BillerudKorsnäs fluting production in Gruvön up and running

As communicated earlier BillerudKorsnäs experienced a major breakdown in the digester in the semi-chemical pulp production line in Gruvön. The problem has now been resolved. The pulp line and the fluting machine PM6 is back in production.

The impact on EBITDA for the breakdown is estimated to approximately SEK 25 million after compensation from insurance.

“The impact of the breakdown could be limited thanks to a very efficient work in the mill, and we could start up production relatively quickly. Now we have to limit the indirect damage in the form of missing deliveries and customer relations,” says Per Lindberg, CEO of BillerudKorsnäs.

For further information, please contact:

Susanne Lithander, CFO, +46 8 553 335 00, susanne.lithander@billerudkorsnas.com

This information constituted inside information before publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CET on 23 May 2017.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com