Interim Report Presentation

Q2 2023

July 21, 2023

Ulf Larsson, CEO

Summary Q2 2023

Strong profitable growth in energy and forest but continued weak demand in wood, pulp and containerboard

EBITDA margin of 37 %

Sales decreased 22% vs Q2 2022

  • Price/mix -25%, currency 8%, volume -5%

EBITDA decreased 46% vs Q2 2022

  • Lower prices
  • Lower volumes solid wood products + Higher result from forest
    + Growth renewable energy + Positive currency effects

3

SCA's performance Q2 2023

EBITDA (SEKm)

Industrial ROCE 1

1,700

20%

EBITDA margin

Net debt/EBITDA

37.1%

1.3x

EBITDA (SEKm) and EBITDA margin

-46%

3,121

2,684

2,806

2,608

2,484

2,260

1,981

2,055

59%

1,700

53%

52%

53%

50%

47%

41%

43%

37%

Q2 '21

Q3 '21

Q4 '21

Q1'22

Q2'22

Q3'22

Q4'22

Q1'23

Q2'23

1. LTM

4

Forest Q2 2023 vs. Q2 2022

Net sales (SEKm)

EBITDA (SEKm)

EBITDA margin

+18%

+25%

1,945

817

39.8%

42.0%

1,642

654

Q2 2022

Q2 2023

Q2 2022

Q2 2023

Q2 2022

Q2 2023

Price development - Pulpwood and Sawlogs

140

130

120

110

100

90

80

Q2 '21

Q3 '21

Q4 '21

Q1 '22

Q2 '22

Q3 '22

Q4 '22

Q1 '23

Q2 '23

Pulpwood Sawlogs

Stable wood supply to industries

Sales up 18%

  • Higher prices

EBITDA up 25%

  • Higher harvesting level own forest
  • Higher prices

5

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SCA - Svenska Cellulosa AB published this content on 21 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2023 06:13:07 UTC.