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Svenska Cellulosa SCA AB (SCAa.ST)

SCAa.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Changes in SCA management board
Tuesday, 31 Oct 2017 03:05am EDT 

Oct 31 (Reuters) - Svenska Cellulosa SCA AB :SCA says Mats Sandgren will leave his position as president of business area Forest as of April 1 2018​.Says ‍Jonas Mårtensson, presently president of business area Wood, will take on position as president of business area Forest​.Says ‍Jerry Larsson, presently manager of Obbola papermill, will take on position as president of business area Wood​.  Full Article

SCA Q3 profit tops forecast​
Tuesday, 31 Oct 2017 03:00am EDT 

Oct 31 (Reuters) - SCA AB :Q3 operating profit SEK 776m (581) vs mean forecast 652m .Jan-Sept ‍adjusted EBITDA improved 10% to SEK 2,683m (2,443)​.SCA AB Jan-Sept ‍operating profit totaled SEK 1,725m​.Says Jan-Sept ‍net sales increased 9% to SEK 12,422m (11,434)​.Says ‍market trend was favorable in all of SCA's segments and earnings improved compared with preceding quarter as well as same quarter last year​.Says ‍market conditions are good in all of SCA's segments, with favorable demand and continued price increases​.Reuters poll: SCA Jan-Sept operating profit seen at SEK 1,601 million, sales at SEK 12,133 million.  Full Article

Forest products group SCA H1 core profit matches expectations
Friday, 21 Jul 2017 02:00am EDT 

July 21 (Reuters) - Svenska Cellulosa Sca Ab :Sca ab h1 net sales increased 7% to sek 8,191m.Sca ab h1 adjusted ebitda increased 2% to sek 1,634m.Sca ab h1 operating profit amounted to sek 949m.Reuters poll: sca jan-june adjusted ebitda seen at sek 1.6 ebit seen at sek 1.0 billion, sales at sek 8.0 billion.Sca ab says general market conditions for forest industry products are relatively strong with high demand in china, north america and europe.Sca ab says exception is publication papers, which have been adversely impacted by a continued structural decline.Sca ab says end september/early october 2017 there will be maintenance stops at the kraftliner mill in obbola (paper). In the fourth quarter, there will be a maintenance stop at östrand (pulp).  Full Article

SCA to close tissue production plant in the US
Wednesday, 7 Jun 2017 02:00pm EDT 

June 7 (Reuters) - Sca Ab :SCA to close tissue production plant in the us.Production will be discontinued in June 2017.Restructuring costs for closure are expected to amount to approximately SEK 250m.Restructuring costs will be recognized as an item affecting comparability, mainly taken in Q2 of 2017.Approximately SEK 40m of these costs are expected to impact cash flow.Closure of flagstaff tissue production plant is part of sca's tissue roadmap and is aligned with company's strategy.  Full Article

SCA hygiene business Q1 adjusted EBIT matches expectations
Thursday, 27 Apr 2017 02:20am EDT 

April 27 (Reuters) - SCA :Says hygiene business adjusted operating profit before amortization of acquisition-related intangible assets (EBITA) rose 6 pct to SEK 2,917 mln.Says hygiene business Q1 net sales totaled SEK 25,268 mln.Says preparations for distribution and listing of SCA Hygiene AB are under way, and intention is that first day of separate trading in two companies will be in june 2017.Says hygiene business Q1 adjusted operating profit 2,896 million SEK.Reuters poll: SCA hygiene products business Q1 adjusted EBIT seen at SEK 2,848 million, sales at SEK 25.2 billion.  Full Article

SCA forest products business Q1 operating profit just below forecast
Thursday, 27 Apr 2017 02:00am EDT 

April 27 (Reuters) - SCA :Q1 Forest Products Business net sales increased 5 pct and amounted to SEK 3,969 mln.Says Q1 total operations (forest products and hygiene business) net sales increased by 4 pct to SEK 29,104 mln.Q1 Forest Products Business EBITDA decreased 2 pct to SEK 797 mln (813).Sca says Q1 total operations (forest products and hygiene business) profit for period totaled SEK 2,019 mln.Q1 Forest Products Business operating profit decreased 7 pct to SEK 498 mln.Reuters poll: SCA Forest Products Business Q1 EBIT seen at SEK 566 million, sales at SEK 4.06 billion.  Full Article

SCA sets hygiene business target at above 3 pct annual core growth
Thursday, 27 Apr 2017 01:45am EDT 

April 27 (Reuters) - Svenska Cellulosa Sca Ab :Changed financial targets for the hygiene business.The financial targets for the hygiene business have been updated in conjunction with the split of the SCA Group into two listed companies; the forest products company SCA and the hygiene and health company Essity.The current targets for Personal Care and Tissue have been replaced with targets for the Group.Sca ab says new targets for group are now annual organic growth of above 3% and adjusted return on capital employed of above 15%.The target levels have been determined on the basis of the weighted average of the previous targets, taking into account the assessed impact of the BSN medical acquisition..  Full Article

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

UPDATE 2-European shares cling to 5-month high with October gains

LONDON, Oct 31 European stocks held at five-month highs on Tuesday, ending October with a 1.8 percent monthly gain, the second in a row, as third-quarter data fuelled confidence in the resilience of equity markets.