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Svenska Cellulosa SCA AB (SVCBY.PK)

SVCBY.PK on OTC Markets Group

24 Apr 2017
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$0.77 (+2.37%)
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Latest Key Developments (Source: Significant Developments)

SCA says acquisition of BSN medical has been closed
Monday, 3 Apr 2017 10:10am EDT 

Svenska Cellulosa SCA says: Acquisition of BSN medical has been closed. . The purchase price for the shares amounts to EUR 1,400 million and takeover of net debt to approximately EUR 1,340 million. .SCA consolidates BSN medical as of April 3, 2017..  Full Article

SCA says to invest $105 mln in Mexico tissue plant
Thursday, 23 Feb 2017 11:04am EST 

Svenska Cellulosa Sca Ab : Sca invests to further strengthen tissue operations in Mexico and baby diaper operations in Europe . Says has decided to invest about $105m in one of company's facilities in country . Says to strengthen its baby diaper product offering in Europe, has also decided to invest about 40 mln euros in facilities in Europe . Says investment in Mexico will support SCA's high-quality tissue offering under Regio brand Further company coverage: [SCAb.ST] (Reporting By Simon Johnson) ((simon.c.johnson@thomsonreuters.com;)).  Full Article

SCA sees stable publication paper, kraftliner prices in Q1
Thursday, 26 Jan 2017 04:25am EST 

SCA AB CEO Magnus Groth to analyst and press conference: sees stable prices in Q1 for publication paper, kraftliner . sees slightly higher prices in Q1 for pulp . work with proposed split into two companies proceeding according to plan, sees total costs for the split of around 1.07 bln SEK, including project and listing costs around 320 mln, one-time foreign tax on non-current assets outside Sweden around 450 mln and brand-related costs around 300 mln Further company coverage: [SCAb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

SCA 2016 core EBITA roughly as expected, raises dividend
Thursday, 26 Jan 2017 02:09am EST 

SCA AB : Fy2016 adjusted operating profit, excluding items affecting comparability, rose 7% to sek 13,989m (13,014) . Fy2016 net sales totaled sek 117,314m (115,316) . Reuters poll: sca fy2016 adjusted ebit seen at sek 13.9 billion, sales at sek 116.4 billion . Fy2016 board of directors proposes an increased dividend by 4.3% to sek 6.00 (5.75) per share .Fy2016 organic sales, which exclude exchange rate effects, acquisitions and divestments, increased by 2%.  Full Article

SCA invests in UK tissue plant, takes SEK 10 mln charge in Q4
Thursday, 26 Jan 2017 01:45am EST 

SCA AB : Sca strengthens its tissue business in the UK . Says following investment at Skelmersdale tissue plant of approximately SEK 160 mln, production capacity of TAD mother reels will be 28,000 tons . Says approximately SEK 70 mln of these costs are expected to impact cash flow. . Says an impairment loss of SEK 10 mln will be recognized as an item affecting comparability in Q4 of 2016 .Says cost for closing older tissue machine in stubbins, with an annual production capacity of 20,000 tons, is expected to amount to approximately SEK 120 mln.  Full Article

SCA nearing deal to buy BSN Medical for 2.7 bln euros- FT,citing sources
Sunday, 18 Dec 2016 06:03pm EST 

: Sweden's SCA is nearing a deal to buy bsn medical for 2.7 billion euros including debt- FT,citing sources .Deal could be unveiled as soon as Monday- FT,citing sources.  Full Article

SCA sees stable price developments in Forest Products Q4 vs Q3
Thursday, 27 Oct 2016 05:15am EDT 

SCA AB CEO Magnus Groth at an analyst and press conference: says experiencing increased price pressure in tissue . says sees stable price development for all different areas within forest products in q4 versus q3 Further company coverage: [SCAb.ST] (Reporting By Anna Ringstrom and Rebecka Roos) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

SCA takes restructuring measures in France, sees costs at SEK 500 mln
Thursday, 1 Sep 2016 02:00am EDT 

SCA : Continues to improve efficiency of tissue production in Europe . Says total costs are expected to amount to approximately 500 million Swedish crowns ($58 million), of which about SEK 470 million will be recognized as an item affecting comparability in q3 of 2016 . The remaining costs will be recognized as an item affecting comparability in the fourth quarter of 2016 . Of these costs, approximately SEK 340 million is expected to affect cash flow . Says to implement restructuring measures at its production plants in Hondouville and Saint-Etienne-du-Rouvray, France .Says measures will lead to lower production costs and increased competitiveness.  Full Article

SCA shares soar on plans to split firm
Wednesday, 24 Aug 2016 03:11am EDT 

Svenska Cellulosa SCA AB : SCA shares rise as much as 12.6 pct on plans to split group . At 0810 GMT, SCA is upp 10.0 pct Further company coverage: [SCAb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

SCA Jan-June adjusted operating profit below forecasts
Tuesday, 19 Jul 2016 06:00am EDT 

SCA : Jan-Jun organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 2 pct . Reuters Poll: Jan-Jun adjusted EBIT was seen at SEK 6,765 million, sales at SEK 57,919 million [nL8N1A11ZY] . Jan-Jun net sales amounted to SEK 57,263m (57,177) .Jan-Jun adjusted operating profit, which excludes items affecting comparability, rose 9 pct to SEK 6,652m (6,089).  Full Article

More From Around the Web

European shares post weekly loss as banks weigh, SCA gains on bid report

* Sweden's SCA rises on bid speculation (ADVISORY- European stock markets are closed on Friday and Monday. There will be no European market reports on those days.)