Due to suspected information security breach Metsä Board Corporation announces preliminary information on sales and profitability in the fourth quarter of 2017.
In the fourth quarter of 2017, sales were approximately EUR 451 million, comparable operating result was approximately EUR 54 million and earnings per share were approximately EUR 0.12. Figures are based on preliminary unaudited information.
Metsä Board Corporation will publish its 2017 Financial statements bulletin on 8 February 2018.
https://www.metsaboard.com/Media/Stock-Exchange-and-Press-Releases/Pages/Release.aspx?EncryptedId=90AD05D5730BEB20&Title=PreliminaryinformationonMetsaBoardssalesandprofitabilityinthefourthquarterof2017
Related Posts
Verso Corporation reported financial results for the second quarter of 2017, including net sales of $585 million, a net loss of $49 million, and adjusted EBITDA of $(4) million. "Despite a challenging second quarter in which profitability was hampered by lower volume and pricing, rising input costs and inventory reduction initiatives, Verso is building momentum toward significantly improved results in the second half of the year as we anticipate realization of price increases, continue to aggressively cut costs and profitably grow our specialty papers business," said Verso Chief Executive Officer B. Christopher DiSantis. "In addition, we've made substantial progress in evaluating Verso's long-term strategic options, which potentially include paper machine conversions to enable expansion or entry into growing markets, enhancements to current assets that support a more profitable product mix, and corporate development opportunities." Click Read More below for additional detail.
Neenah, Inc. announced a 25 million euro investment in new meltblown capacity in our German filtration facility. Neenah is committed to accelerating growth in life science and industrial filtration markets. Our portfolio of meltblown products promotes higher filtration efficacy and lower energy usage, which our customers value. Our electrostatically charged NeenahPure® media solutions support HVAC, air pollution control, and air purification systems, delivering market leading efficiencies >99.9%. "Clean air and water are critical to our communities and environment. Meltblown technology effectively removes harmful particles from the air we breathe and the water we drink. This new meltblown line intensifies our innovation efforts and allows us to continue to grow with our customers," said President and CEO Julie Schertell.
Matt Spence, Vice-President Biomaterials at Sappi Biotech explains: “Valida is a highly fibrillated cellulose manufactured by Sappi. Derived from woodfibre, it is a 100% natural, biodegradable and sustainable material. Valida can successfully perform as an opacifier and thickener in sanitising gels, providing a natural alternative for acrylate-based polymers while providing some unique additional benefits, including: *replacing microplastics with a natural ingredient *sustainable and biodegradable *moisturising the skin *imparting a superior skin feel *unique texture *having passed cosmetics ingredient safety studies covering: - skin irritation - skin sensitisation - skin blockage, and - skin penetration.