SCA continued to enjoy strong business momentum in Q3 15 as well, thereby allaying growing concerns about its strong emerging market focus. Q3 sales came in at SEK29.1bn (+9.4% yoy; flat qoq) with a 5% organic sales growth. Organic growth was primarily driven by the strong performance in emerging markets (+14%) in the hygiene business. While China and Russia favourably contributed to tissues, LatAm and Russia were the key drivers for the personal care segment. Forest products continued to pos
30 Oct 2015
Barring some one-off losses, strong business performance continues
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Barring some one-off losses, strong business performance continues
Svenska Cellulosa AB SCA Class B (SCA:STU) | 0 0 0.5% | Mkt Cap: 55,579m
- Published:
30 Oct 2015 -
Author:
Varun Sikka -
Pages:
3
SCA continued to enjoy strong business momentum in Q3 15 as well, thereby allaying growing concerns about its strong emerging market focus. Q3 sales came in at SEK29.1bn (+9.4% yoy; flat qoq) with a 5% organic sales growth. Organic growth was primarily driven by the strong performance in emerging markets (+14%) in the hygiene business. While China and Russia favourably contributed to tissues, LatAm and Russia were the key drivers for the personal care segment. Forest products continued to pos