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BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

130.60SEK
15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

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

Caverion Delivers Technical Installations To Billerud Korsnäs In Sweden
Monday, 19 Mar 2018 

March 19 (Reuters) - CAVERION OYJ ::CAVERION DELIVERS TECHNICAL INSTALLATIONS TO BILLERUD KORSNÄS IN SWEDEN.‍VALUE OF CONTRACT IS APPROXIMATELY EUR 10 MILLION.​.‍CAVERION'S INSTALLATION WORK STARTED IN DECEMBER 2017 AND WILL BE FINALISED IN DECEMBER 2018​.  Full Article

Billerudkorsnas sees 2017 operating profit at around 2.2 bln SEK
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Billerudkorsnas ::PRODUCTION DISRUPTIONS IMPACT PROFIT NEGATIVELY.SAYS ‍DIFFICULTIES WITH PRODUCTION AVAILABILITY CONTINUED IN Q4 2017 WHICH IMPACTED SALES VOLUMES NEGATIVELY DESPITE A VERY STRONG MARKET​.SAYS ‍OPERATING PROFIT (EBIT) FOR FULL YEAR 2017 IS CALCULATED TO BE APPROXIMATELY MSEK 2 240 WHICH IS LOWER THAN EXPECTED BUT GIVES A MARGIN OF 10 PERCENT​.SAYS ‍IT IS MAINLY PRODUCTION FACILITIES IN GRUVÖN AND GÄVLE THAT ARE AFFECTED, WHICH IMPACT SALES NEGATIVELY WITHIN BUSINESS AREAS CONSUMER BOARD AND CORRUGATED SOLUTIONS​.SAYS ‍WE NOW INTENSIFY OUR ACTION PLAN TO INCREASE STABILITY AND AVAILABILITY IN OUR PRODUCTION​.  Full Article

BillerudKorsnas says results to be hit by pulpwood shortage
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Billerudkorsnas AB (Publ) ::BILLERUDKORSNAS IS IMPACTED BY SHORTAGE OF PULPWOOD DUE TO WET AND MILD WINTER.SAYS ‍WET AND MILD WEATHER IN FALL AND EARLY WINTER HAS LED TO A SHORTAGE OF PULPWOOD IN LATE 2017 AND EARLY 2018​.SAYS GIVEN CURRENT ASSESSMENTS ESTIMATED NEGATIVE IMPACT ON EARNINGS IN Q1 2018 IS APPROXIMATELY SEK 80-100 MILLION.SAYS FINANCIAL IMPACT ON Q4 2017 RESULTS IS MINOR AND IT IS DIFFICULT TO ASSESS EXTENT OF LACK OF PULPWOOD AND HOW LONG SITUATION WILL LAST.  Full Article

BillerudKorsnas sees higher investment costs for board machine
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Billerudkorsnas Ab (Publ) ::BILLERUDKORSNAS SEES CONTINUED STRONG MARKET DEVELOPMENT FOR THE PRODUCTS FROM THE NEW BOARD MACHINE, BUT EXPECTS HIGHER INVESTMENT COSTS.SAYS ‍INVESTMENT COSTS FOR BILLERUDKORSNAS' NEW BOARD MACHINE IN GRUVON MAY INCREASE BY APPROXIMATELY 20 PERCENT COMPARED TO PREVIOUSLY ANNOUNCED INVESTMENT COST OF A TOTAL OF SEK 5.7 BILLION ($673.97 MILLION)​.  Full Article

Billerudkorsnas plans to buy forest assets
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Billerudkorsnas ::BILLERUDKORSNAS INTENDS TO ACQUIRE FOREST ASSETS.SAYS ‍BILLERUDKORSNAS HAS SIGNED A LETTER OF INTENT TO ACQUIRE BERGVIK SKOG ÖST AB, OWNED BY BERGVIK SKOG​.SAYS ‍BERGVIK SKOG ÖST AB COMPRISES APPROXIMATELY 350,000 HECTARES OF FOREST LAND IN SWEDEN.THE LETTER OF INTENT, WHICH CONCERNS A DIVISION OF BERGVIK SKOG AB’S FOREST ASSETS AMONG CURRENT OWNERS, HAS BEEN SIGNED WITH OTHER OWNERS THAT TOGETHER WITH BILLERUDKORSNAS REPRESENT ABOUT 98 PCT OF THE OWNERSHIP IN BERGVIK SKOG AB.AS A PART OF THE LOI, THE PURCHASE PRICE PRINCIPLE HAS BEEN DEFINED AS IFRS BOOK VALUE PLUS 3% FOR THE ASSETS INCLUDED IN THE TRANSACTION.SIMULTANEOUS TO ACQUIRING BERGVIK SKOG OST AB, BILLERUDKORSNÄS INTENDS TO DIVEST ITS INDIRECT 5 PCT OWNERSHIP IN THE FOREST ASSETS IN BERGVIK SKOG VAST AB.THE AMBITION IS TO CLOSE THESE TRANSACTIONS DURING 2018​.  Full Article

