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Svenska Cellulosa SCA AB (SVCBY.PK)

SVCBY.PK on OTC Markets Group

26.45USD
3:59pm EST
Change (% chg)

$0.26 (+1.01%)
Prev Close
$26.19
Open
$26.17
Day's High
$26.49
Day's Low
$26.17
Volume
16,642
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18,105
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$32.69
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$25.53

Latest Key Developments (Source: Significant Developments)

SCA presents capital structure, dividend policy for hygiene business
Thursday, 27 Oct 2016 02:02am EDT 

SCA AB : Capital structure and dividend policy for SCA's hygiene business . Says cash flow in relation to net debt shall take into account target to maintain a solid investment grade rating . Says SCA's hygiene business aims to provide long-term stable and rising dividends to its shareholders .Says when cash flow exceeds what company can invest in profitable expansion over long term, surplus shall be distributed to shareholders.  Full Article

SCA 9-months profit before one-offs slightly above expectations
Thursday, 27 Oct 2016 02:00am EDT 

Sca Ab : 9 mths net sales totaled sek 86,417m (86,276) . Jan-Sep adjusted operating profit, excluding items affecting comparability, rose 8% to sek 10,304m (9,560) . 9 months organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 2% .Reuters poll: sca jan-sep adjusted ebit was seen at sek 10.2 billion, sales at sek 86.8 billion.  Full Article

Skandia, Nordic Capital behind bid on SCA's forestry business - DN newspaper
Thursday, 8 Sep 2016 06:33am EDT 

SCA AB : Skandia and Nordic Capital behind bid on SCA's forest division, the Swedish newspaper Dagens Nyheter (DN) reports on Thursday citing undisclosed sources . Skandia's and Nordic Capital's bid for SCA's forestry division worth SEK 40-50 billion - DN . Spokespersons at Skandia and Nordic Capital declined to comment to DN on the newspaper's report . SCA said on Aug 24 that it plans to split the company into one hygiene and one forestry company [ID:nL8N1B50NH] . DN reported on Aug 29, citing unnamed sources, that a bid for the forestry division that the SCA board did not want to accept had helped bring forward plans to present the split-up of the group [ID:nL8N1BA0DJ] For the original story (in Swedish) click here: http://bit.ly/2crmdnb Further company coverage: [SCAb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46)(0)(8-700 10 10;)).  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

SCA says fined SEK 325 mln in Spain, will appeal
Wednesday, 1 Jun 2016 01:01am EDT 

SCA : Says as communicated in May 2015, the company is one of several businesses active on the Spanish incontinence care market that is part of an investigation by the Spanish National Commission for Markets and Competition (CNMC) . Says CNMC is fining SCA about SEK 325 million for alleged improper market conduct between 1996 and 2014 . Says does not agree with the CNMC's decision and will submit an appeal . Says a provision for the fine will be reported as an item affecting comparability in the second quarter of 2016 ((Niklas.Pollard@thomsonreuters.com; +46 70721 1110; Reuters Messaging: niklas.pollard.reuters.com@reuters.net)).  Full Article

Svenska Cellulosa AB SCA says divestment of business for integration with Vinda is closing
Friday, 1 Apr 2016 08:08am EDT 

Svenska Cellulosa AB SCA:Divestment of its business in South East Asia, Taiwan and South Korea for integration with Vinda is closing on April 1.  Full Article

Svenska Cellulosa AB SCA proposes increase in dividend
Thursday, 28 Jan 2016 02:00am EST 

Svenska Cellulosa AB SCA:Proposes an increase in the dividend by 9.5%, to SEK 5.75 per share.  Full Article

Svenska Cellulosa AB says acquisition of Wausau Paper Corp. closed
Thursday, 21 Jan 2016 09:37am EST 

Svenska Cellulosa AB SCA:Says acquisition of Wausau Paper has been closed for total consideration of $513 million in cash.Wausau Paper is a North American Away-from-Home Tissue Company.  Full Article