Aankondiging • Jun 24
Nordic Paper Holding AB (publ) Proposes Extraordinary Dividend, Payable on 23 July 2025 Nordic Paper Holding AB (publ) at the extraordinary general meeting to be held on 16 July 2025, proposed an extraordinary dividend of SEK 12.00 per share, corresponding to a total amount of approximately SEK 803 million. The record date for the extraordinary dividend shall be on 18 July 2025. If the extraordinary general meeting resolves in accordance with the proposal, the dividend will be paid to the shareholders on 23 July 2025. Aankondiging • May 28
Nordic Paper Holding AB (publ) Approves No Dividend for the Financial Year 2024 Nordic Paper Holding AB (publ) at its AGM held on May 28, 2025, approved no dividend is to be distributed for the financial year 2024, and that the funds available to the company for distribution is carried forward. Aankondiging • Mar 22
Nordic Paper Holding AB (publ), Annual General Meeting, May 28, 2025 Nordic Paper Holding AB (publ), Annual General Meeting, May 28, 2025. Aankondiging • Mar 21
Nordic Paper Holding AB (publ) Proposes No Dividend for the Financial Year 2024 Nordic Paper Holding AB (publ) proposed no dividend for the financial year 2024 to the Annual General Meeting to be held on 28 May 2025. Aankondiging • Mar 06
Nordic Paper Holding AB (publ) to Report Fiscal Year 2024 Final Results on Mar 21, 2025 Nordic Paper Holding AB (publ) announced that they will report fiscal year 2024 final results on Mar 21, 2025 Aankondiging • Jan 30
Nordic Paper Holding AB (publ) to Report Fiscal Year 2024 Final Results on Apr 07, 2025 Nordic Paper Holding AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 07, 2025 Aankondiging • Jan 13
Nordic Paper Holding AB (publ) Announces Board Appointments Nordic Paper Holding AB (publ) at the EGM held on January 13, 2025, the shareholders approved that the board of directors should be composed of seven board members with no deputy board members. The general meeting resolved to elect Tim Stubbs, Russel Wanke, Omar Hoek, Christer Simrén, Alexandre Mignotte, Ricardo Mateiro and Riccardo Franchi as new board members for the period until the end of the next annual general meeting. Accordingly, all current board members elected by the general meeting will be replaced. The general meeting further resolved to elect Tim Stubbs as chairman of the board. Aankondiging • Oct 11
Strategic Value Partners, LLC cancelled the acquisition of Nordic Paper Holding AB (publ) (OM:NPAPER) from Shanying International Holdings Co.,Ltd (SHSE:600567) and others. Strategic Value Partners, LLC proposed to acquire Nordic Paper Holding AB (publ) (OM:NPAPER) from Shanying International Holdings Co.,Ltd (SHSE:600567) and others for SEK 3.3 billion on October 11, 2024. A cash consideration valued at SEK 50 per share will be paid by Strategic Value Partners, LLC. SUTRIV Holding AB has entered into an irrevocable undertaking with offeror to accept the Offer, representing 48.16 per cent of the Company’s shares. The Offer has only limited conditionality and, inter alia, has an acceptance condition of offeror becoming the owner of shares representing at least 48% of the total number of shares in Nordic Paper, being lower than the number of shares that are subject to the Irrevocable Commitment. Completion of the acquisition of Nordic Paper, subject to all necessary clearances, approvals, decisions and other actions from authorities or similar, including approvals from competition authorities and foreign direct investment approvals, being obtained,The acceptance period for the Offer is expected to commence on or around November 6, 2024, and end at or around December 11, 2024. BofA Securities acted as financial advisor and Advokatfirman Vinge acted as legal counsel, Ernst & Young AB provided fairness opinion to the Board of Directors of Nordic Paper.
