BillerudKorsnäs AB (publ)
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ivar Vatne
- Full Time Employees
- 5,890
- Sector
- Basic Materials
- Industry
- Paper, Lumber & Forest Products
- Address
- Evenemangsgatan 17 Solna AB Sweden 169 27
- IPO Date
- Mar 4, 2014
- Website
- billerud.se
- Similar Companies
- Business
- Billerud AB is a leading global provider of high-performance paper and packaging materials focused on sustainability, quality, and customer value. The company manufactures and sells packaging paper, liquid packaging board, containerboard, cartonboard, sack paper, kraft paper bags, specialty and formable papers, graphic and label papers including coated and digital printing papers, as well as hardwood and softwood pulp. Its products serve packaging and paper manufacturers, printers, publishers, converters, and distribution partners, catering to food and beverage, industrial, medical, hygiene, consumer, and luxury goods sectors. Billerud operates production facilities in Sweden, Finland, and the United States and has a presence in over 13 countries. Founded in 1883 and headquartered in Solna, Sweden, the company changed its name from BillerudKorsnäs AB to Billerud AB in October 2022 following its acquisition of the US-based coated paper company Verso Corporation for $825 million. Recent major changes include launching the world’s largest packaging board machine with a production capacity of around 550,000 tonnes annually, enhancing production efficiency and expanding product offerings such as bio-based grease-resistant paper and strong kraft paper alternatives to plastic bags. Billerud also introduced a new corporate strategy in 2024 emphasizing profitability, capital efficiency, and sustainability, alongside restructuring initiatives including a reduction of approximately 350 positions to improve operational efficiency. The company operates through its major regions in Europe and North America, targeting the evolving demands for renewable and recyclable packaging materials. Its strategic focus incorporates heightened collaboration with customers and partners to develop smarter packaging solutions that optimize sustainability and performance.
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Billerud: One Of The More Undervalued Forestry Business Out There