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Metsa Board Oyj (METSB.HE)

METSB.HE on Helsinki Stock Exchange

7.20EUR
14 Dec 2017
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€0.18 (+2.57%)
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Latest Key Developments (Source: Significant Developments)

Metsä Board Raises Result Guidance For Q4 2017
Wednesday, 13 Dec 2017 03:01am EST 

Dec 13 (Reuters) - METSA BOARD OYJ ::METSÄ BOARD RAISES ITS RESULT GUIDANCE FOR OCTOBER-DECEMBER 2017.- PULP MARKET IN Q4 OF 2017 HAS BEEN STRONGER THAN EXPECTED.‍NEW GUIDANCE IS: METSÄ BOARD'S COMPARABLE OPERATING RESULT IN Q4 OF 2017 IS EXPECTED TO REMAIN ROUGHLY AT SAME LEVEL AS IN Q3 OF 2017​.- ‍PREVIOUS GUIDANCE: CO'S COMPARABLE OPERATING RESULT IN Q4 OF 2017 IS EXPECTED TO WEAKEN SLIGHTLY FROM Q3 2017​.  Full Article

Metsa Board Q3 EBIT above expectations at EUR ‍60.6​ mln
Wednesday, 1 Nov 2017 06:05am EDT 

Nov 1 (Reuters) - METSA BOARD OYJ ::Q3 EBIT EUR ‍60.6​ MILLION (REUTERS POLL EUR 48.5 MILLION).Q3 ADJUSTED EBITDA EUR ‍75.0​ MILLION (REUTERS POLL: EUR 73.3 MILLION).Q3 NET SALES EUR ‍​478.6 MILLION (REUTERS POLL EUR 479 MILLION).‍BIOPRODUCT MILL'S IMPACT ON METSÄ BOARD'S Q4 OPERATING RESULT IS EXPECTED TO BE POSITIVE.​.‍ANNUAL MAINTENANCE SHUTDOWN AT HUSUM INTEGRATED MILL WILL HAVE A REMARKABLE NEGATIVE IMPACT ON Q4.‍POSITIVE RESULT IMPACT FROM HEDGING OF US DOLLAR WILL DILUTE TOWARDS END OF YEAR​.  Full Article

Metsä Board announces final tender offer results of the 2019 notes
Tuesday, 26 Sep 2017 05:30am EDT 

Sept 26 (Reuters) - METSA BOARD OYJ ::METSÄ BOARD ANNOUNCES FINAL TENDER OFFER RESULTS OF THE 2019 NOTES <<>>.NOMINAL AMOUNT OF 2019 NOTES VALIDLY TENDERED BY NOTEHOLDERS FOR PURCHASE PURSU-ANT TO TENDER OFFER WAS EUR 157.7 MILLION​.  Full Article

Metsa board issue 250 million notes due 2027​
Thursday, 21 Sep 2017 10:00am EDT 

Sept 21 (Reuters) - METSA BOARD OYJ ::‍METSÄ BOARD ISSUES EUR 250 MILLION NOTES DUE 2027​.‍NEW NOTES MATURE ON 29 SEPTEMBER 2027, BEAR A FIXED ANNUAL INTEREST AT RATE OF 2.750 PER CENT AND HAVE AN ISSUE PRICE OF 99.664 PER CENT​.  Full Article

Metsä announces Voluntary Tender Offer
Thursday, 14 Sep 2017 04:15am EDT 

Sept 14 (Reuters) - METSA BOARD ::METSÄ BOARD CORPORATION CONSIDERS ISSUANCE OF NEW NOTES AND ANNOUNCES A VOLUNTARY TENDER OFFER FOR ITS OUTSTANDING NOTES MATURING IN 2019 .‍TARGET SIZE OF ISSUE IS MINIMUM EUR 200 MILLION.​.‍ISSUE IS EXPECTED TO TAKE PLACE IN NEAR FUTURE SUBJECT TO MARKET CONDITIONS​.  Full Article

Moody’s Investors Service upgraded Metsä Board's credit rating
Friday, 18 Aug 2017 06:15am EDT 

Aug 18 (Reuters) - METSA BOARD OYJ ::MOODY’S INVESTORS SERVICE UPGRADED METSÄ BOARD'S CREDIT RATING .‍MOODY'S INVESTORS SERVICE HAS UPGRADED METSÄ BOARD'S CORPORATE FAMILY RATING (CFR) BY ONE NOTCH FROM BA2 TO BA1.​.UPGRADE DOES NOT HAVE AN IMPACT ON METSÄ BOARD'S CURRENT ANNUAL FINANCING COSTS..MOODY'S UPGRADED METSÄ BOARD'S EUR 225 MILLION SENIOR UNSECURED BOND, THAT MATURES ON 2019, FROM BA2 TO BA1.OUTLOOK ON RATINGS IS STABLE.  Full Article

Metsä Q2 EBIT at EUR 46.9 million
Thursday, 3 Aug 2017 05:00am EDT 

Aug 3 (Reuters) - METSA BOARD OYJ ::METSÄ BOARD'S COMPARABLE OPERATING RESULT IN JANUARY–JUNE 2017 WAS EUR 89 MILLION .Q2 EBIT EUR ‍46.9​ MILLION (REUTERS POLL EUR 47. 4 MILLION).‍METSÄ BOARD'S COMPARABLE OPERATING RESULT IN Q3 OF 2017 IS EXPECTED TO IMPROVE SLIGHTLY COMPARED TO Q2 OF 2017​.Q2 ADJUSTED. EBITDA EUR ‍67.5​ MILLION (REUTERS POLL: EUR 72.1 MILLION).Q2 NET SALES EUR 474.2 MILLION (REUTERS POLL EUR 460 MILLION).‍PRODUCTION COSTS OF PAPERBOARDS IN JULY-SEPTEMBER ARE EXPECTED TO REMAIN AT LEVEL OF PREVIOUS QUARTER​.‍START-UP PHASE OF FIBRE'S NEW BIOPRODUCT MILL IS EXPECTED TO HAVE ONLY A SLIGHT NEGATIVE EFFECT ON RESULT FOR JULY-SEPT.​.DEMAND FOR HIGH-QUALITY CONSUMER PACKAGING PAPERBOARD MADE FROM FRESH FIBRE IS EXPECTED TO CONTINUE TO GROW IN MARKET AREAS IMPORTANT FOR METSÄ BOARD.  Full Article

Metsä Board to update long-term financial targets and dividend policy
Thursday, 1 Jun 2017 02:30am EDT 

June 1 (Reuters) - METSA BOARD OYJ :METSÄ BOARD TO UPDATE LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY.‍TARGET FOR RETURN ON CAPITAL EMPLOYED (ROCE) IS AT LEAST 12 PCT​.ACCORDING TO NEW DIVIDEND POLICY, METSÄ BOARD AIMS TO DISTRIBUTE AT LEAST 50 PER CENT OF RESULT FOR FINANCIAL PERIOD AS DIVIDEND EVERY YEAR.‍RATIO OF INTEREST-BEARING NET DEBT TO COMPARABLE EBITDA IS A MAXIMUM OF 2.5​.  Full Article

Metsä Board Q1 EBIT EUR 45.2 million, below expectations
Thursday, 4 May 2017 05:00am EDT 

May 4 (Reuters) - METSA BOARD OYJ :METSÄ BOARD'S COMPARABLE OPERATING RESULT IN JANUARY–MARCH 2017 WAS EUR 45 MILLION.Q1 SALES EUR 444.5 MILLION (REUTERS POLL EUR 454 MILLION).Q1 EBIT EUR 45.2 MILLION (REUTERS POLL EUR 46.7 MILLION).SAYS IN 2017, AIMS TO SELL 300,000 TONNES OF HUSUM'S FOLDING BOXBOARD PRIMARILY IN NORTH AMERICA.COMPARABLE OPERATING RESULT FOR Q2 2017 IS EXPECTED TO REMAIN ROUGHLY ON SAME LEVEL AS IN Q1 2017.  Full Article

Metsa Board Q4 sales at 421.8 mln euros
Thursday, 2 Feb 2017 05:00am EST 

Metsa Board Oyj : Q4 sales EUR 421.8 million (Reuters poll eur 438 million) . Proposes 2016 dividend of EUR 0.19 per share (Reuters poll: eur 0.19per share) . Q4 adjusted EBITDA EUR 58.9 million (Reuters poll: eur 60.7 million) .Comparable operating result in Q1 of 2017 is expected to improve compared to Q4 of 2016.  Full Article

BRIEF-Metsa board issue 250 million notes due 2027​

* ‍NEW NOTES MATURE ON 29 SEPTEMBER 2027, BEAR A FIXED ANNUAL INTEREST AT RATE OF 2.750 PER CENT AND HAVE AN ISSUE PRICE OF 99.664 PER CENT​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)