Edition:
United States

BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

136.50SEK
20 Oct 2017
Change (% chg)

0.70kr (+0.52%)
Prev Close
135.80kr
Open
136.10kr
Day's High
136.90kr
Day's Low
135.80kr
Volume
453,296
Avg. Vol
591,508
52-wk High
158.70kr
52-wk Low
123.20kr

Latest Key Developments (Source: Significant Developments)

Billerudkorsnas Q3 EBITDA matches forecasts, sees strong Q4 demand
Tuesday, 17 Oct 2017 01:00am EDT 

Oct 17 (Reuters) - Billerudkorsnas AB (Publ) :Q3 ‍net sales SEK 5,544 m​.Q3 ‍EBITDA SEK 1,051 m.Reuters poll: Billerudkorsnas q3 EBITDA was seen at SEK 1.06 billion, sales at 5.70 billion​.Says ‍EBITDA was affected by costs of sek 215 million for planned maintenance shutdowns​.Says ‍demand and order situation are expected to be strong in Q4 with normal seasonal variances for all business areas​.Says ‍packaging paper and corrugated solutions business areas see opportunities for local price increases in next quarter​.Says ‍wood costs for Q4 are expected to be unchanged​.Says ‍costs for planned maintenance shutdowns in Q4 are estimated at SEK 120 million​.Says ‍additional non-recurring costs at gruvön of around SEK 30 million for training and temporary staff are expected to impact Q4​​.Outlook for 2018: Says ‍paper prices in local currency are expected to increase.​.Outlook for 2018: Says ‍total raw material cost might be impacted by an increased market demand​.Outlook for 2018: Says ‍pulp price is expected to decrease during year​.Outlook for 2018: Says ‍production capacity is estimated to increase by approximately 1%.​.Outlook for 2018: Says ‍company expects additional non-recurring costs at gruvön of around SEK 150 million for loss of volumes, training and temporary staff​.Says MG machine, moved to Skärblacka from Tervasaari, will be started up and is expected to produce 40 ktonnes, mainly in the second half of the year.  Full Article

BillerudKorsnas says has decided on repurchase of shares
Monday, 11 Sep 2017 09:00am EDT 

Sept 11 (Reuters) - BillerudKorsnas AB (Publ) :The board of BillerudKorsnas has decided on repurchase of shares.  Full Article

BillerudKorsnas chief Lindberg appointed CEO of Epiroc
Tuesday, 18 Jul 2017 01:00am EDT 

July 18 (Reuters) - Atlas Copco AB :BillerudKorsnas CEO Per Lindberg appointed CEO of epiroc, the company Atlas Copco plans to dividend out in 2018.  Full Article

Billerudkorsnas core profit tops forecast, CEO to leave the firm
Tuesday, 18 Jul 2017 01:00am EDT 

July 18 (Reuters) - Billerudkorsnas AB (Publ) :Q2 net sales SEK 5 600 m.Q2 ebitda SEK 863 m.Q2 demand and order situation are expected to be strong in Q3 with normal seasonal variances for all business areas.Q2 packaging paper and corrugated solutions business areas see opportunities for local price increases in next quarter..Q2 longer transportation of wood is expected to have a 3% negative effect on wood costs in q3 compared with q2..Q2 situation at port of gothenburg could have an impact on group's delivery capacity and costs during q3.Q2 costs for planned maintenance shutdowns in q3 are estimated at SEK 215 million.Q2 earnings per share for quarter amounted to SEK 1.72 (1.93)..Reuters poll: Billerudkorsnas Q2 adjusted ebitda was seen at sek 842 million, sales at 5,606 million.BillerudKorsnäs President and CEO Per Lindberg has today to the Board of Directors announced his decision to leave the company to become the President and CEO of Epiroc.  Full Article

Billerudkorsnas Q1 matches forecast
Thursday, 20 Apr 2017 01:00am EDT 

April 20 (Reuters) - Billerudkorsnas AB (Publ) :Q1 net sales SEK 5,636 million.Says demand and order situation for Q2 is expected to be strong with normal seasonal variances for all business areas..Q1 EBITDA SEK 923 million.Says for business areas packaging paper and corrugated solutions there are potential for local price increases in coming quarter..Says no changes are anticipated for wood costs or wood prices in Q2 compared to Q1.Says production unit in Rockhammar may incur additional costs in Q2, approximately SEK 5-10 million..Says costs for planned maintenance shutdown in Q2 are estimated to SEK 205 million.Says our operating profit SEK 550 million falls short of our expectations.Reuters poll: Billerudkorsnas Q1 adjusted EBITDA was seen at SEK 920 million, sales at 5,614 million, operating profit at 551 million.Says EBITDA was burdened with SEK 80 million of one-off costs for quality issues and extra costs for mill re-build.Says EBITDA was also impacted by SEK 75 million costs for maintenance shutdown.  Full Article

