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CPH Chemie Und Papier Expects FY Net Result Of Around CHF 40 Mln

Monday, 26 Oct 2020 01:36am EDT

Oct 26 (Reuters) - CPH CHEMIE UND PAPIER HOLDING AG ::CPH GROUP WILL TRANSFER LAND AT THE PERLEN SITE TO THE NEWLY FOUNDED REAL ESTATE COMPANY PERLEN PAPIER IMMOBILIEN AG AT MARKET VALUE.TAX LOSS CARRYFORWARDS IN THE AMOUNT OF CHF 97 MILLION FROM PREVIOUS YEARS CAN BE OFFSET.THIS TRANSACTION RESULTS IN DEFERRED TAX INCOME OR DEFERRED TAX ASSET OF AROUND CHF 12 MILLION.EXPECTS SPECIAL INCOME IN 2020 TO BE AROUND CHF 26 MILLION.EXPECTS A NET RESULT OF AROUND CHF 40 MILLION FOR 2020.

India's Pudumjee Paper Products Sept-Quarter Profit Rises

Thursday, 22 Oct 2020 09:00am EDT

Oct 22 (Reuters) - Pudumjee Paper Products Ltd ::SEPT-QUARTER PROFIT 103.1 MILLION RUPEES VERSUS 76.4 MILLION RUPEES YEAR AGO.SEPT-QUARTER REVENUE FROM OPERATIONS 1.00 BILLION RUPEES VERSUS 1.59 BILLION RUPEES YEAR AGO.

Shandong Chenming Paper's Net Profit Up Y/Y In Q3, 9-Month

Thursday, 22 Oct 2020 08:46am EDT

Oct 22 (Reuters) - Shandong Chenming Paper Holdings Lts <000488.SZ>1812.HK::SAYS 9-MONTH NET PROFIT UP 0.8% Y/Y AT 1.1 BILLION YUAN ($164.58 million).SAYS Q3 NET PROFIT UP 0.4% Y/Y AT 560.2 MILLION YUAN.

Duni Q3 Operating Profit Falls To SEK 110 Million

Thursday, 22 Oct 2020 01:45am EDT

Oct 22 (Reuters) - Duni AB ::Q3 NET SALES SEK 1.25 BILLION VERSUS SEK 1.38 BILLION YEAR AGO.Q3 OPERATING PROFIT SEK 110 MILLION VERSUS SEK 130 MILLION YEAR AGO.

Norske Skog EBITDA In Q3 Rises To NOK 73 Million

Thursday, 22 Oct 2020 01:00am EDT

Oct 22 (Reuters) - Norske Skog ASA ::CAPACITY ADJUSTMENTS.NORSKE SKOG'S EBITDA IN Q3 OF 2020 WAS NOK 73 MILLION, A SLIGHT INCREASE FROM NOK 52 MILLION IN Q2 OF 2020 WHEN EXCLUDING GAIN OF NOK 86 MILLION FROM SALE OF TASMANIAN FOREST.NORSKE SKOG SAUGBRUGS (NORWAY) WILL PERMANENTLY CEASE PRODUCTION AT ONE OF THEIR SC-MACHINES (PM5/100 000 TONNES) DURING Q4.ALTHOUGH, THERE ARE MODEST SIGNS OF DEMAND IMPROVEMENT, MARKETS HAVE NOT RETURNED TO PRE-COVID-19 LEVELS.OPERATING EARNINGS IN Q3 OF 2020 WERE NOK -31 MILLION COMPARED TO OPERATING EARNINGS OF NOK -122 MILLION IN Q2 OF 2020, MAINLY DRIVEN BY A MODEST SALES VOLUME INCREASE.NORSKE SKOG SAUGBRUGS (NORWAY) WILL PERMANENTLY CEASE PRODUCTION AT ONE OF THEIR SC-MACHINES (PM5/100 000 TONNES) DURING Q4..Q3 NET LOSS IN QUARTER WAS NOK 89 MILLION COMPARED TO A NET LOSS OF NOK 59 MILLION IN PREVIOUS QUARTER.NEAR-TERM MARKET BALANCE FOR PUBLICATION PAPER IN EUROPE IS EXPECTED TO REMAIN WEAK DUE TO A STRUCTURAL DEMAND SHIFT IN LIGHT OF COVID-19.SIGNIFICANT ANNOUNCED CAPACITY CLOSURES ARE EXPECTED TO IMPROVE LONG-TERM MARKET BALANCE, ESPECIALLY IN 2021.

