SCA EBITDA up 25%, kraftliner shipments down 2%
When price rises, one-off factors and cash strain are separated from a 25% earnings gain, which prices should Japanese box makers change first?
SCA increased group EBITDA by 25% quarter on quarter in July–September 2026. Yet kraftliner shipments fell 2%, while lower maintenance costs and tariff refunds made up a large part of the earnings gain.
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Translated from Japanese by AI. The Japanese original is authoritative.
A Swedish paper company sharply lifted profit even as kraftliner shipments declined. The company is SCA, whose business rests on forest resources. Group EBITDA reached SEK 1.631 billion in July–September 2026, up 25% from the previous quarter.
EBITDA is profit before interest, taxes, depreciation and amortisation. SCA's sales rose 2% quarter on quarter to SEK 5.248 billion. Its EBITDA margin improved by 5.8 percentage points, from 25.3% to 31.1%.…
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Sources
- SCA Interim Report Q3 2026 / 2026-10-23
- SCA price increase announcement, March 2026 / 2026-03-12
- SCA price increase announcement, August 2026 / 2026-08-06
- Fastmarkets European packaging focus / 2026-10-01
- レンゴー「板紙・紙加工関連製品の価格改定」 / 2026-10-13
- 日本製紙「白板紙等の価格改定」 / 2026-06-01
- 日本銀行「企業物価指数 2026年9月速報」 / 2026-10-13
- レンゴー 2024年9月期経営説明資料
- Earnings Labs(SCA Q3 2026 transcript) / 2026-10-23
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