Strategic Value Partners, LLC cancelled the acquisition of Nordic Paper Holding AB (publ) (OM:NPAPER) from Shanying International Holdings Co.,Ltd (SHSE:600567) and others on October 11, 2024. The Board of Directors’ view is that the Offer Price does not reflect the value of the Company and therefore unanimously recommends shareholders not to accept the Offer. Aankondiging • Oct 08
Nordic Paper Announces That the Nomination Committee Nordic Paper announced that the nomination committee has been appointed for the period until the annual general meeting 2025 in accordance with the current instructions for the nomination committee. The nomination committee has the following members: Andreas Kihlblom, appointed by Sutriv Holding AB; Caroline Sjösten, appointed by Swedbank Robur Fonder AB; Richard Torgerson, appointed by Nordea Funds Ltd. The chairman of the nomination committee is Andreas Kihlblom. Reported Earnings • Jul 21
Second quarter 2024 earnings released: EPS: kr2.55 (vs kr2.16 in 2Q 2023) Second quarter 2024 results: EPS: kr2.55 (up from kr2.16 in 2Q 2023). Revenue: kr1.23b (up 9.4% from 2Q 2023). Net income: kr171.0m (up 18% from 2Q 2023). Profit margin: 14% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (70% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Aankondiging • May 24
Nordic Paper Holding AB (Publ) Approves Dividend, Payable on May 30, 2024 Nordic Paper Holding AB (publ) a dividend of SEK 4 per share, with record date for the right to receive dividend on 27 May 2024. With this record date, the payment of dividend is estimated to be effectuated by Euroclear Sweden AB on 30 May 2024. Upcoming Dividend • May 17
Upcoming dividend of kr4.00 per share Eligible shareholders must have bought the stock before 24 May 2024. Payment date: 30 May 2024. Payout ratio is a comfortable 68% and the cash payout ratio is 91%. Trailing yield: 6.8%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%). Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: kr2.23 (vs kr2.59 in 1Q 2023) First quarter 2024 results: EPS: kr2.23 (down from kr2.59 in 1Q 2023). Revenue: kr1.22b (down 6.2% from 1Q 2023). Net income: kr149.0m (down 14% from 1Q 2023). Profit margin: 12% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Apr 16
Nordic Paper Holding AB (publ) Proposes Dividend, Payable on May 30, 2024 The board of directors of Nordic Paper Holding AB (publ) proposed that the annual general meeting to be held on 23 May 2024, to resolve on a dividend of SEK 4.00 per share, with a proposed record date for the right to receive dividend on 27 May 2024, whereby the dividend is expected to be paid to the shareholders on 30 May 2024. Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: kr6.22 (vs kr8.46 in FY 2022) Full year 2023 results: EPS: kr6.22 (down from kr8.46 in FY 2022). Revenue: kr4.49b (flat on FY 2022). Net income: kr416.0m (down 27% from FY 2022). Profit margin: 9.3% (down from 13% in FY 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Apr 10
Nordic Paper Holding AB (publ) to Report Fiscal Year 2024 Results on Jan 30, 2025 Nordic Paper Holding AB (publ) announced that they will report fiscal year 2024 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €4.29, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 13% over the past three years. Declared Dividend • Feb 02
Dividend of kr4.00 announced Shareholders will receive a dividend of kr4.00. Ex-date: 24th May 2024 Payment date: 30th May 2024 Dividend yield will be 101%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 26% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: kr6.22 (vs kr8.46 in FY 2022) Full year 2023 results: EPS: kr6.22 (down from kr8.46 in FY 2022). Revenue: kr4.47b (flat on FY 2022). Net income: kr416.0m (down 27% from FY 2022). Profit margin: 9.3% (down from 13% in FY 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Jan 30
Nordic Paper Holding AB (publ) Proposes Dividend The Board of Directors of Nordic Paper Holding AB (publ) is proposing a dividend of SEK 4.00 (4.65) per share, corresponding to a total dividend of SEK 268 m (311 m). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €3.37, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.20 per share. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: kr0.50 (vs kr0.57 in 3Q 2022) Third quarter 2023 results: EPS: kr0.50 (down from kr0.57 in 3Q 2022). Revenue: kr1.09b (up 5.1% from 3Q 2022). Net income: kr34.0m (down 11% from 3Q 2022). Profit margin: 3.1% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 24
