Q4 2018 Duni AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Duni Q4 report. Today, I'm pleased to present Johan Sundelin, CEO; and Mats Lindroth, the CFO. (Operator Instructions)
I will now hand you over to, Johan Sundelin. Please go ahead.
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Thank you, and welcome to our Q4 presentation. Let's start immediately with the highlights of quarter 4. And starting with the operating income, you can see that it has been negatively impacted by pulp prices yet again. And we can see that in the quarter, we are averaging around 35% higher compared to same period last year.
In addition to the pulp increase, we have also seen sharp increase in energy prices and also freight tariffs. So what have we done to compensate the increase in cost? Well, basically 3 things that will allow margin program. The first one is that we have announced a second price increase during summer '18 and that price increase will take effect gradually during quarter 1, this year, '19.
We have also
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