|Nettoomsättning per division||Procent|
2019 was an eventful and challenging year. We sold a majority share of Bergvik Skog Öst and the new board machine at Gruvön was commissioned and started delivering material to customers.
Net sales by divison
EBITDA split by division
|Fördelning EBITDA per division||Procent|
Demand for packaging is rising as a consequence of urbanisation and digitalisation. At the same time, sustainability is a strong driver, which means future packaging will need to be designed so that it does not impact our climate. Read more about external trends.
Our long-term target is for growth of 3–4% per year. The target was reached for 2019. Net sales rose by 3% as a result of positive currency effects and higher prices. 1 For comparable units.
The EBITDA margin should exceed 17%. The target was not achieved for 2019 due to higher raw material costs and negative effects from the start-up of the new board machine at Gruvön.
The target is that return on capital employed (ROCE) should exceed 13%. The target was not reached for 2019, primarily due to the major investment in the new board machine at Gruvön.
Interest-bearing net debt to adjusted EBITDA shall be less than 2.5. The target was reached in 2019. The sale of Bergvik Skog Öst strengthened the financial position substantially.
|Yeae||Interest-bearing net debt/EBITDA|
The dividend shall amount to 50% of the net profit. The proposed dividend for 2019 is SEK 4.30. This corresponds to 13% of the net profit, which was positively affected by the sale of Bergvik Skog Öst.
The target is to reduce the total greenhouse gas emissions from production and sourced energy by 59% until 2030. For 2019 the outcome remained at 3%. In 2020 we continue to analyse measures and investments that need to be made until 2030.
The number of accidents resulting in absence per million hours worked (LTIFR) shall decrease. In 2019 the outcome worsened marginally compared with the previous year. Safety work has been stepped up and is given the highest priority.
The target is for new products to make up 15% of net sales (NPR). The target could not be achieved in 2019 due to certain delayed product launches.