Now 24% undervalued Over the last 90 days, the stock is up 7.7%. The fair value is estimated to be €3.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to decline by 3.4% in 2 years. Earnings is forecast to decline by 32% in the next 2 years. Aankondiging • Sep 27
Nordic Paper Holding AB (publ) Announces Appointment of Nomination Committee Nordic Paper announced that the nomination committee has been appointed for the period until the annual general meeting 2024 in accordance with the current instructions for the nomination committee. The nomination committee has the following members: Andreas Kihlblom, appointed by Sutriv Holding AB; Caroline Sjösten, appointed by Swedbank Robur Fonder AB and Patricia Hedelius, appointed by AMF Tjänstepension AB and AMF Fonder AB. The chairman of the nomination committee is Andreas Kihlblom. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr2.16 (vs kr2.44 in 2Q 2022) Second quarter 2023 results: EPS: kr2.16 (down from kr2.44 in 2Q 2022). Revenue: kr1.14b (flat on 2Q 2022). Net income: kr145.0m (down 12% from 2Q 2022). Profit margin: 13% (down from 14% in 2Q 2022). Revenue is forecast to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €2.87, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Forestry industry in Europe. Total loss to shareholders of 7.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.52 per share. Upcoming Dividend • May 18
Upcoming dividend of kr4.65 per share at 12% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.7%). Reported Earnings • Apr 27
Full year 2022 earnings released: EPS: kr8.46 (vs kr2.15 in FY 2021) Full year 2022 results: EPS: kr8.46 (up from kr2.15 in FY 2021). Revenue: kr4.44b (up 44% from FY 2021). Net income: kr566.0m (up 293% from FY 2021). Profit margin: 13% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Forestry industry in Europe. Buying Opportunity • Apr 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.3%. The fair value is estimated to be €4.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to decline by 0.5% per annum. Earnings is also forecast to decline by 14% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €3.45, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.27 per share. Buying Opportunity • Mar 17
Now 20% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be €4.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is forecast to decline by 11% per annum over the same time period. Aankondiging • Jan 28
Nordic Paper Holding AB (publ) Proposes Dividend for the Year Ended December 2022 The Board of Directors of Nordic Paper Holding AB (publ) proposed a dividend of SEK 4.65 per share, corresponding to a total dividend of SEK 311 million for the year ended December 2022. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: kr8.46 (vs kr2.15 in FY 2021) Full year 2022 results: EPS: kr8.46 (up from kr2.15 in FY 2021). Revenue: kr4.48b (up 45% from FY 2021). Net income: kr566.0m (up 293% from FY 2021). Profit margin: 13% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Buying Opportunity • Nov 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €3.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to decline by 1.9% in the next 2 years. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Representative Director Tom Rod was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be €3.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to decline by 1.9% in the next 2 years. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: kr0.57 (vs kr0.25 loss in 3Q 2021) Third quarter 2022 results: EPS: kr0.57 (up from kr0.25 loss in 3Q 2021). Revenue: kr1.04b (up 46% from 3Q 2021). Net income: kr38.0m (up kr55.0m from 3Q 2021). Profit margin: 3.7% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Aankondiging • Oct 07
Nevel Ab entered into an agreement to acquire ÅMotfors Energi Ab from Nordic Paper Holding AB (publ) (OM:NPAPER) and others. Nevel Ab entered into an agreement to acquire ÅMotfors Energi Ab from Nordic Paper Holding AB (publ) (OM:NPAPER) and others on October 05, 2022. Aankondiging • Sep 20
