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BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Billerudkorsnas Q1 core profit roughly matches forecasts
Wednesday, 17 Apr 2019 

April 17 (Reuters) - BillerudKorsnas AB (publ) ::Q1 NET SALES WERE SEK 6 504 MILLION (5 897), AN INCREASE OF 10%, MAINLY AS A RESULT OF HIGHER SALES PRICES AND POSITIVE CURRENCY EFFECTS..Q1 ADJUSTED EBITDA* WAS SEK 1 035 MILLION (1 102), A DECREASE OF 6%.SAYS Q2 OUTLOOK * CONTINUED GOOD DEMAND FOR OUR PRODUCTS..Q2 OUTLOOK: INCREASED PRICE PRESSURE IS EXPECTED - FOCUS IS ON SAFEGUARDING CURRENT PRICE LEVELS..Q2 OUTLOOK: TOTAL COST FOR FIBRE EXPECTED TO FLATTEN OUT AT A HIGH LEVEL.SAYS VERY PLEASED TO ANNOUNCE THAT RAMP-UP OF KM7 AT GRUVÖN IS PROCEEDING ACCORDING TO PLAN AND TEST-RUNS OF MACHINE ARE NOW ONGOING.SAYS WE REITERATE THAT STRUCTURAL CHANGES IN CONNECTION TO RAMP-UP OF KM7 WILL HAVE A NEGATIVE EFFECT ON EBITDA OF APPROXIMATELY SEK 500 MILLION DURING 2019 AND SEK 200 MILLION DURING 2020.SAYS FOLLOWING THIS SHORT-TERM IMPACT, INVESTMENT WILL HAVE A POSITIVE EARNINGS CONTRIBUTION FROM 2021.SAYS WE SEE GOOD OPPORTUNITIES TO INCREASE PRODUCTION STABILITY AND VOLUMES IN 2019 COMPARED WITH LAST YEAR.SAYS MARKET CONDITIONS FOR LIQUID PACKAGING BOARD, CARTONBOARD AND CONTAINERBOARD WERE GOOD IN QUARTER.SAYS CONDITIONS ARE EXPECTED TO REMAIN GOOD WITH NORMAL SEASONAL VARIATIONS EXCEPT FOR UNCOATED LINER, FOR WHICH MARKET IS MORE UNSTABLE AND PRICE PRESSURE IS EXPECTED TO INCREASE.SAYS PROCESS OF FINDING SUITABLE INVESTORS FOR BERGVIK ÖST IS ONGOING.REUTERS POLL: BILLERUDKORSNAS Q1 ADJUSTED. EBITDA WAS SEEN AT SEK 1,024 MILLION, SALES AT 6.30 BILLION.  Full Article

Billerudkorsnäs And Alpla To Join Forces To Pioneer Paper Bottles
Wednesday, 3 Apr 2019 

April 3 (Reuters) - BillerudKorsnas AB (publ) ::BILLERUDKORSNÄS AND ALPLA TO JOIN FORCES TO PIONEER PAPER BOTTLES FOR A SUSTAINABLE FUTURE.BILLERUDKORSNAS AB (PUBL) SAYS BILLERUDKORSNÄS AND ALPLA TODAY ANNOUNCED THAT THEY WILL FORM A JOINT VENTURE IN DANISH PAPER BOTTLE COMPANY ECOXPAC.BILLERUDKORSNAS AB (PUBL) SAYS WHEN TRANSACTION HAS BEEN COMPLETED, BILLERUDKORSNÄS AND ALPLA WILL OWN EQUAL PARTS OF ECOXPAC.BILLERUDKORSNAS AB (PUBL) SAYS COMBINING THEIR RESOURCES, COMPETENCIES AND STRENGTHS WILL SUPPORT SCALING ECOXPAC IN COMMERCIALISATION OF A FULLY BIOBASED AND RECYCLABLE PAPER BOTTLE..  Full Article

