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Svenska Cellulosa SCA AB (SCAb.ST)

SCAb.ST on Stockholm Stock Exchange

78.40SEK
12:15pm GMT
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0.16kr (+0.20%)
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78.24kr
Open
78.22kr
Day's High
78.78kr
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78.18kr
Volume
385,218
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312.20kr
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60.25kr

Latest Key Developments (Source: Significant Developments)

Scandic Predicts Lower Earnings For Q4
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Scandic Hotels Group Ab ::SCANDIC PREDICTS LOWER EARNINGS FOR THE FOURTH QUARTER.ESTIMATES THAT ADJUSTED EBITDA FOR Q4 2017 WILL BE AROUND 330 MSEK​.‍FOR Q4 OF 2016 ADJUSTED EBITDA AMOUNTED TO 392 MSEK ADJUSTED FOR A ONE-OFF GAIN OF 65 MSEK.​.‍DEVIATION IS EXPLAINED BY LOWER EARNINGS IN SWEDISH OPERATIONS AND ONE-TIME COSTS FOR CENTRAL FUNCTIONS​.‍ADJUSTED EBITDA FOR SCANDIC HOTELS' CENTRAL FUNCTIONS IS ESTIMATED TO AMOUNT TO APPROXIMATELY -140 MSEK FOR Q4​.  Full Article

Changes in SCA management board
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Svenska Cellulosa SCA AB :SCA says Mats Sandgren will leave his position as president of business area Forest as of April 1 2018​.Says ‍Jonas Mårtensson, presently president of business area Wood, will take on position as president of business area Forest​.Says ‍Jerry Larsson, presently manager of Obbola papermill, will take on position as president of business area Wood​.  Full Article

SCA Q3 profit tops forecast​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - SCA AB :Q3 operating profit SEK 776m (581) vs mean forecast 652m .Jan-Sept ‍adjusted EBITDA improved 10% to SEK 2,683m (2,443)​.SCA AB Jan-Sept ‍operating profit totaled SEK 1,725m​.Says Jan-Sept ‍net sales increased 9% to SEK 12,422m (11,434)​.Says ‍market trend was favorable in all of SCA's segments and earnings improved compared with preceding quarter as well as same quarter last year​.Says ‍market conditions are good in all of SCA's segments, with favorable demand and continued price increases​.Reuters poll: SCA Jan-Sept operating profit seen at SEK 1,601 million, sales at SEK 12,133 million.  Full Article

SCA takes restructuring measures in France, sees costs at SEK 500 mln
Thursday, 1 Sep 2016 

SCA : Continues to improve efficiency of tissue production in Europe . Says total costs are expected to amount to approximately 500 million Swedish crowns ($58 million), of which about SEK 470 million will be recognized as an item affecting comparability in q3 of 2016 . The remaining costs will be recognized as an item affecting comparability in the fourth quarter of 2016 . Of these costs, approximately SEK 340 million is expected to affect cash flow . Says to implement restructuring measures at its production plants in Hondouville and Saint-Etienne-du-Rouvray, France .Says measures will lead to lower production costs and increased competitiveness.  Full Article

SCA shares soar on plans to split firm
Wednesday, 24 Aug 2016 

Svenska Cellulosa SCA AB : SCA shares rise as much as 12.6 pct on plans to split group . At 0810 GMT, SCA is upp 10.0 pct Further company coverage: [SCAb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

SCA Jan-June adjusted operating profit below forecasts
Tuesday, 19 Jul 2016 

SCA : Jan-Jun organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 2 pct . Reuters Poll: Jan-Jun adjusted EBIT was seen at SEK 6,765 million, sales at SEK 57,919 million [nL8N1A11ZY] . Jan-Jun net sales amounted to SEK 57,263m (57,177) .Jan-Jun adjusted operating profit, which excludes items affecting comparability, rose 9 pct to SEK 6,652m (6,089).  Full Article

SCA says fined SEK 325 mln in Spain, will appeal
Wednesday, 1 Jun 2016 

SCA : Says as communicated in May 2015, the company is one of several businesses active on the Spanish incontinence care market that is part of an investigation by the Spanish National Commission for Markets and Competition (CNMC) . Says CNMC is fining SCA about SEK 325 million for alleged improper market conduct between 1996 and 2014 . Says does not agree with the CNMC's decision and will submit an appeal . Says a provision for the fine will be reported as an item affecting comparability in the second quarter of 2016 ((Niklas.Pollard@thomsonreuters.com; +46 70721 1110; Reuters Messaging: niklas.pollard.reuters.com@reuters.net)).  Full Article

Svenska Cellulosa AB SCA says divestment of business for integration with Vinda is closing
Friday, 1 Apr 2016 

Svenska Cellulosa AB SCA:Divestment of its business in South East Asia, Taiwan and South Korea for integration with Vinda is closing on April 1.  Full Article