Brief: Rottneros Q4 EBIT Loss Widens To SEK 95 Mln

Rottneros AB

04/02/2021 07:22

Feb 4 (Reuters) - Rottneros AB  RROS.ST :
    * ROTTNEROS YEAR-END REPORT JANUARY-DECEMBER 2020
    * EBIT(OPERATING PROFIT) FOR Q4 OF 2020 WAS -95 (-30) MSEK
    * NET INCOME FOR Q4 OF 2020 WAS -77 (-29) MSEK
    * THE BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND BE PAID
FOR
2020
    * CORONA PANDEMIC HAS NOT HAD A NEGATIVE IMPACT ON
PRODUCTION, BUT
PULP MARKET HAS BEEN CHARACTERISED BY GREAT UNCERTAINTY
THROUGHOUT MOST OF YEAR WITH REDUCED DEMAND FOR NBSK
    * Q4 NET TURNOVER SEK 490 MILLION VERSUS SEK 547 MILLION
YEAR AGO

Source text for Eikon:  ID:nWkr8s04XP 
Further company coverage:  RROS.ST 

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