Billerud AB

Billerud AB

8.13
USD
-0.36
(-4.27%)
0.03EPS
198.40P/E
1.56BMarket Cap
Oct 22Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
88.77
93.95
98.22
97.45
100.51
106.64
110.14
107.58
126.69
186.79
165.9
174.76
162.8
157.38
Basic EPS, GAAP
3.03
5.75
8.15
6.83
7.37
4.67
30.28
2.97
7.18
20.13
1.95
7.03
2.86
0.31
Free Cash Flow per Basic Share
2.01
7.81
8.94
9.61
-3.96
-11.78
-2.47
4.87
11.44
15.35
0.45
2.38
2.05
-0.03
Dividend per Share
1.86
2.1
2.93
3.96
4.01
4.01
4.01
4
4.3
3.9
7.5
2
3.5
5.5
Book Value per Share
44.42
47.82
55.16
58.57
62.17
64.7
87.68
86.9
90.25
117.79
108.41
116.52
111.55
110.33
Tangible Book Value per Share
32.44
36.2
44.42
48.07
52.05
54.85
78.23
78.07
81.44
108.75
99.45
107.29
101.97
100.52
Basic Weighted Avg Shares
222
222
222
222
222
222
222
222
207
228
248
249
249
249
Sales/Revenue/Turnover
19,689
20,853
21,814
21,657
22,345
23,692
24,445
23,884
26,206
42,590
41,224
43,453
40,488
39,141
Operating Margin (%)
5.77
9.12
9.87
9.45
10.06
5.99
4.5
2.78
7.12
13.14
1.71
5.6
1.99
0.09
Depreciation Expense
1,439
1,378
1,417
1,561
1,519
1,513
1,744
1,938
1,912
2,480
2,780
2,860
2,868
2,845
Net Income, GAAP
671
1,277
1,811
1,518
1,638
1,037
6,720
660
1,485
4,590
484
1,747
711
76
Effective Tax Rate (%)
17.15
21.29
18.37
21.63
22.11
22.67
20.08
0.44
20.84
21.85
- -
22.29
20.11
- -
Profit Margin (%)
3.41
6.12
8.3
7.01
7.33
4.38
27.49
2.76
5.67
10.78
1.17
4.02
1.76
0.19
Working Capital
409
869
922
1,438
296
705
5,133
4,263
3,563
4,299
3,054
4,220
3,238
4,123
LT Debt
5,197
4,672
3,027
2,687
3,586
7,130
7,493
6,605
4,824
3,030
4,874
5,349
4,976
6,175
Total Equity
9,917
10,704
12,418
13,022
13,811
14,355
19,462
19,294
20,041
29,254
26,945
28,979
27,743
27,440
Return on Invested Capital (%)
5.19
8.32
12.14
9.48
9.71
5.21
3.41
2.83
5.87
14.39
- -
5.57
2.73
- -
Return on Capital (%)
5.05
8.13
10.36
9.68
9.55
5.13
26.78
2.85
5.82
15.34
- -
5.79
2.62
- -
Return on Common Equity (%)
6.97
12.48
15.84
12.01
12.21
7.36
39.74
3.41
7.55
18.62
1.72
6.25
2.51
0.27

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,417
1,978
1,414
LT Borrowings
4,646
5,849
5,849
LT Finance Leases
330
333
326
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
249
249
249
Market Capitalization
22,323
18,703
15,078

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,450
14,757
13,818
Cash, Cash Equivalents & STI
1,281
1,890
932
Accounts Receivable, Net
3,710
4,175
4,361
Inventories
6,177
6,130
6,151
Total Current Liabilities
10,212
10,289
9,695
Payables & Accruals
- -
- -
- -
ST Debt
2,417
1,978
1,414
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.48%
9.05%
-4.27%
Free Cash Flow
16.88%
96.19%
-13.83%
Net Income, GAAP
85.92%
89.26%
-59.3%
Sales/Revenue/Turnover
7.7%
13.52%
-6.82%
Total Cash Common Dividend
- -
- -
75.05%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,423
10,764
10,798
11,468
43,453
2025
11,101
10,244
- -
9,238
40,488
2026
9,825
9,834
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.26
0.25
2.27
3.24
7.03
2025
1.67
0.22
- -
1.22
2.86
2026
-0.88
-0.26
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2
- -
- -
2
2025
- -
3.5
- -
- -
3.5
2026
- -
2
- -
- -
- -

Company Description

CEO
Ivar Andreas Vatne
Full Time Employees
5,626
Sector
Process industries
Industry
Pulp & paper
Address
Evenemangsgatan 17 Solna AB Sweden 169 27
IPO Date
Nov 20, 2001
Business
BillerudKorsnäs AB (publ) is a Sweden-based company specializing in the manufacture and supply of renewable packaging materials and paper products, with operations spanning Europe and North America. The company offers a broad range of core products including primary fiber-based kraft and sack packaging paper used for building materials, chemicals, food-grade bags, and shopping bags; high-quality liquid packaging board and carton board for consumer goods and beverages; and corrugated container board designed for strength, hygiene, and printability. BillerudKorsnäs also provides logistics and packaging solutions services, helping customers optimize packaging design, sustainability, production, and transport efficiency using its proprietary materials. Founded in 2012 and headquartered in Solna, Stockholm, BillerudKorsnäs serves customers across over 100 countries and targets brand owners, converters, and packaging partners in various industries requiring sustainable, strong, and lightweight packaging. The company emphasizes sustainability and innovation, demonstrated by recent introductions of recyclable cartonboard grades—CrownBoard Carry and CrownBoard Light—that focus on strength and moisture resistance to meet evolving market demands for environmentally friendly packaging. Recent major developments include a cost savings program targeting SEK 800 million in annualized savings through 2026, ongoing strategic investments particularly in North American operations to support growth in packaging materials, and the acquisition of Tenova Bioplastics AB to enhance expertise in renewable packaging solutions. BillerudKorsnäs maintains solid financial health with strong cash conversion and has adjusted capital expenditures to SEK 2.9 billion in 2025 and 2026 to fund its strategic growth agenda. It also continues to expand its product portfolio and market presence, sustaining its position as a leading player in the global fiber-based packaging industry.

Company News

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