerat ebitda-resultat uppgick till 818 miljoner kronor (1 443), med en justerad ebitda-marginal p\u00e5 8,9 procent (12,6). H\u00e4r var v\u00e4ntat 1 051 miljoner kronor, enligt Factset.<\/p>\n

R\u00f6relseresultatet blev 395 miljoner kronor (1 091). R\u00f6relsemarginalen var 4,3 procent (9,5).<\/p>\n

Justerat r\u00f6relseresultat uppgick till 123 miljoner kronor (718), med en justerad r\u00f6relsemarginal p\u00e5 1,3 procent (6,3).<\/p>\n

Resultatet efter skatt blev 304 miljoner kronor (806), och per aktie 1,22 kronor (3,24).<\/p>\n

I ordinarie utdelning f\u00f6resl\u00e5s 2,00 kronor per aktie (3,50). V\u00e4ntat var 3,44.<\/p>\n

\u201cSom f\u00f6rv\u00e4ntat var v\u00e5rt Q4-resultat utmanande, och vi m\u00f6tte fortsatt olika marknadsrealiteter i v\u00e5ra tv\u00e5 regioner. Volymutvecklingen var en besvikelse, fr\u00e4mst driven av fortsatt svaga marknadsvillkor f\u00f6r kartong i Europa och Asien. Samtidigt var marknadsf\u00f6rh\u00e5llandena fortsatt mer gynnsamma i USA\u201d, kommenterar vd Ivar Vatne.<\/p>\n

Bolaget uppges se inga betydande f\u00f6r\u00e4ndringar vad g\u00e4ller marknadsf\u00f6rh\u00e5llandena f\u00f6r det f\u00f6rsta kvartalet.<\/p>\n

\u201cVi f\u00f6rv\u00e4ntar oss en fortsatt stabil utveckling i Nordamerika. I Europa v\u00e4ntas de svaga marknadsf\u00f6rh\u00e5llandena best\u00e5 eftersom utbud och efterfr\u00e5gan fortsatt \u00e4r i obalans. Vi f\u00f6rv\u00e4ntar oss en negativ sekventiell prisp\u00e5verkan men en liten positiv volymp\u00e5verkan. F\u00f6r v\u00e4tskekartong har vi s\u00e4krat volymer f\u00f6r 2026 i linje med 2025\u201d, s\u00e4ger Vatne.<\/p>\n

N\u00e4r det kommer till massavedspriserna v\u00e4ntas dessa falla ytterligare under 2026 tack vare stormarna som drabbat Sverige vid \u00e5rsskiftet och som ytterligare f\u00f6rb\u00e4ttrat vedtillg\u00e5ngen i n\u00e4rheten av bolagets produktionsanl\u00e4ggningar.<\/p>\n

\u201cFr\u00e5n Q2 f\u00f6rv\u00e4ntar vi oss en acceleration av l\u00e4gre massavedskostnader i Norden och sekventiellt \u00f6kade besparingar av fasta kostnader fr\u00e5n v\u00e5rt kostnadsbesparingsprogram\u201d, s\u00e4ger Vatne.<\/p>\n

Sammantaget blir bolagets viktigaste prioriteringar f\u00f6r 2026 att st\u00e4rka resultatet i Europa utifr\u00e5n den befintliga tillg\u00e5ngsbasen och att driva utvecklingen mot f\u00f6rpackningsmaterial i Nordamerika, enligt Vatne.<\/p>\n\n\n

