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Metsa Board Oyj (METSB.HE)

METSB.HE on Helsinki Stock Exchange

6.03EUR
18 Mar 2019
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888,807
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€10.30
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€4.98

Latest Key Developments (Source: Significant Developments)

Metsa Board Q4 Operating Profit At EUR 60.1 Million, Below Expectations
Thursday, 7 Feb 2019 05:00am EST 

Feb 7 (Reuters) - Metsa Board Oyj ::METSÄ BOARD'S COMPARABLE OPERATING RESULT IN 2018 WAS EUR 252 MILLION.Q4 OPERATING PROFIT EUR 60.1 MILLION (REUTERS POLL EUR 64.0 MILLION).Q4 SALES EUR 458.0 MILLION (REUTERS POLL EUR 476 MILLION).METSÄ BOARD'S COMPARABLE OPERATING RESULT FOR Q1 OF 2019 IS EXPECTED TO REMAIN ROUGHLY AT SAME LEVEL AS IN Q4 OF 2018.BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING TO BE HELD ON 28 MARCH 2019 THAT A DIVIDEND OF EUR 0.10 PER SHARE BE DISTRIBUTED FOR 2018 FINANCIAL YEAR.PROFITABILITY OF Q4 WAS BURDENED BY A MACHINERY BREAKDOWN AT HUSUM PULP MILL AND INCREASED UNCERTAINTY IN PULP MARKET, PARTICULARLY IN CHINA.THE PROPOSED DISTRIBUTION, A TOTAL OF EUR 0.29 PER SHARE, IS EQUAL TO 51% OF EARNINGS PER SHARE FOR 2018.PROPOSES DIVIDEND OF EUR 0.29 PER SHARE (REUTERS POLL EUR 0.25 PER SHARE).PROPOSES FURTHER THAT EUR 0.19 PER SHARE BE DISTRIBUTED FROM UNRESTRICTED EQUITY RESERVE.  Full Article

Metsa Board: Moody's Upgraded Metsä Board To Investment Grade
Wednesday, 23 Jan 2019 09:00am EST 

Jan 23 (Reuters) - Metsa Board Oyj ::MOODY'S UPGRADED METSÄ BOARD TO INVESTMENT GRADE.MOODY'S INVESTORS SERVICES UPGRADED METSÄ BOARD CORPORATION'S ISSUER CREDIT RATING TO INVESTMENT GRADE, FROM BA1 TO BAA3.  Full Article

Metsä Board Lowers Its Result Guidance For Q4 2018
Thursday, 13 Dec 2018 02:40am EST 

Dec 13 (Reuters) - Metsa Board Oyj ::METSÄ BOARD LOWERS ITS RESULT GUIDANCE FOR OCTOBER-DECEMBER 2018.COMPARABLE OPERATING RESULT IN Q4 OF 2018 IS EXPECTED TO REMAIN ROUGHLY AT SAME LEVEL AS IN Q3 OF 2018..UNCERTAINTY IN PULP MARKET ESPECIALLY IN CHINA WEAKENS OPERATING RESULT FOR Q4 COMPARED TO INITIAL EXPECTATIONS.IN OCTOBER-NOVEMBER DELIVERY VOLUMES IN CHINA HAVE BEEN LOWER THAN ESTIMATED.SALES PRICES HAVE DECLINED IN PAST WEEKS..METSA BOARD - PREVIOUS GUIDANCE WAS: METSÄ BOARD'S COMPARABLE OPERATING RESULT IN Q4 OF 2018 IS EXPECTED TO IMPROVE COMPARED TO Q3 OF 2018.GLOBAL DEMAND FOR MARKET PULP IS HOWEVER EXPECTED TO REMAIN GOOD IN NEAR FUTURE.OPERATING RESULT FOR Q4 IS WEAKENED BY LATE NOVEMBER PRODUCTION DISRUPTIONS.METSA BOARD - OPERATING RESULT FOR Q4 IS WEAKENED BY LATE NOVEMBER PRODUCTION DISRUPTIONS CAUSED BY MACHINERY BREAKDOWN AT HUSUM PULP MILL IN SWEDEN.REPAIRING MACHINERY GENERATED COSTS.  Full Article

Metsä Board Q3 EBIT At EUR 63.7 Million, Above Estimates
Thursday, 8 Nov 2018 05:00am EST 

Nov 8 (Reuters) - Metsa Board Oyj ::METSÄ BOARD'S COMPARABLE OPERATING RESULT IN JANUARY-SEPTEMBER 2018 WAS EUR 192 MILLION.Q3 NET SALES EUR 475.1 MILLION (REUTERS POLL EUR 524 MILLION).COMPARABLE OPERATING RESULT FOR Q4 OF 2018 IS EXPECTED TO IMPROVE COMPARED TO Q3 OF 2018.Q3 EBIT EUR 63.7 MILLION (REUTERS POLL EUR 60.9 MILLION).WOOD COSTS IN Q4 ARE EXPECTED TO REMAIN ROUGHLY AT SAME LEVEL AS IN Q3.NET IMPACT OF ENERGY COSTS AND SALE OF EMISSION RIGHTS ARE EXPECTED TO IMPROVE OPERATING RESULT.TOTAL PRODUCTION COSTS OF PAPERBOARD IN 2018 WILL INCREASE DUE TO MORE EXPENSIVE WOOD AND AN ACCELERATION IN GENERAL COST INFLATION.  Full Article

Metsa Board Q4 Comparable Operating Result At EUR 54 Million
Tuesday, 9 Jan 2018 05:00am EST 

Jan 9 (Reuters) - Metsa Board Oyj ::‍IN Q4 OF 2017, SALES WERE APPROXIMATELY EUR 451 MILLION​.‍IN Q4 OF 2017 COMPARABLE OPERATING RESULT WAS APPROXIMATELY EUR 54 MILLION​.  Full Article

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