BillerudKorsnäs, production disruptions impact profit negatively
The difficulties with production availability continued in the fourth quarter 2017 which impacted sales volumes negatively despite a very strong market.
Operating profit (EBIT) for full year 2017 is calculated to be approximately MSEK 2240 which is lower than expected but gives a margin of 10 percent.
It is mainly the production facilities in Gruvön and Gävle that are affected, which impact sales negatively within business areas Consumer Board and Corrugated Solutions.
“Despite historically record high production volumes we are of course not satisfied with the recurring production disruptions in our facilities. Therefore, we now intensify our action plan to increase the stability and availability in our production. To ensure the operational stability will be my main focus going forward. We have strengthen the organisation that work proactively with both availability and quality at our facilities which will generate result going forward,” says Petra Einarsson, President and CEO BillerudKorsnäs.