Monday, 23 September 2019 10:59
Rottneros seeks approval from noteholders regarding a potential extra dividend payment
Rottneros AB (publ) (“Rottneros”) has just announced that it is, through a written procedure, soliciting approval from holders of its notes (the “Noteholders”) with ISIN SE0010297804 (the “Notes”) to waive the distribution restriction in the terms & conditions of the…
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Monday, 23 September 2019 10:57
Lower pace of KM7 start-up affects third quarter result
Due to a lower pace in the initial start-up of the new board machine at Gruvön, the effect on the result in the third quarter is adjusted by approximately SEK 150 million. The effects in the fourth quarter and the…
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Thursday, 19 September 2019 22:24
Södra adjusts timber prices to conditions in the market
Södra is adjusting the price of spruce logs and pulpwood. Spruce log supplies are high in both Sweden and the rest of Europe. The global economy is showing continued signs of a slowdown, which is affecting the finished goods market,…
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financial News
Thursday, 19 September 2019 19:16
WestRock Provides Update of Financial Impact Following Hurricane Dorian
WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, today provided an estimate of the impact of Hurricane Dorian on its fiscal fourth quarter financial results. The Company idled three of its containerboard mills in the…
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Friday, 13 September 2019 13:39
Pulp Market to Reach a Valuation of ~ US$ 333 Bn by 2027; Transparency Market Research
In terms of revenue, the global pulp market is estimated to expand at a CAGR of ~ 4% during the forecast period, owing to numerous factors, about which, Study offers thorough insights and forecast in this report. Pulp Market: An…
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Thursday, 15 August 2019 11:47
Lucart presents its 2018 Sustainability Report with a focus on Circular Economy, new investments, dialogue with the stakeholders, and partnerships for sustainable development
Lucart’s 14th Sustainability Report, drawn up in accordance with the international guidelines of the Global Reporting Initiative (GRI Standard), highlights, among other things, an increase in turnover (+12%) and key investments such as the acquisition of three production plants in…
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Monday, 08 July 2019 11:23
Verso Corporation Adopts Limited Duration Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"), following the Board's evaluation and consultation with the Company's advisors, and has declared a dividend distribution…
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Monday, 08 July 2019 09:32
Verso Corporation Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including…
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Wednesday, 26 June 2019 10:41
Publishing of Valmet's Half Year Financial Review January - June 2019 on July 23, 2019
Valmet's Half Year Financial Review for January 1 - June 30, 2019 will be published on Tuesday, July 23, 2019 at approximately 3:00 p.m Finnish time (EET). The stock exchange release and presentation material in Finnish and in English will…
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Monday, 20 May 2019 16:23
Resolute Completes Five-Year Extension of ABL Credit Facility
Resolute Forest Products Inc. have just announced a 5-year extension of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $500 million at any time outstanding, subject to borrowing base availability…
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Thursday, 09 May 2019 21:28
Pulpwood prices in North America were 5-10% higher in the 1Q/19 than the 1Q/18
Pulpwood prices in North America were 5-10% higher in the 1Q/19 than the 1Q/18, with prices in the US South having increased the most due to challenging weather conditions, as reported by the North American Wood Fiber Review The winter…
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Wednesday, 08 May 2019 07:37
Lenzing makes a very solid start to the 2019 financial year
Lenzing – The Lenzing Group continued its solid development in the first quarter of 2019. Despite a much tighter market environment, the Lenzing Group even recorded a slight increase in revenue, proving once again that it has chosen the right…
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Thursday, 28 February 2019 08:52
Valmet revises upwards its net sales guidance for 2019 due to the acquisition of GL&V
Valmet announced the acquisition of GL&V, a global provider of technology and services to the pulp and paper industry, by press release on February 26, 2019. Following the acquisition, Valmet revises upwards its net sales guidance for 2019. The new…
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Tuesday, 18 September 2018 08:32
Valmet hosts a Capital Markets Day today, September 18, 2018 in Helsinki
Valmet hosts a Capital Markets Day for institutional investors and analysts today, Tuesday, September 18, 2018 in Helsinki. The aim of the event is to provide information and an update on Valmet's progress in strategy execution and business outlook. Valmet's…
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Monday, 17 September 2018 06:35
BillerudKorsnäs Capital Markets Webcast 2018: “Unlocking the Potential”
“Unlocking the Potential” is the main theme of BillerudKorsnäs’ Capital Markets Webcast on 17 September 2018. During the webcast, BillerudKorsnäs will provide a strategy update including more insights into the Next Generation and Production Excellence programmes. The group’s long-term financial…
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