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BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

114.00SEK
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Latest Key Developments (Source: Significant Developments)

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

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

Deals of the day-Mergers and acquisitions

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