Billerud, Mkr<\/p>\n<\/td>\n\n

Q4-2025<\/p>\n<\/td>\n\n

Konsensus<\/p>\n<\/td>\n\n

F\u00f6r\u00e4ndring mot konsensus<\/p>\n<\/td>\n\n

Q4-2024<\/p>\n<\/td>\n\n

F\u00f6r\u00e4ndring<\/p>\n<\/td>\n<\/tr>\n\n\n

Nettooms\u00e4ttning<\/p>\n<\/td>\n\n

9 238<\/p>\n<\/td>\n\n

9 983<\/p>\n<\/td>\n\n

-7,5%<\/p>\n<\/td>\n\n

11 468<\/p>\n<\/td>\n\n

-19,4%<\/p>\n<\/td>\n<\/tr>\n\n\n

Ebitda<\/p>\n<\/td>\n\n

1 090<\/p>\n<\/td>\n\n

1 013<\/p>\n<\/td>\n\n

7,6%<\/p>\n<\/td>\n\n

1 816<\/p>\n<\/td>\n\n

-40,0%<\/p>\n<\/td>\n<\/tr>\n\n\n

Ebitda-marginal<\/p>\n<\/td>\n\n

11,8%<\/p>\n<\/td>\n\n

10,1%<\/p>\n<\/td>\n\n\n

15,8%<\/p>\n<\/td>\n<\/tr>\n\n\n

Justerat ebitda<\/p>\n<\/td>\n\n

818<\/p>\n<\/td>\n\n

1 051<\/p>\n<\/td>\n\n

-22,2%<\/p>\n<\/td>\n\n

1 443<\/p>\n<\/td>\n\n

-43,3%<\/p>\n<\/td>\n<\/tr>\n\n\n

Justerad ebitda-marginal<\/p>\n<\/td>\n\n

8,9%<\/p>\n<\/td>\n\n\n\n

12,6%<\/p>\n<\/td>\n<\/tr>\n\n\n

R\u00f6relseresultat<\/p>\n<\/td>\n\n

395<\/p>\n<\/td>\n\n\n\n

1 091<\/p>\n<\/td>\n\n

-63,8%<\/p>\n<\/td>\n<\/tr>\n\n\n

R\u00f6relsemarginal<\/p>\n<\/td>\n\n

4,3%<\/p>\n<\/td>\n\n\n\n

9,5%<\/p>\n<\/td>\n<\/tr>\n\n\n

Justerat r\u00f6relseresultat<\/p>\n<\/td>\n\n

123<\/p>\n<\/td>\n\n\n\n

718<\/p>\n<\/td>\n\n

-82,9%<\/p>\n<\/td>\n<\/tr>\n\n\n

Justerad r\u00f6relsemarginal<\/p>\n<\/td>\n\n

1,3%<\/p>\n<\/td>\n\n\n\n

6,3%<\/p>\n<\/td>\n<\/tr>\n\n\n

Nettoresultat<\/p>\n<\/td>\n\n

304<\/p>\n<\/td>\n\n\n\n

806<\/p>\n<\/td>\n\n

-62,3%<\/p>\n<\/td>\n<\/tr>\n\n\n

Resultat per aktie, kronor<\/p>\n<\/td>\n\n

1,22<\/p>\n<\/td>\n\n\n\n

3,24<\/p>\n<\/td>\n\n

-62,3%<\/p>\n<\/td>\n<\/tr>\n\n\n

Ordinarie \u00e5rsutdelning per aktie, kronor<\/p>\n<\/td>\n\n

2,00<\/p>\n<\/td>\n\n

3,44<\/p>\n<\/td>\n\n

-41,9%<\/p>\n<\/td>\n\n

3,50<\/p>\n<\/td>\n\n

-42,9%<\/p>\n<\/td>\n<\/tr>\n

Konsensusdata fr\u00e5n Factset<\/p>\n","protected":false},"excerpt":{"rendered":"Oms\u00e4ttningen sj\u00f6nk 19,4 procent till 9 238 miljoner kronor (11 468). Utfallet kan j\u00e4mf\u00f6ras med Factsets analytikerkonsensus som…\n","protected":false},"author":2,"featured_media":33518,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[65],"tags":[5799,72,70,71,3218,34,31,33,32,30],"class_list":["post-151202","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ekonomi","tag-billerud","tag-business","tag-economy","tag-ekonomi","tag-rapporter","tag-se","tag-svenska","tag-sverige","tag-sweden","tag-swedish"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@se\/115984084691627746","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/151202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/comments?post=151202"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/151202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media\/33518"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media?parent=151202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/categories?post=151202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/tags?post=151202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}