Report

Bergs Timber - Miss due to lower Wood protection

EPS and EBITDA 29% and 27% below ABGSCe Joinery and Pellets better than expected Strong cash flow removes nearly all the net debt
Underlying
Bergs Timber

Bergs Timber publ AB is a Sweden-based company engaged in the production and sale of sawn and processed wood products. Its forest products offering comprises Spruce Wood Products, such as joists, roof truss timbers, spars, laths, panels, tongued and slats, and Pine Wood Products, including furniture, pine fifths, planed duckboards, decking, blockhouses, joists and others. The production is carried out at several sawmill facilities, located in Morlunda, Orrefors and Emmaboda, Sweden, as well as in the timber preservation company Bitus, located in Nybro, Sweden. More than 70% of timber products are exported, primarily to the United Kingdom, the Netherlands, Denmark, the Middle East and North Africa.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Victor Krüeger

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