Brief: Rottneros Updates On Pulp Wood Situation

Rottneros AB

13/08/2018 07:07

Aug 13 (Reuters) - Rottneros AB  RROS.ST :
    * ROTTNEROS AB (PUBL) GIVES AN UPDATE ON THE PULP WOOD SITUATION AND CORRECTS AN ERROR IN
THE
INTERIM REPORT JANUARY-JUNE 2018
    * SUPPLY OF PULP WOOD HAS BEEN NEGATIVELY IMPACTED BY EXTREME WEATHER AND SUBSEQUENT DROUGHT
IN
SWEDEN
    * INCREASED IMPORT VOLUMES TO ITS PULP MILLS THROUGH ITS SUBSIDIARY SIA ROTTNEROS BALTIC IN
LATVIA
    * COST OF IMPORTED PULP WOOD IS SIGNIFICANTLY HIGHER THAN COST OF PULP WOOD THAT IS SOURCED
LOCALLY
    * Q2 NET TURNOVER SEK 596 MILLION VERSUS SEK 472 MILLION YEAR AGO
    * Q2 PROFIT AFTER FINANCIAL ITEMS SEK 90 MILLION VERSUS SEK 62 MILLION YEAR AGO

Source text for Eikon:  ID:nWkr99NqzV 
Further company coverage:  RROS.ST 

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