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SCA reports 11 per cent sales increase in 2015

Photo: SCA
Photo: SCA
Published by
Simon Matthis - 01 Feb 2016

SCA's FY 2015 net sales rose 11% to SEK 115,316 million compared to SEK 104,054 million in 2014.FY 2015 operating profit, excluding items affecting comparability, rose 10% (8% excluding gains on forest swaps and currency translation effects) to SEK 13,014 million.

“Organic sales growth was 5% for the full year 2015, and operating profit, excluding items affecting comparability, rose 10% compared with 2014. 2015 was an eventful year. We continued the work with our strategic priorities profitable growth, innovation and efficiency”, said Magnus Groth, President and CEO of SCA.

”During the year the decision was made to further enhance SCA’s hygiene organization. This change took effect on January 1, 2016.We decided to invest in increased capacity at the Östrand pulp mill in Sweden and in a new production plant for incontinence products in Brazil,” Magnus Groth added.

4Q 2015 net sales rose 6% to SEK 29,040 million compared to SEK 27,397 million in 4Q 2014. Organic sales growth was 4%. In emerging markets, which accounted for 32% of sales, organic sales growth was 11%, and in mature markets organic sales growth was 2%.

Consolidated operating profit for the 4Q 2015, excluding items affecting comparability and currency translation effects, rose 5% compared with the same period a year ago.