Holmen Q3 Oper Profit Up At SEK 714 Mln

Wednesday, 21 Oct 2020 06:00am EDT

Oct 21 (Reuters) - Holmen AB ::HOLMEN INTERIM REPORT JANUARY-SEPTEMBER 2020.Q3 OPERATING PROFIT SEK 714 MILLION VERSUS SEK 541 MILLION YEAR AGO.Q3 NET SALES SEK 3.73 BILLION VERSUS SEK 4.14 BILLION YEAR AGO.PROFIT WAS IMPACTED POSITIVELY BY HIGHER PROFIT FROM PAPERBOARD AND FOREST,.PROFIT WAS IMPACTED NEGATIVELY BY PRICE DECREASES AND PRODUCTION CURTAILMENTS IN PAPER.INCREASED PRICES FOR WOOD PRODUCTS, DECREASED PRODUCTION CURTAILMENTS IN PAPER AND SEASONALLY LOWER COSTS..

Neodecortech 9-Month EBITDA Down At EUR 9.9 Mln

Tuesday, 20 Oct 2020 03:13pm EDT

Oct 21 (Reuters) - Neodecortech SpA ::REPORTED ON TUESDAY Q3 TURNOVER EUR 34.1 MLN VS EUR 32.6 MLN YEAR AGO.9-MONTH EBITDA EUR 9.9 MLN VS EUR 12.9 MLN YEAR AGO.

Stora Enso Q3 Operational EBIT At EUR 175 Mln

Tuesday, 20 Oct 2020 01:30am EDT

Oct 20 (Reuters) - Stora Enso Oyj ::STORA ENSO OYJ INTERIM REPORT JANUARY-SEPTEMBER 2020.Q3 SALES DECREASED BY 13.5% TO EUR 2 079 (2 402) MILLION, DUE TO LOWER DELIVERIES AND PRICES.Q3 OPERATIONAL EBIT DECREASED TO EUR 175 (245) MILLION. IMPACT OF LOWER SALES WAS PARTLY OFFSET BY CONTINUED COST MANAGEMENT..REFINITIV POLL: STORA ENSO Q3 REVENUE SEEN AT SEK 2,121 MILLION, ADJ. EBIT AT SEK 142.21 MILLION.Q3 OPERATING PROFIT (IFRS) WAS EUR 145 (170) MILLION..Q3 OPERATIONAL EBIT MARGIN WAS 8.4% (10.2%)..OUTLOOK 2020: CO HAS DISCONTINUED ITS QUARTERLY GUIDANCE AND ANNUAL OUTLOOK UNTIL FURTHER NOTICE, DUE TO UNCERTAINTY IN GLOBAL ECONOMY.MARKET ALSO REMAINS CHALLENGING FOR BIOMATERIALS, WITH LOW PRICING.ON A POSITIVE NOTE, EXCLUDING PAPER, OUR OPERATIONAL EBIT MARGIN INCREASED TO 11.8%, A SIGN OF RESILIENCE OF OUR GROWTH BUSINESSES AND GOOD COST MANAGEMENT.PANDEMIC'S BIGGEST EFFECT CONTINUES TO BE ON OUR PAPER BUSINESS.PRELIMINARY ESTIMATIONS INDICATE THAT VALUE OF OUR FOREST ASSETS IS EXPECTED TO BE BETWEEN EUR 6.5 BILLION AND EUR 7.0 BILLION, COMPARED WITH END OF Q3/2020 BOOK VALUE OF EUR 5.4 BILLION.IN SHORT-TERM OUTLOOK, WE CAN SEE PANDEMIC INCREASING AND ONCE AGAIN CREATING UNCERTAINTY IN PACE AND STRENGTH OF GLOBAL FINANCIAL RECOVERY.WE HAVE ALSO IDENTIFIED ADDITIONAL SAVINGS OPPORTUNITIES AND WILL INCREASE SAVING TARGET FURTHER TO EUR 400 MILLION..DURING Q4/2020 THERE WILL BE ANNUAL MAINTENANCE SHUTDOWNS AT SEVEN MILLS.

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