Nordic Paper Holding AB (publ) Announces Appointment to Nomination Committee Nordic Paper Holding AB (publ) announced that the nomination committee has been appointed for the period until the annual general meeting 2023. The nomination committee includes Andreas Kihlblom, appointed by Sutriv Holding AB, Caroline Sjösten, appointed by Swedbank Robur Fonder AB, Patricia Hedelius, appointed by AMF Fonder AB and Suzanne Sandler, appointed by Handelsbanken Fonder AB. The chairman of the nomination committee is Andreas Kihlblom. Board Change • Sep 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Representative Director Tom Rod was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Aug 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be €4.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last year. Earnings per share has grown by 122%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 26% in the next 2 years. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: kr2.44 (vs kr0.53 in 2Q 2021) Second quarter 2022 results: EPS: kr2.44 (up from kr0.53 in 2Q 2021). Net income: kr164.0m (up 369% from 2Q 2021). Buying Opportunity • Jul 02
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €4.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 103% in the next 2 years. Buying Opportunity • Jun 16
Now 22% undervalued Over the last 90 days, the stock is up 5.4%. The fair value is estimated to be €4.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 97% in the next 2 years. Aankondiging • May 20
Nordic Paper Holding AB (publ) Announces Dividend, Payable on May 27, 2022 Nordic Paper Holding AB (publ) announced that general meeting resolved in accordance with the proposal by the board of directors, on a dividend of SEK 2.00 per share, with record date for the right to receive dividend on May 23, 2022. With this record date, the payment of dividend is estimated to be effectuated by Euroclear Sweden AB on May 27, 2022. Upcoming Dividend • May 13
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 20 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.2%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: kr2.15 (vs kr3.86 in FY 2020) Full year 2021 results: EPS: kr2.15 (down from kr3.86 in FY 2020). Revenue: kr3.09b (up 6.2% from FY 2020). Net income: kr144.0m (down 44% from FY 2020). Profit margin: 4.7% (down from 8.9% in FY 2020). Over the next year, revenue is forecast to grow 23%, compared to a 5.8% growth forecast for the industry in Germany. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: kr2.15 (vs kr3.86 in FY 2020) Full year 2021 results: EPS: kr2.15 (down from kr3.86 in FY 2020). Revenue: kr3.09b (up 6.2% from FY 2020). Net income: kr144.0m (down 44% from FY 2020). Profit margin: 4.7% (down from 8.9% in FY 2020). Over the next year, revenue is forecast to grow 23%, compared to a 5.8% growth forecast for the industry in Germany. Aankondiging • Apr 26
Nordic Paper Holding AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023 Nordic Paper Holding AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023 Aankondiging • Jan 30
Nordic Paper Holding AB (Publ) Proposes Dividend For the fiscal year 2021, the Board of Directors of Nordic Paper Holding AB (publ) proposed a dividend of SEK 2.00 per share, to be paid in one instalment. The proposal entails a total share dividend of SEK 134 million. At the determination of the proposed dividend, the SEK 108 million significant items affecting comparability in the year have been taken into account and the proposal is thereby in line with the dividend policy of the company. The record day for the proposed dividend is 23 May 2022. The final day for trading in Nordic Paper's shares including the right to a dividend is 19 May 2022. Reported Earnings • Jan 29
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr2.15 (down from kr3.85 in FY 2020). Revenue: kr3.13b (up 7.4% from FY 2020). Net income: kr144.0m (down 44% from FY 2020). Profit margin: 4.6% (down from 8.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 8.7%, compared to a 5.7% growth forecast for the industry in Germany. Aankondiging • Jan 01
Nordic Paper Holding AB (publ) (OM:NPAPER) completed the acquisition of Glassine Canada Inc. Nordic Paper Holding AB (publ) (OM:NPAPER) agreed to acquire Glassine Canada Inc for CAD 92 million on December 20, 2021. The preliminary purchase price for Glassine Canada on a cash and debt free basis is between CAD 81 million and CAD 92 million. The final purchase price is dependent on the performance of Glassine Canada up until year end. The transaction will be financed by Nordic Paper using cash and its existing credit facilities of CAD56. 3 million (SEK 400 million). The EBIT of the last twelve months of Glassine Canada was CAD 7.7 million while depreciation was CAD 0.6 million. The acquired business will, after closing, be reported within the Natural Greaseproof segment. The transaction is expected to closing on December 31, 2021.