ORAB to deliver piping installations to BillerudKorsnäs​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - INSTALCO INTRESSENTER AB ::ORAB SIGNS CONTRACT FOR BILLERUDKORSNÄS' <<>> EXPANSION.UNIT ‍AWARDED ASSIGNMENT TO DELIVER PIPING INSTALLATIONS​.‍ORAB'S CONTRACT HAS AN ORDER VALUE OF APPROX. SEK 40 MILLION​.‍PROJECT IS EXPECTED TO START IN JANUARY 2018​.  Full Article

Billerudkorsnas Q3 EBITDA matches forecasts, sees strong Q4 demand
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Billerudkorsnas AB (Publ) :Q3 ‍net sales SEK 5,544 m​.Q3 ‍EBITDA SEK 1,051 m.Reuters poll: Billerudkorsnas q3 EBITDA was seen at SEK 1.06 billion, sales at 5.70 billion​.Says ‍EBITDA was affected by costs of sek 215 million for planned maintenance shutdowns​.Says ‍demand and order situation are expected to be strong in Q4 with normal seasonal variances for all business areas​.Says ‍packaging paper and corrugated solutions business areas see opportunities for local price increases in next quarter​.Says ‍wood costs for Q4 are expected to be unchanged​.Says ‍costs for planned maintenance shutdowns in Q4 are estimated at SEK 120 million​.Says ‍additional non-recurring costs at gruvön of around SEK 30 million for training and temporary staff are expected to impact Q4​​.Outlook for 2018: Says ‍paper prices in local currency are expected to increase.​.Outlook for 2018: Says ‍total raw material cost might be impacted by an increased market demand​.Outlook for 2018: Says ‍pulp price is expected to decrease during year​.Outlook for 2018: Says ‍production capacity is estimated to increase by approximately 1%.​.Outlook for 2018: Says ‍company expects additional non-recurring costs at gruvön of around SEK 150 million for loss of volumes, training and temporary staff​.Says MG machine, moved to Skärblacka from Tervasaari, will be started up and is expected to produce 40 ktonnes, mainly in the second half of the year.  Full Article

Billerudkorsnas says Karlsborg unit seen back at full production next week
Monday, 11 Sep 2017 

Sept 11 (Reuters) - BillerudKorsnas AB (Publ) :BillerudKorsnas production unit in Karlsborg expected to be back to full production during next week.Says "During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg and the production has been stopped since then".Says now expects Karlsborg to be back to full production during the week starting with Monday September 18th.The production unit in Karlsborg manufactures sack and kraft paper as well as market pulp for the Packaging Paper business area and has a production capacity of approximately 300,000 tonnes per year.  Full Article

Billerudkorsnas Q2 adjusted operating profit just above forecast
Wednesday, 20 Jul 2016 

Billerudkorsnas Publ Ab : Q2 net sales for quarter amounted to SEK 5,439 million . Q2 operating profit 499 million SEK . Q2 adjusted operating profit 524 mln SEK . The item affecting comparability is related to a fraud case that caused a loss of SEK 25 million . Says demand and order situation for Q3 is expected to be stable with normal seasonal variances for all business areas . Says average prices in local currency in Q3 are in general anticipated to be stable with exceptions for some segments . Says no changes to wood prices are anticipated for Q3 . Says gavle and karlsborg production units will have planned maintenance shutdowns during Q3 . Costs for planned maintenance shutdowns in the production units in Gruvon and Skarblacka amounted to SEK 244 million, compared to estimated SEK 220 million .Reuters poll: Billerudkorsnas Q2 net sales were seen at 5,371 mln SEK, adj operating profit of 516 mln, operating profit of 516 mln [nL8N1A042U].  Full Article

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Russian sanctions dent European share recovery

LONDON Further U.S. sanctions on Russian interests hit Europe-listed stocks on Monday, denting a recovery as investors became more hopeful a trade war between the United States and China could be averted.