Nordic Paper Holding AB (publ)
Hold by Alpha
Nordic Paper is a quality company in the paper industry with good pricing power (>50% gross margin) and excellent above 30% ROE.
The company produces Kraft paper (~50%) and grease paper (~50%) for a global customer base across industries. The spread in customers is good for the quality of earnings. Nordic Paper operates in markets supported by long-term trends like; sustainability, global middle-class growth and e-commerce. Although the demand from construction business is currently low.
Nordic Paper is a quality long term holding. But the risks changed significant with the change of majority shareholder (Strategic Value Partner) in Oct'2024. SVP ownership is now close to 90% and could result in de-listing of the company at below its fair-value.
- 50.00 +4.69% (01/05/2026)
05/02/2025| Analyses:12
3