Adjusted EBITDA for Q1 2024 was $352 million, compared with $395 million for the same period last year and $321 million for Q4 2023.
Finanzkennzahlen
Non-IFRS measure normalized EBITDA margin decreased to 20% for the year ended December 31, 2023 from 25% for the year ended December 31, 2022. This decrease was mainly due to decreased gross margins and increased operating costs.
Operating profit falls amid lower paper prices.
Operating profit for the financial year 2023 increased from the previous year’s Euro 2.2 million to Euro 4.2 million.
Mohawk Industries, Inc. announced Q1 2024 net earnings of $105 million and earnings per share of $1.64.
Cash flow from operating activities in the Q1 2024 amounted to SEK -226 million ($2.4 million).
30-year fixed-rate reaches 7.17%.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
First quarter impacted by weather and fire.
Operating EBITA amounted to SEK 91 million and the operating EBITA margin amounted to 5%.
The performance reflects subdued construction activity and reduced availability in the raw material market.
Q1 2024 Adjusted EBITDA was $200 million compared to $97 million in the Q4 2023.
The first quarter saw a 10% increase in home sale revenues over the previous year.
Ponsse's operating profit in Euro is estimated to be slightly weaker in 2024 than in 2023 (Euro 47.2).
International Monetary Fund upgrades 2024 global growth forecast to 3.2%; highlights widening gap between rich and poor countries.
Beijing pours funds into factory production to mitigate past economic slowdowns and stimulate growth.
Unexpected rise fueled by construction and automotive sectors.
Conifex Timber Inc. reported results for the Q4 and year ended December 31, 2023. EBITDA from continuing operations was negative $3.5 million for the quarter and negative $25.8 million for the year, compared to EBITDA of $2.3 million in the Q4 2022 and $46.7 million for the year.
This decline is part of a broader trend influenced by economic challenges, including a sluggish property sector and weak domestic demand.