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Westrock Provides Update Of Financial Impact Following Hurricane Dorian

Thursday, 19 Sep 2019

Westrock Co ::WESTROCK PROVIDES UPDATE OF FINANCIAL IMPACT FOLLOWING HURRICANE DORIAN.WESTROCK CO - PRE-TAX IMPACT FROM HURRICANE ON COMPANY'S FINANCIAL RESULTS FOR QUARTER ENDING SEPTEMBER 30 IS EXPECTED TO BE APPROXIMATELY $9 MILLION.WESTROCK CO - IDLED 3 OF CONTAINERBOARD MILLS THAT WERE LOCATED IN AREAS OF MANDATORY EVACUATION IN PROJECTED PATH OF HURRICANE DORIAN.WESTROCK CO - THREE MILLS RESUMED PRODUCTION AS EVACUATION ORDERS WERE LIFTED.

BillerudKorsnäs Adjusts Expectations

Monday, 16 Sep 2019

Sept 16 (Reuters) - BillerudKorsnas AB (publ) ::LOWER PACE OF KM7 START-UP AFFECTS THIRD QUARTER RESULT.EFFECT ON RESULT IN Q3 IS ADJUSTED BY APPROXIMATELY SEK 150 MILLION.NEGATIVE FULL YEAR EFFECT 2019 ON EBITDA FOR START-UP OF KM7 IS ADJUSTED FROM SEK 500 MILLION TO SEK 650 MILLION.EFFECT ON RESULT IMPACTED FIRST HALF YEAR BY SEK 190 MILLION AND IS ESTIMATED TO IMPACT Q3 BY APPROXIMATELY SEK 300 MILLION AND Q4 WITH APPROXIMATELY SEK 160 MILLION.EFFECTS IN Q4 AND FULL YEAR 2020 ARE EXPECTED TO BE UNCHANGED.MACHINE IS STILL EXPECTED TO MAKE A POSITIVE CONTRIBUTION TO EBITDA IN 2021.MARKET DEMAND FOR MATERIAL PRODUCED CONTINUES TO BE GOOD AND MACHINE IS STILL EXPECTED TO RUN AT FULL PRODUCTION CAPACITY IN 2023.

BillerudKorsnäs Introduces Cost Reduction Programme

Monday, 16 Sep 2019

Sept 16 (Reuters) - BillerudKorsnas AB (publ) ::COST REDUCTION PROGRAMME WITH POSITIVE RESULT EFFECTS OF SEK 600 MILLION WITH FULL EFFECT 2021.AS PART OF PROGRAMME, BILLERUDKORSNÄS HAS DECIDED TO REDUCE NUMBER OF EMPLOYEES BY UP TO 300.THIS DECISION AFFECTS ENTIRE OPERATION AND NEGOTIATIONS WITH TRADE UNIONS WILL BEGIN SHORTLY.AS A PART OF A STRATEGIC UPDATE, BILLERUDKORSNÄS IS INTRODUCING A COST REDUCTION PROGRAMME EXPECTED TO GENERATE POSITIVE EFFECTS ON EARNINGS OF AROUND SEK 600 MILLION WITH LASTING EFFECTS BEGINNING IN 2021.POSITIVE EFFECTS IN 2020 ARE EXPECTED TO AMOUNT TO APPROXIMATELY SEK 250 MILLION.

UK's CMA Opens Consultation On Liqui-Box Undertakings To Address Concerns Over DS Smith Deal

Thursday, 12 Sep 2019

Sept 12 (Reuters) - UK's CMA::OPENED CONSULTATION ON UNDERTAKINGS PROPOSED BY LIQUI-BOX TO ADDRESS CONCERNS OVER DEAL FOR DS SMITH'S FLEXIBLE PLASTIC PACKAGING UNIT.

Hanwell Holdings Announces Proposed Acquisition Of Property In Malaysia For 4.1 Mln RGT

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - Hanwell Holdings Ltd ::ANNOUNCES PROPOSED ACQUISITION OF PROPERTY IN MALAYSIA FOR 4.1 MILLION RGT.

DS Smith Affirms Financial View, Plastics Unit Disposal On Track

Tuesday, 3 Sep 2019

Sept 3 (Reuters) - DS Smith PLC ::CONTINUE TO EXPECT COMPLETION OF DISPOSAL OF PLASTICS DIVISION BEFORE END OF THIS CALENDAR YEAR.EXPECTATIONS FOR OVERALL FINANCIAL PERFORMANCE REMAIN UNCHANGED.VOLATILITY IN MACRO-ECONOMIC ENVIRONMENT AND INPUT COSTS REMAINS.CONSTRUCTION OF GREENFIELD PACKAGING PLANT IN INDIANA IS FULLY ON TRACK.

IG Design Group Sees Revenue And Profit Growth In FY20

Wednesday, 28 Aug 2019

Aug 28 (Reuters) - IG Design Group PLC ::TRADING UPDATE.POSITIVE TRADING TO DATE IN FY20 WITH REVENUE AND PROFIT SHOWING STRONG YEAR ON YEAR GROWTH.TO EXPECT AVERAGE LEVERAGE FOR FY20 TO CONTINUE TO REDUCE TO CIRCA.1.1 TIMES ADJUSTED EBITDA(FY19 - 1.3 TIMES).

Pro-Pac Packaging Posts FY Statutory Loss Of $151.3 Mln

Tuesday, 27 Aug 2019

Aug 28 (Reuters) - Pro-Pac Packaging Ltd ::FY STATUTORY LOSS $151.3 MILLION VERSUS LOSS OF $5.1 MILLION.FY REVENUE $485.8 MILLION VERSUS $371.5 MILLION.EXPECT GROUP TO INCREASE EBITDA (BEFORE SIGNIFICANT ITEMS) IN 2020.

Muda Holdings Posts Qtrly Net Profit 10.3 Mln RGT

Tuesday, 27 Aug 2019

Aug 27 (Reuters) - Muda Holdings Bhd ::QTRLY REVENUE 358.6 MILLION RGT; QTRLY NET PROFIT 10.3 MILLION RGT.YEAR AGO QTRLY REVENUE 353.8 MILLION RGT; YEAR AGO QTRLY NET PROFIT 11.5 MILLION RGT.

Paperpack Net Profit Up At EUR 1.2 Million YoY

Tuesday, 27 Aug 2019

Aug 27 (Reuters) - Paperpack Printing Box Manufacturing And Paper Packaging Industrial SA ::SAID ON MONDAY THAT H1 TURNOVER EUR 10.0 MLN VS EUR 8.6 MLN YR AGO.H1 EBITDA EUR 2.6 MLN VS EUR 1.2 MLN YR AGO.H1 PROFIT AFTER TAX EUR 1.2 MLN VS EUR 0.5 MLN YR AGO.

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