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BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

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20 Feb 2019
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Latest Key Developments (Source: Significant Developments)

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

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

Deals of the day-Mergers and acquisitions

Nov 30 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: