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BillerudKorsnas AB (publ) (BILL.ST)

BILL.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Billerudkorsnas Says Total Investment For KM7 Expected At SEK 7.6 bln
Sunday, 16 Sep 2018 03:00pm EDT 

Sept 17 (Reuters) - BillerudKorsnas AB (publ) ::SAYS TOTAL INVESTMENT FOR KM7 IS EXPECTED TO AMOUNT TO SEK 7.6 BILLION, WHICH IS HIGHER THAN PREVIOUS ESTIMATE DUE TO INCREASED COSTS FOR CIVIL AND CONSTRUCTION PROJECT AS WELL AS NEGATIVE CURRENCY EFFECTS.SAYS GROUP'S TOTAL CAPITAL EXPENDITURE IS EXPECTED TO AMOUNT TO SEK 5.3 BILLION IN 2018 AND SEK 2.75 BILLION IN 2019, AND WILL LEVEL OUT AT SEK 1.3 BILLION IN 2020.SAYS UNCHANGED LONG-TERM FINANCIAL TARGETS.SAYS FOR NEW DIVISIONS, AVERAGE ANNUAL GROWTH (CAGR 2017-2023) IS EXPECTED TO AMOUNT TO 0-2% FOR PAPER, 4-5% FOR BOARD, AND 15-25% FOR SOLUTIONS.SAYS FOR Q3, DEMAND AND ORDER SITUATION ARE EXPECTED TO CONTINUE TO BE STRONG, WITH NORMAL SEASONAL VARIATIONS FOR ALL BUSINESS AREAS.SAYS FINANCIAL IMPACT ON Q3 2018 FROM WOOD SHORTAGE IS ESTIMATED TO BE SEK -40 MILLION.  Full Article

BillerudKorsnas Q4 EBITDA tops forecast
Monday, 29 Jan 2018 07:00am EST 

Jan 29 (Reuters) - Billerudkorsnas AB (Publ) ::Q4 ‍NET SALES SEK 5,565 M​.SAYS ‍BOARD PROPOSES A DIVIDEND OF SEK 4.30 (4.30) PER SHARE FOR 2017​.Q4 ‍EBITDA SEK 923 M​.Q4 ‍EBITDA MARGIN 17%​.SAYS ‍STRONG PERFORMANCE IN MARKET BY ALL BUSINESS AREAS IS EXPECTED TO CONTINUE​.SAYS ‍WE ARE SEEING FAVOURABLE ORDER LEVELS AND OPPORTUNITIES FOR FURTHER PRICE INCREASES, PARTICULARLY IN PACKAGING PAPER AND CORRUGATED SOLUTIONS​.SAYS ‍WE ARE NOT SATISFIED WITH BEING UNABLE TO MEET DEMAND THAT EXISTS, AND WE ARE THEREFORE NOW INTENSIFYING OUR ACTION PLAN TO BOOST PRODUCTION STABILITY​.REUTERS POLL: BILLERUDKORSNAS Q4 EBITDA WAS SEEN AT SEK 880 MILLION, SALES AT 5.55 BILLION, DIVIDEND AT 4.33 SEK/SHARE.Q4 ‍ADJUSTED EBITDA WAS SEK 950 MILLION (898).EBITDA WAS AFFECTED BY COSTS OF SEK 140 MILLION (135) FOR PLANNED MAINTENANCE SHUTDOWNS​.  Full Article

Billerudkorsnas sees 2017 operating profit at around 2.2 bln SEK
Tuesday, 16 Jan 2018 08:30am EST 

Jan 16 (Reuters) - Billerudkorsnas ::PRODUCTION DISRUPTIONS IMPACT PROFIT NEGATIVELY.SAYS ‍DIFFICULTIES WITH PRODUCTION AVAILABILITY CONTINUED IN Q4 2017 WHICH IMPACTED SALES VOLUMES NEGATIVELY DESPITE A VERY STRONG MARKET​.SAYS ‍OPERATING PROFIT (EBIT) FOR FULL YEAR 2017 IS CALCULATED TO BE APPROXIMATELY MSEK 2 240 WHICH IS LOWER THAN EXPECTED BUT GIVES A MARGIN OF 10 PERCENT​.SAYS ‍IT IS MAINLY PRODUCTION FACILITIES IN GRUVÖN AND GÄVLE THAT ARE AFFECTED, WHICH IMPACT SALES NEGATIVELY WITHIN BUSINESS AREAS CONSUMER BOARD AND CORRUGATED SOLUTIONS​.SAYS ‍WE NOW INTENSIFY OUR ACTION PLAN TO INCREASE STABILITY AND AVAILABILITY IN OUR PRODUCTION​.  Full Article

BillerudKorsnas says results to be hit by pulpwood shortage
Monday, 8 Jan 2018 05:30am EST 

Jan 8 (Reuters) - Billerudkorsnas AB (Publ) ::BILLERUDKORSNAS IS IMPACTED BY SHORTAGE OF PULPWOOD DUE TO WET AND MILD WINTER.SAYS ‍WET AND MILD WEATHER IN FALL AND EARLY WINTER HAS LED TO A SHORTAGE OF PULPWOOD IN LATE 2017 AND EARLY 2018​.SAYS GIVEN CURRENT ASSESSMENTS ESTIMATED NEGATIVE IMPACT ON EARNINGS IN Q1 2018 IS APPROXIMATELY SEK 80-100 MILLION.SAYS FINANCIAL IMPACT ON Q4 2017 RESULTS IS MINOR AND IT IS DIFFICULT TO ASSESS EXTENT OF LACK OF PULPWOOD AND HOW LONG SITUATION WILL LAST.  Full Article

BillerudKorsnas sees higher investment costs for board machine
Monday, 18 Dec 2017 06:30am EST 

Dec 18 (Reuters) - Billerudkorsnas Ab (Publ) ::BILLERUDKORSNAS SEES CONTINUED STRONG MARKET DEVELOPMENT FOR THE PRODUCTS FROM THE NEW BOARD MACHINE, BUT EXPECTS HIGHER INVESTMENT COSTS.SAYS ‍INVESTMENT COSTS FOR BILLERUDKORSNAS' NEW BOARD MACHINE IN GRUVON MAY INCREASE BY APPROXIMATELY 20 PERCENT COMPARED TO PREVIOUSLY ANNOUNCED INVESTMENT COST OF A TOTAL OF SEK 5.7 BILLION ($673.97 MILLION)​.  Full Article

Billerudkorsnas plans to buy forest assets
Monday, 27 Nov 2017 02:00am EST 

Nov 27 (Reuters) - Billerudkorsnas ::BILLERUDKORSNAS INTENDS TO ACQUIRE FOREST ASSETS.SAYS ‍BILLERUDKORSNAS HAS SIGNED A LETTER OF INTENT TO ACQUIRE BERGVIK SKOG ÖST AB, OWNED BY BERGVIK SKOG​.SAYS ‍BERGVIK SKOG ÖST AB COMPRISES APPROXIMATELY 350,000 HECTARES OF FOREST LAND IN SWEDEN.THE LETTER OF INTENT, WHICH CONCERNS A DIVISION OF BERGVIK SKOG AB’S FOREST ASSETS AMONG CURRENT OWNERS, HAS BEEN SIGNED WITH OTHER OWNERS THAT TOGETHER WITH BILLERUDKORSNAS REPRESENT ABOUT 98 PCT OF THE OWNERSHIP IN BERGVIK SKOG AB.AS A PART OF THE LOI, THE PURCHASE PRICE PRINCIPLE HAS BEEN DEFINED AS IFRS BOOK VALUE PLUS 3% FOR THE ASSETS INCLUDED IN THE TRANSACTION.SIMULTANEOUS TO ACQUIRING BERGVIK SKOG OST AB, BILLERUDKORSNÄS INTENDS TO DIVEST ITS INDIRECT 5 PCT OWNERSHIP IN THE FOREST ASSETS IN BERGVIK SKOG VAST AB.THE AMBITION IS TO CLOSE THESE TRANSACTIONS DURING 2018​.  Full Article

ORAB to deliver piping installations to BillerudKorsnäs​
Wednesday, 22 Nov 2017 02:30am EST 

Nov 22 (Reuters) - INSTALCO INTRESSENTER AB ::ORAB SIGNS CONTRACT FOR BILLERUDKORSNÄS' <<>> EXPANSION.UNIT ‍AWARDED ASSIGNMENT TO DELIVER PIPING INSTALLATIONS​.‍ORAB'S CONTRACT HAS AN ORDER VALUE OF APPROX. SEK 40 MILLION​.‍PROJECT IS EXPECTED TO START IN JANUARY 2018​.  Full Article

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

BRIEF-Billerudkorsnäs Initiates Negotiations On New Organisation

* BILLERUDKORSNAS AB (PUBL) SAYS ANNOUNCES THAT NEGOTIATIONS WITH LABOUR UNIONS OVER A PROPOSAL FOR NEW ORGANISATION WILL BE INITIATED WITHIN SHORT Source text for Eikon: Further company coverage: