Brief: Rottneros pretax profit rises in Q2
16/08/2017 07:00
Aug 16 (Reuters) - Rottneros RROS.ST
* Says net turnover for Q2 rose by 14 pct to SEK 472 million
(413)
* Says profit after financial items for Q2 totalled SEK 62
million (56)
* Says production volume for Q2 rose by 1 pct compared with
Q2 of 2016, despite unplanned shutdown at Vallvik mill, which
entailed a production loss of about 4,500 tonnes
* Says Rottneros mill carries out its shutdown in September
and Vallvik plans to stop production in beginning of Q4
* Says estimated cost of these shutdowns is SEK 10 million
and SEK 55 million, respectively
* Says at the end of Q2, the NBSK list price was USD 890, up
about 7 percent.
* Says however, new volumes coming from several Nordic
players in the second half of the year and 2018 may have a
negative impact on the market balance in the future
Source text for Eikon: ID:nWkr3Rdr2q
Further company coverage: RROS.ST
(Reporting by Stockholm Newsroom)
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