Nordic Paper Holding AB (publ) (OM:NPAPER) completed the acquisition of Glassine Canada Inc on December 31, 2021. Board Change • Dec 31
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 2 highly experienced directors. Employee Representative Director Per Gustafsson is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Dec 21
Nordic Paper Holding AB (publ) (OM:NPAPER) agreed to acquire Glassine Canada Inc for CAD 92 million. Nordic Paper Holding AB (publ) (OM:NPAPER) agreed to acquire Glassine Canada Inc for CAD 92 million on December 20, 2021. The preliminary purchase price for Glassine Canada on a cash and debt free basis is between CAD 81 million and CAD 92 million. The final purchase price is dependent on the performance of Glassine Canada up until year end. The transaction will be financed by Nordic Paper using cash and its existing credit facilities. The EBIT of the last twelve months of Glassine Canada was CAD 7.7 million while depreciation was CAD 0.6 million. The acquired business will, after closing, be reported within the Natural Greaseproof segment. The transaction is expected to closing on December 31, 2021. Reported Earnings • Oct 29
Third quarter 2021 earnings released: kr0.25 loss per share (vs kr0.49 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr712.0m (up 11% from 3Q 2020). Net loss: kr17.0m (loss narrowed 47% from 3Q 2020). Aankondiging • May 21
Nordic Paper Holding AB (Publ) Approves Dividend, Payable on 27 May 2021 The General Meeting of Nordic Paper Holding AB (publ) held on 20 May, 2021, resolved in accordance with the proposal by the board of directors, on a dividend of SEK 2.00 per share, with record date for the right to receive dividend on 24 May 2021. With this record date, the payment of dividend is estimated to be effectuated by Euroclear Sweden AB on 27 May 2021. Aankondiging • May 17
Nordic Paper Holding AB (Publ) Decides on Discontinuation of Pulp Production in Säffle Nordic Paper Holding AB (publ) decided to discontinue the production of pulp at the Säffle plant during the fourth quarter 2021 and replace it with purchased external pulp. The decision has been made as the consultations with trade unions regarding the pulp production now have been concluded. The decision leads to positive environmental effects and the use of fossil fuels at the plant will be reduced to less than half of the current level. The Nordic Paper Säffle plant consists of one pulp production line and two paper machines producing natural greaseproof papers. The paper is sold for use in food applications for example as baking papers and baking cups. The measures will lead to an increase of the annual production capacity of paper at the plant by about 10%. The decision will also lead to a significant reduction in the climate impact of the plant as the consumption of fossil fuels will be reduced to less than half of the current level. A decrease in emissions to water and an avoidance of emissions to air from the pulping process are other important environmental effects of the measures. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS kr3.85 (vs kr6.19 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr2.90b (down 10% from FY 2019). Net income: kr258.0m (down 38% from FY 2019). Profit margin: 8.9% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Executive Departure • Mar 03
Head of Strategic Development has left the company On the 1st of March, Jens Otterstedt's tenure in the role of Head of Strategic Development ended. We don't have any record of a personal shareholding under Jens' name. A total of 2 executives have left over the last 12 months. Executive Departure • Mar 03
Head of Investor Relations has left the company On the 1st of March, Ingrid Osthols' tenure in the role of Head of Investor Relations ended. We don't have any record of a personal shareholding under Ingrid's name. A total of 2 executives have left over the last 12 months. Aankondiging • Feb 23
Nordic Paper Appoints Henrik Essén as Head of IR and Strategy Effective March 1, 2021 Nordic Paper announces that it has recruited Henrik Essén to a position as Head of IR and Strategy. He will assume his position on March 1st, 2021 and will be part of the executive management team of the company. Henrik Essén has long experience from management and business development positions within the paper and packaging industries. His most recent position was as M&A Director at Shanying International Holding where he was also involved in the Nordic Paper IPO process. As Henrik Essén assumes his position, the current Head of Strategy, Jens Otterstedt, will leave Nordic Paper for new challenges and the consulting agreement with the current Head of IR, Ingrid Östhols, will reach its end. Is New 90 Day High Low • Feb 03
New 90-day high: €4.34 The company is up 18% from its price of €3.68 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.34 per share. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 0.7%. Over the next year, revenue is forecast to stay flat compared to a 1.2% decline forecast for the Forestry industry in Germany. Aankondiging • Jan 15
Nordic Paper Holding AB (publ) to Report Fiscal Year 2020 Results on Jan 28, 2021 Nordic Paper Holding AB (publ) announced that they will report fiscal year 2020 results at 7:30 AM, Central European Standard Time on Jan 28, 2021 
