Svenska Cellulosa Aktiebolaget's (SVCBF) CEO Ulf Larsson on Q4 2019 Results - Earnings Call Transcript [Seeking Alpha]
SVENSKA CELLULOSA B (SVCBY)
NASDAQ:AMEX Investor Relations:
sca.com/en/contact-groups-sca/investor-relations
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Source: Seeking Alpha
Svenska Cellulosa Aktiebolaget SCA (publ) ( OTCPK:SVCBF Company Participants Björn Lyngfelt – Vice President-Communications Ulf Larsson – President and Chief Executive Officer Toby Lawton – Chief Financial Officer Conference Call Participants Linus Larsson – SEB Oskar Lindstrom – Danske Bank Markku Järvinen – Handelsbanken Cole Hathorn – Jefferies Martin Melbye – ABG Mikael Doepel – UBS Sincerely welcome to SCA and to this press conference, where our President and CEO, Ulf Larsson; and our CFO, Toby Lawton, will present the year-end report and take questions after the presentation. So Ulf Larsson, would you please take the stage. Thank you, Björn. Good morning, everyone, and I’d like to start by summarizing 2019. And 2019, in fact, is the best year ever we have done in SCA, SEK5.3 billion on EBITDA level. Sales was up 4%, and that is mainly related to our ramp-up of Östrand. And the EBITDA, already mentioned, up 1% versus 2018. We also had a very strong cash flow – operating cash flow
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