Similar to Q4 16, SCA’s Q1 17 organic growth (referred to as ‘growth’ hereafter) came in at just 2%. Forest products – a laggard until 2016 (-3%; due to severe pricing pressure) – clocked 5% growth, supported by healthy volumes (+3%; primarily in forests, pulp and paper) and recovering wood prices (+9%), which helped more than offset a continued weak (-3%) paper pricing environment. On the other hand, hygiene’s (to be named ‘Essity’, post-demerg
04 May 2017
While forests provide some relief, the hygiene situation remains scary
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While forests provide some relief, the hygiene situation remains scary
Svenska Cellulosa AB SCA Class B (SCA:STU) | 0 0 0.5% | Mkt Cap: 55,579m
- Published:
04 May 2017 -
Author:
Varun Sikka -
Pages:
4
Similar to Q4 16, SCA’s Q1 17 organic growth (referred to as ‘growth’ hereafter) came in at just 2%. Forest products – a laggard until 2016 (-3%; due to severe pricing pressure) – clocked 5% growth, supported by healthy volumes (+3%; primarily in forests, pulp and paper) and recovering wood prices (+9%), which helped more than offset a continued weak (-3%) paper pricing environment. On the other hand, hygiene’s (to be named ‘Essity’, post-demerg