BillerudKorsnas Q4 core profit lags forecast
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - BillerudKorsnas AB (publ) ::Q4 NET SALES WERE SEK 5 843 MILLION.Q4 ADJUSTED EBITDA WAS SEK 810 MILLION (950).SAYS BOARD PROPOSES A DIVIDEND OF SEK 4.30 (4.30) PER SHARE FOR 2018.SAYS WE FORESEE CONTINUED GOOD DEMAND FOR OUR PRODUCTS AND EXPECT ORDER BOOKS TO REMAIN SOLID.SAYS AS WE SEE LIMITED POSSIBILITIES FOR FURTHER INCREASES IN SALES PRICE, WE ARE FOCUSING ON SAFEGUARDING OUR PRICE LEVELS FROM 2018.SAYS WITH AN UNCHANGED MARKET DEMAND FOR PULPWOOD, WE EXPECT INCREASE IN COST OF FIBRE TO FLATTEN OUT AT HIGH LEVELS IN 2019.REUTERS POLL: BILLERUDKORSNAS Q4 ADJUSTED. EBITDA WAS SEEN AT SEK 928 MILLION, SALES AT 6.09 BILLION.  Full Article

KYM Holdings Says Its Unit Entered Into A Supply Agreement With Swedish Co Billerudkornas AB
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Kym Holdings Bhd ::UNIT ON DEC 12 ENTERED INTO A SUPPLY AGREEMENT WITH BILLERUDKORNAS AB.UNIT & BILLERUDKORNAS AB AGREED TO TERMINATE CONTRACT FOR MANUFACTURE & SALE OF INDUSTRIAL SACKS IN SOUTHEAST ASIA.PURSUANT TO TERMINATION, BILLERUDKORNAS AB HAS PAID HASRAT MERANTI ABOUT 7.3 MILLION RGT AS EXIT FEE.  Full Article

BillerudKorsnas agrees to buy Bergvik Skog Ost AB for 6.4 bln SEK
Friday, 30 Nov 2018 

Nov 30 (Reuters) - BillerudKorsnas AB (publ) ::BILLERUDKORSNÄS HAS ENTERED INTO AN AGREEMENT TO ACQUIRE BERGVIK SKOG ÖST.BILLERUDKORSNAS AB (PUBL) SAYS PURCHASE PRICE FOR BERGVIK SKOG ÖST AB AMOUNTS TO APPROXIMATELY SEK 6.4 BILLION ON A DEBT FREE BASIS AND AFTER REDUCTION OF DEFERRED TAX.BILLERUDKORSNAS AB (PUBL) SAYS CASH EFFECT OF ACQUISITION OF BERGVIK SKOG ÖST AB, NET AFTER SALE OF 5 PERCENT OF SHARES IN BERGVIK SKOG VÄST AB, IS EXPECTED TO AMOUNT TO APPROXIMATELY SEK 5.4 BILLION.BILLERUDKORSNAS AB (PUBL) SAYS ACQUISITION IS FINANCED WITH BANK LOANS.BILLERUDKORSNAS AB (PUBL) SAYS BILLERUDKORSNÄS' LONG TERM FINANCIAL TARGET, THAT INTEREST-BEARING NET DEBT RELATIVE TO EBITDA SHOULD BE LESS THAN A MULTIPLE OF 2.5, REMAINS UNCHANGED.BILLERUDKORSNAS AB (PUBL) SAYS BILLERUDKORSNÄS WILL UNTIL FURTHER NOTICE REMAIN AS OWNER OF 5 PERCENT OF SHARES IN BERGVIK SKOG AB.BILLERUDKORSNAS AB (PUBL) SAYS INTENTION IS TO UNWIND BERGVIK SKOG AB WHEN PRACTICALLY POSSIBLE, AND IN CONNECTION THEREWITH BILLERUDKORSNÄS IS EXPECTED TO RECEIVE A DIVIDEND.BILLERUDKORSNAS AB (PUBL) SAYS ACQUISITION CONTRIBUTES TO SECURING BILLERUDKORSNÄS' FUTURE WOOD SUPPLY THROUGH DIRECT DELIVERIES AND MORE EFFICIENT LOGISTICS FLOWS.  Full Article

BillerudKorsnäs appoints new CFO
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - BillerudKorsnas AB (publ) ::BILLERUDKORSNÄS APPOINTS CFO.IVAR VATNE IS APPOINTED CHIEF FINANCIAL OFFICER.IVAR WILL BE PART OF BILLERUDKORSNÄS GROUP MANAGEMENT AND WILL TAKE UP HIS POST BY 1 JUNE 2019 AT LATEST.  Full Article