Billerudkorsnas sees Q1 operating profit of 550 mln SEK, hit by extra costs
Friday, 7 Apr 2017 02:00am EDT 

Billerudkorsnas AB (Publ) : Billerudkorsnas first quarter impacted by spillover from previous production problems during 2016 . Says operating profit for Q1 is estimated to amount to approximately SEK 550 million. . Says extra costs for quality problem and re-build amount to approximately SEK 80 million . Says there is also a timing issue between Q1 and Q2 for costs related to maintenance shutdown in Gruvon where approximately SEK 15 million more than previously guided is taken in Q1 . Says this will reduce Q2 impact with SEK 10 million compared to previous guidance . Says additional SEK 10 million impact result negatively due to reassessment according to IAS16 and relates to costs for moving and education in restructuring project in Skarblacka. . Says this will impact full-year results with approximately SEK 45 million and hence reduce capex with same amount. . Says production is delivering to expectations . Says production volumes were highest ever in a single quarter, and sales, especially for consumer board, is showing better than anticipated growth .CEO says market trends for packaging paper and corrugated solutions are also very strong at moment so looking beyond these two issues it actually looks pretty good.  Full Article

BillerudKorsnas Q4 EPS just lags expectation, sees stable demand Q1
Thursday, 2 Feb 2017 01:00am EST 

Billerudkorsnas AB : Q4 net sales sek 5 468 m . Q4 ebitda sek 693 m . Q4 adjusted ebitda sek 898 m . Q4 earnings per share sek 0.66 (0.96) . Reuters poll: billerudkorsnas q4 earnings per share was seen at sek 0.68, dividend at sek 4.31per share . proposes a dividend of sek 4.30 per share . sees stable demand, order situation Q1 with normal seasonal variances for all business areas . sees unchanged average prices in local currency in Q1 in all segments except for impact of previously announced price increases in sack segment . says for coming quarter wood cost is expected to increase approximately 3% due to higher transportation cost, however no changes to wood prices are expected .says investment level 2017 will be approximately sek 4 300 m.  Full Article

Borregaard and BillerudKorsnäs enter into development agreement
Thursday, 8 Dec 2016 03:10am EST 

Borregaard ASA :Borregaard and BillerudKorsnäs have entered into a development agreement where BillerudKorsnäs wish to run full scale tests of packaging products containing micro fibrillated cellulose (MFC).  Full Article

Billerudkorsnas Q2 adjusted operating profit just above forecast
Wednesday, 20 Jul 2016 01:00am EDT 

Billerudkorsnas Publ Ab : Q2 net sales for quarter amounted to SEK 5,439 million . Q2 operating profit 499 million SEK . Q2 adjusted operating profit 524 mln SEK . The item affecting comparability is related to a fraud case that caused a loss of SEK 25 million . Says demand and order situation for Q3 is expected to be stable with normal seasonal variances for all business areas . Says average prices in local currency in Q3 are in general anticipated to be stable with exceptions for some segments . Says no changes to wood prices are anticipated for Q3 . Says gavle and karlsborg production units will have planned maintenance shutdowns during Q3 . Costs for planned maintenance shutdowns in the production units in Gruvon and Skarblacka amounted to SEK 244 million, compared to estimated SEK 220 million .Reuters poll: Billerudkorsnas Q2 net sales were seen at 5,371 mln SEK, adj operating profit of 516 mln, operating profit of 516 mln [nL8N1A042U].  Full Article

Pöyry awarded engineering services assignments by Billerudkorsnäs
Friday, 8 Jul 2016 03:30am EDT 

Pöyry Oyj : Has been awarded engineering services assignments by Billerudkorsnäs for a paper machine relocation and rebuild of existing paper machine . Assignment includes detail engineering services for all disciplines and related site services, to be carried out between 2016 and early 2018 . Value of order is not disclosed. . Assignment includes detail engineering services for all disciplines and related site services . Value of order is not disclosed. .Project will be executed in cooperation between Regional Operations Northern Europe and the Industry Business Group..  Full Article