Brief: Rottneros Q3 Profit After Financial Items Falls To SEK 49 Mln

Rottneros AB

22/10/2019 07:13

Oct 22 (Reuters) - Rottneros AB  RROS.ST :
    * ROTTNEROS INTERIM REPORT JANUARY - SEPTEMBER 2019
    * NET TURNOVER FOR Q3 2019 INCREASED BY 9 % TO 618 (567)
MSEK
    * PROFIT AFTER FINANCIAL ITEMS FOR Q3 DECREASED BY 54 % TO
49
(106) MSEK
    * BOARD PROPOSES AN EXTRA DIVIDEND OF 0,70 SEK/SHARE
    * Q3 PRODUCTION VOLUME FOR QUARTER WAS 100,3 (100,0)
THOUSAND TONS
    * DURING Q3, GROUP WAS CHARACTERIZED BY A STABLE PRODUCTION
AND
HIGH DELIVERY RATES COMPARED WITH CORRESPONDING QUARTER LAST
YEAR.
    * DURING QUARTER, VOLUME WAS AFFECTED BY ANNUAL MAINTENANCE
SHUTDOWN AT ROTTNEROS MILL, WHICH WENT ACCORDING TO PLAN
    * QUARTER'S RESULTS WERE MAINLY IMPACTED BY LOWER PULP
PRICES AND
CONTINUED HIGH PRICES FOR WOOD AND OTHER INPUT GOODS
    * PULP PRICES CONTINUED TO BE SQUEEZED IN Q3 BY SHORT-TERM
DETERIORATING MARKET BALANCE.

Source text for Eikon:  ID:nWkr4K4M36 
Further company coverage:  RROS.ST 

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