BillerudKorsnas Q2 core profit lags forecast
Wednesday, 18 Jul 2018 

July 18 (Reuters) - BillerudKorsnas AB (publ) ::Q2 NET SALES WERE SEK 5 898 MILLION (5 600), AN INCREASE OF 5% MAINLY AS A RESULT OF INCREASED LOCAL SALES PRICES..Q2 ADJUSTED EBITDA WAS SEK 671 MILLION (882), A DECREASE OF 24%.Q2 EBITDA WAS SEK 203 MILLION (863).SAYS BOTH RAW MATERIAL COSTS AND WOOD SUPPLY WILL CONTINUE TO CHALLENGE OUR RESULT AND PRODUCTION.SAYS PRODUCTION HAS BEEN STABLE DURING QUARTER, APART FROM START-UP ISSUES RELATED TO PLANNED MAINTENANCE SHUTDOWNS.SAYS STRONG DEMAND WITHIN ALL BUSINESS AREAS IS EXPECTED TO CONTINUE.SAYS ORDER LEVELS ARE HIGH WITH POSSIBILITIES FOR SELECTED PRICE INCREASES TO OFFSET RISING RAW MATERIAL PRICES.  Full Article

Billerudkorsnäs Will Make A Provision Of SEK 450 Million In The Second Quarter 2018
Tuesday, 10 Jul 2018 

July 10 (Reuters) - BillerudKorsnas AB (publ) ::BILLERUDKORSNÄS WILL MAKE A PROVISION OF SEK 450 MILLION IN THE SECOND QUARTER 2018.PROVISION WILL HAVE A NEGATIVE EFFECT ON RESULT IN Q2 OF 2018.RECENTLY LAUNCHED GROUP-WIDE PROGRAM FOR IMPROVED PRODUCTION EFFICIENCY.ALSO BEEN DECIDED TO IMPLEMENT UNIFIED ACCOUNTING PRINCIPLES REGARDING SPARE PARTS AND CONSUMABLES AT MILLS.  Full Article

TCECUR Sweden Unit Wins Deals Worth SEK 4.5 Million
Wednesday, 20 Jun 2018 

June 20 (Reuters) - TCECUR SWEDEN AB (PUBL) ::TCECUR WINS DEALS THROUGH UNIT TC CONNECT SVERIGE.TOTAL ORDER VALUE OF DEALS AMOUNTS TO SEK 4.5 MILLION.ORDERS ARE FROM A GOVERNMENT AUTHORITY AND BILLERUD KORSNÄS.  Full Article

BillerudKorsnas Q1 EBITDA lags forecast, sees strong Q2 demand
Friday, 20 Apr 2018 

April 20 (Reuters) - BillerudKorsnas AB (publ) ::Q1 EBITDA WAS SEK 1 065 MILLION (923).Q1 ADJUSTED EBITDA WAS SEK 1 102 MILLION (938).Q1 NET SALES WERE SEK 5 897 MILLION (5 636).SAYS STRONG DEMAND ACROSS ALL BUSINESS AREAS IS EXPECTED TO CONTINUE OVER NEXT QUARTER.SAYS WE HAVE FAVOURABLE ORDER LEVELS WITH OPPORTUNITIES FOR CONTINUED PRICE INCREASES TO OFFSET RISING RAW MATERIAL PRICES THAT ARE ADVERSELY AFFECTING ENTIRE SECTOR.SAYS SALES VOLUMES DECREASED COMPARED WITH LAST YEAR, WHILE NET SALES INCREASED BY 5% OWING MAINLY TO INCREASED PRICES AND A POSITIVE CURRENCY IMPACT.SAYS OWING TO WEATHER-RELATED WOOD SHORTAGE THAT AFFECTED ENTIRE SECTOR, WE HAVE HAD DIFFICULTY IN FULLY MEETING CUSTOMER DEMAND DURING PERIOD.SAYS OUR INVESTMENTS ARE PROGRESSING ACCORDING TO PLAN.REUTERS POLL: BILLERUDKORSNAS Q1 EBITDA WAS SEEN AT SEK 1,112 MILLION, SALES AT 5.94 BILLION.  Full Article

EU mergers and takeovers (April 24)

BRUSSELS, April 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process: