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Svenska Cellulosa SCA AB (SCAb.ST)

SCAb.ST on Stockholm Stock Exchange

75.90SEK
19 Jul 2019
Change (% chg)

0.82kr (+1.09%)
Prev Close
75.08kr
Open
75.40kr
Day's High
76.04kr
Day's Low
74.10kr
Volume
4,001,350
Avg. Vol
2,902,323
52-wk High
109.15kr
52-wk Low
66.62kr

Latest Key Developments (Source: Significant Developments)

Svenska Cellulosa Acquires 10,000 Hectares Of Forest Land In Latvia
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Svenska Cellulosa SCA AB ::SCA ACQUIRES ANOTHER 10,000 HECTARES OF FOREST LAND IN LATVIA.PURCHASE PRICE IS APPROXIMATELY SEK 260 MILLION (EUR 24.2M) ON A DEBT-FREE BASIS..SCA HAS SIGNED AN AGREEMENT TO ACQUIRE SUNDIN MEZS SIA FROM UNLISTED SWEDISH COMPANY LIVLAND SKOG AB.ACQUISITION IS EXPECTED TO BE CLOSED IN Q3 2019.  Full Article

SCA Signs Credit Facility Agreement Of SEK 5 Billion
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Svenska Cellulosa SCA AB ::SCA SIGNS CREDIT FACILITY AGREEMENT OF SEK 5 BILLION AND SECURES A SEK 1 BILLION LOAN FROM THE NORDIC INVESTMENT BANK.NEW FACILITETY IS A REFINANCING OF CURRENT UNDRAWN CREDIT FACILITYS OF SEK 8 BILLION THAT WAS SIGNED IN 2017.FACILITY HAS A MATURITY OF 5 YEARS CONTAINING TWO EXTENSION OPTIONS OF 1 YEAR EACH.SEK 1 BILLION LOAN FROM NORDISKA INVESTERINGSBANKEN (NIB) HAS A MATURITY OF 10 YEARS.  Full Article

SCA Sells Logistics Terminal In Rotterdam
Monday, 3 Jun 2019 

June 3 (Reuters) - Svenska Cellulosa SCA AB ::SCA SELLS LOGISTICS TERMINAL IN ROTTERDAM.SCA SELLS LOGISTICS TERMINAL IN ROTTERDAM.DIVESTMENT IS EXPECTED TO REDUCE SCA'S EBITDA BY AROUND 30 M SEK ON AN ANNUAL BASIS..TRANSACTION IS EXPECTED TO REDUCE SCA'S NET DEBT BY ABOUT 575 M SEK.TRANSACTION IS EXPECTED TO REDUCE SCA'S NET DEBT BY ABOUT 575 M SEK.SCA INTENDS TO DIVEST SCA LOGISTICS (ROTTERDAM) B.V. TO DUTCH COMPANY MATRANS HOLDINGS B.V..  Full Article

SCA Q1 EBITDA Rose 33% To SEK 1.56 Bln
Friday, 26 Apr 2019 

April 26 (Reuters) - Svenska Cellulosa SCA AB ::INTERIM REPORT Q1 2019.Q1 NET SALES INCREASED 15% TO SEK 5,076M (4,400), MAINLY RELATED TO HIGHER VOLUMES IN PULP AND HIGHER SELLING PRICES.Q1 EBITDA ROSE 33% TO SEK 1,560M (1,175). IMPROVEMENT WAS MAINLY RELATED TO HIGHER SELLING PRICES..EARNINGS FOR Q1 2019 IMPROVED COMPARED WITH PRECEDING QUARTER AS WELL AS SAME QUARTER LAST YEAR.REUTERS POLL: SCA Q1 EBITDA SEEN AT SEK 1.49 BILLION, SALES AT SEK 5.05 BILLION.  Full Article

SCA Jan-June earnings in line with forecasts
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Svenska Cellulosa SCA AB ::H1 NET SALES INCREASED 11% TO SEK 9,070M (8,191)..H1 EBITDA ROSE 45% TO SEK 2,209M (1,521).SAYS EXPANDED PULP MILL IN ÖSTRAND WENT INTO OPERATION IN JUNE FOLLOWING A PLANNED EXPANSION STOP TO COMPLETE FINAL STAGE OF SEQUENTIAL START-UP.SAYS SUPPLY OF WOOD TO SCA'S INDUSTRIES WAS STABLE.SAYS START-UP OF THE ÖSTRAND MILL HAS GONE WELL DESPITE OPERATIONAL DISRUPTIONS AND NECESSARY ADJUSTMENTS AND FINE-TUNING THAT CAN BE EXPECTED IN SUCH A MAJOR PROJECT.SAYS A GOOD LEVEL OF PRODUCTION WAS ACHIEVED EARLY AND ÖSTRAND IS NOW FOCUSING ON ENSURING STABLE PRODUCTION AND GRADUALLY CALIBRATING MILL TO REACH FULL CAPACITY AND HIGHEST QUALITY.REUTERS POLL: SCA H1 EBITDA SEEN AT SEK 2,205 MILLION, SALES AT SEK 8,975 MILLION.  Full Article

St1 And SCA partner to produce renewable fuels
Monday, 21 May 2018 

May 21 (Reuters) - Svenska Cellulosa SCA AB ::ST1 AND SCA FORM PARTNERSHIP TO PRODUCE RENEWABLE FUELS.SAYS PLANNED PRODUCTION SITE WILL BE ST1'S REFINERY IN GOTHENBURG.SAYS AIM OF PARTNERSHIP IS TO CONSTRUCT A NEW FACILITY TO PRODUCE ADVANCED RENEWABLE FUELS FROM TALL OIL WITH A CAPACITY OF 100 000 TONNES PER ANNUM.SAYS CONSTRUCTION OF NEW FACILITY, SUBJECT TO PERMISSION PROCESS AND FINAL APPROVAL FROM BOTH COMPANIES, IS EXPECTED TO COST AROUND 500 MSEK TO BUILD AND IS PLANNED TO BE OPERATIONAL IN 2021.  Full Article

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

UPDATE 2-Essity to try making pulp from wheat straw to stem rising costs

* Sees hygiene and health market growing 3%/yr through 2023 (Adds CEO comment, detail)