Results Q2/2024
Continued profit improvement with strengthened leverage ratio
President and CEO comments on Q2 results
Key figures Q2 2024
ADJUSTED EBIT MARGIN | ADJUSTED ROCE excl. the Forest division (LTM) | NET DEBT TO ADJUSTED EBITDA |
---|---|---|
7.0% | 1.3% | 3.5 |
(Target >13%), LTM = Last 12 months | (Target <2.0) |
Q2/2024 compared with Q2/2023
Result highlight
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Sales decreased by 3% to EUR 2,301 million
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Adjusted EBIT increased to EUR 161 million
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EPS were EUR 0.06
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Cash flow from operations EUR 323 million
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Adjusted ROCE excl. Forest 1.3%