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Rottneros AB (RROS.ST)

RROS.ST on Stockholm Stock Exchange

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Rottneros swings to Q4 loss
Thursday, 9 Feb 2017 01:57am EST 

Rottneros AB : Says net turnover for Q4 of 2016 was SEK 441 million (429) . Says board of directors proposes an ordinary dividend of SEK 0.30 per share and an extra dividend of SEK 0.10 per share. . Says loss after financial items for Q4 was SEK 7 million (profit 1) . Says Like last year, fourth quarter earnings were impacted by the annual maintenance shutdown at Vallvik Mill . Says the loss of production and the direct cost of the shutdown decreased earnings for the fourth quarter by approx. SEK 55 million . Says a longer maintenance shutdown and a more difficult startup process at Vallvik Mill compared with the same quarter the previous year resulted in increased variable and fixed costs . Says in the fourth quarter a reversal of previous writedowns of SEK 23 million and write-downs of SEK 9 million were recognised, which had a positive impact on other expenses and earnings of SEK 14 million on a net basis For the original story click here: http://bit.ly/2lmSZwd Further company coverage: [RROS.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Rottneros Q2 pretax profit falls
Monday, 29 Aug 2016 02:00am EDT 

Rottneros Ab : Says net turnover for Q2 was 413 million Swedish crowns ($49 million) (SEK 456 million) .Says profit after financial items amounted to SEK 56 million (75) for Q2 2016.  Full Article

Rottneros Q1 pretax profit fell to 69 mln SEK
Monday, 16 May 2016 02:00am EDT 

Rottneros Ab , Q1: Profit after net financial items amounted to SEK 69 million (103) .Net turnover was SEK 432 million (454)..  Full Article

Rottneros AB raises proposed dividend to a total SEK 0.50/share
Tuesday, 19 Apr 2016 02:30am EDT 

Rottneros AB:Board raises the proposed dividend for FY 2015.Says has decided to increase dividend proposal and propose to annual general meeting a dividend of 0.30 Swedish crowns per share and an extra dividend of 0.20 crowns per share, i.e. a total dividend of 0.50 crowns per share.Says background of the increased proposal is the positive development during the past two years, resulting in a very strong balance sheet with a high equity ratio.At the end of FY 2015, the company was debt-free with a large liquidity reserve and the equity ratio was 77 percent.  Full Article

Rottneros names Lennart Eberleh new CEO
Monday, 21 Mar 2016 03:30am EDT 

Rottneros AB:Says has ‍appointed Lennart Eberleh new president and CEO of the company.Lennart Eberleh will take office no later than Oct. 1, 2016.Until then, Per Lundeen will continue as CEO.  Full Article

Rottneros AB invests 98 million crowns in fossil-free energy
Friday, 4 Mar 2016 02:30am EST 

Rottneros AB:Rottneros Mill to invest 98 million crowns in a new energy and emission efficient biomass boiler.The new biofuel boiler will be completed and put into use around mid-2017.The new biomass boiler has an effect around 18MW and will replace an older biomass boiler.It will replace fossil oil as the energy source used to dry pulp in the mills flash dryers.  Full Article

Rottneros proposes 2015 dividend of SEK 0.30/shr
Friday, 12 Feb 2016 02:30am EST 

Rottneros AB:Board of directors proposes 2015 dividend of 0.30 Swedish crown per share.  Full Article

Rottneros says Vallvik Mill granted environmental permit
Wednesday, 13 Jan 2016 02:30am EST 

Rottneros AB:Vallvik Mill granted a new environmental permit.Rottneros' subsidiary Vallviks Bruk AB has on Jan. 12th been granted permission by the Land and Environment Court in Ostersund to produce the requested 255,000 tons of sulphate pulp.  Full Article

Rottneros to invest for increased production-Reuters
Wednesday, 13 May 2015 02:16am EDT 

Rottneros AB:Has decided to make the first investments of 180 million Swedish crowns to increase production capacity at both the Group mills, Vallvik Mill and Rottneros Mill-Reuters.The long-term objective is to expand Rottneros’ total capacity to reach a business volume of at least 460,000 tons of pulp annually, compared to the 345,000 tonnes produced last year.Total framework amounts to around 800 million crowns for the whole Agenda 500 divided into 400 million crowns medium-term and 400 million crowns in the longer ter.  Full Article

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