Brief: Borregaard Q4 Result To Be Affected By Operational Issues At Sarpsborg Site

BORREGAARD ASA

16/12/2019 13:40

Dec 16 (Reuters) - Borregaard ASA  BRGD.OL :
    * REG-BORREGAARD ASA: OPERATIONAL ISSUES AT SARPSBORG SITE
WILL
AFFECT 4TH QUARTER RESULT
    * BORREGAARD ASA - NEGATIVE IMPACT ON EBITA ADJUSTED.¹ IS
ESTIMATED TO BE NOK 30-40 MILLION, MAINLY IN SPECIALITY
CELLULOSE
    * BORREGAARD ASA - LEAKAGES IN WATER SUPPLY SYSTEM HAVE
RESULTED
IN REDUCED PRODUCTION VOLUME AND DECLASSIFIED SPECIALITY
CELLULOSE PRODUCTS HAVE BEEN SOLD AT LOWER PRICES
    * BORREGAARD ASA - ISSUES HAVE NOW BEEN SOLVED, AND THERE
WILL
ONLY BE MINOR CARRY-OVER EFFECTS TO 1(ST) QUARTER OF 2020

Source text for Eikon:  ID:nGNE9tM8p3 
Further company coverage:  BRGD.OL 

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