Analyser av Rottneros

Rottneros: Saw trouble coming - still got cut - ABG

Q1 below, Q2e slightly better Pulp prices down lately Fair value range of SEK 2-11/share Q1 below, Q2e slightly better EBIT was SEK -62m, w...

ABG Sundal Collier • 16 May 07:07

Rottneros: Still not out of the woods - ABG

Q1e: clean EBIT of ~SEK -45m, Q2 likely better Pulp prices up, but futures point down Fair value range: SEK 2-11/sh This is our earnings br...

ABG Sundal Collier • 10 Apr 07:21

Rottneros - PW: wood costs, FX, and CTMP - ABG

PW: Q1 EBIT below Q4 of SEK -28m Large negative effects from wood, FX and CTMP Higher wood costs and weaker USD affect all P&P players negat...

ABG Sundal Collier • 21 Mar 10:13

Rottneros: Weak ending, but pulp is moving up - ABG

Q4 below, Q1 likely better Pulp prices rising amid price hikes Fair value range: SEK 9-16/sh Q4 below, Q1 likely better EBIT was SEK -28m, ...

ABG Sundal Collier • 18 Feb 07:16

Rottneros: Q4 below, Q1 likely better - ABG

EBIT SEK -28m vs. ABG SEK -25m — lower volumes Q1 likely better — no maintenance Conference call at 12 CET EBIT SEK -28m vs.

ABG Sundal Collier • 06 Feb 12:35

Rottneros: Weaker on pulp and maintenance - ABG

Q4e: clean EBIT of ~SEK -90m, Q1 should be better Pulp prices down, but hikes announced Fair value range: SEK 9-16/sh This is our earnings ...

ABG Sundal Collier • 15 Jan 11:17

Rottneros: Pulp is down, and maintenance in Q4 - ABG

EBIT SEK 40m vs. ABG SEK 47m; Q4e likely weaker Pulp moving into more challenging territory – prices down Fair value range: SEK 9-16/sh Q3 ...

ABG Sundal Collier • 31 Oct 2024 17:19

Rottneros: Q3 slightly below, maintenance in Q4 - ABG

EBIT SEK 40m vs. ABG SEK 47m — higher costs, lower volumes Q4 likely weaker driven by maintenance Conference call at 12 CET EBIT SEK 40m vs...

ABG Sundal Collier • 23 Oct 2024 10:36

Rottneros: Not great, not terrible - ABG

- EBIT SEK 30m vs. ABGSCe SEK 63m; Q3e likely better - Pulp prices at ATHs, but may have peaked short-term - Fair value range: SEK 9-16/sh F...

ABG Sundal Collier • 25 Jul 2024 08:26

Rottneros: Q2 below, Q3 likely better - ABG

- EBIT SEK 30m vs. ABG SEK 63m - Q3 likely stronger — Rottneros Mill maintenance moved to Q4 - Conference call at 12 CET EBIT SEK 30m vs.

ABG Sundal Collier • 24 Jul 2024 09:08

Rottneros: Q2 set to improve vs. Q1 - ABG

Our earnings bridge We expect Q2 clean EBIT of ~SEK 63m, up from SEK 5m in Q1'24 and SEK 57m in Q2’23.

ABG Sundal Collier • 01 Jul 2024 23:00

Rottneros: A shaky start to the year - ABG

Q1: Clean EBIT of SEK 5m, production issues Pulp prices move higher, demand stronger Fair value range: SEK 9-16/sh Q1: Figures below due to...

ABG Sundal Collier • 02 May 2024 07:11

Rottneros: Produktionsstörningar tyngde Q1-resultatet - Penser

Bra leveranser, högre försäljningspriser, men kraftigt fall i produktionen Q1-resultatet påverkades kraftigt negativt av produktionsstörning...

Penser • 26 Apr 2024 10:13

Rottneros: EBIT miss driven by increased costs - ABG

- Clean EBIT SEK 5m vs. ABG SEK 37m - Q2 likely stronger than Q1 - Conference call at 12 CET Clean EBIT SEK 5m vs.

ABG Sundal Collier • 25 Apr 2024 10:18

Rottneros: Pulp is gaining momentum - ABG

Q1e: Clean EBIT of ~SEK 37m Pulp prices move higher, demand stronger Fair value range: SEK 9-16/sh Our earnings bridge We expect Q1 clean E...

ABG Sundal Collier • 15 Apr 2024 07:22

Rottneros: A quarter to forget - ABG

Q4: Clean EBIT of SEK -100m Pulp prices up and demand better Fair value range: SEK 9-16/sh Q4: Figures below expectations Q4 clean EBIT was...

ABG Sundal Collier • 06 Feb 2024 07:30

Rottneros: Tufft avslut på 2023, men lovande utsikter för 2024 - Penser Access by Carnegie

Q4 EBIT -100mkr Q4 påverkades kraftigt negativt av låga massapriser, höga råvarupriser och underhållsstoppet i Vallviks bruk.

Penser • 02 Feb 2024 10:01

Rottneros: Miss driven by lower prices - ABG

Clean EBIT SEK -100m vs. ABGSCe SEK -20m Q1 likely stronger than Q4 Conference call at 12 CET Clean EBIT SEK -100m vs.

ABG Sundal Collier • 01 Feb 2024 10:00

Rottneros: Pulp market better, but higher costs weigh - ABG

Q4e: Clean EBIT of SEK -20m Pulp prices up and demand better Fair value range: SEK 9-16/sh Pulp better, but costs up We expect Q4 clean EBI...

ABG Sundal Collier • 24 Jan 2024 07:18

Rottneros: Motståndskraftig lönsamhet trots tuffa marknadsförhållanden - Penser

Solid Q3-rapport visar på styrka i fokus på nischprodukter En stark volymutveckling och en god kostnadskontroll genererade en EBIT på 49 mkr...

Penser • 27 Oct 2023 11:41

Rottneros: Pulp markets are improving - ABG

Q3: Large volume-driven beat Pulp prices on the rise Fair value range: SEK 9-16/sh Q3: Figures well above expectations Q3 clean EBIT of SEK...

ABG Sundal Collier • 27 Oct 2023 08:44

Rottneros: Large volume-driven beat in Q4 - ABG

Clean EBIT SEK 49m vs. ABGSCe SEK -28m Q4 likely weaker than Q3 Conference call at 12 CET Clean EBIT SEK 49m vs.

ABG Sundal Collier • 26 Oct 2023 11:39

Rottneros: Better pulp markets despite challenging H2'23 - ABG

Q3e: Clean EBIT of SEK -28m Pulp futures sharply up – Chinese pulp prices up 19% Fair value range: SEK 8-16/sh Pulp/pulpwood spread will be...

ABG Sundal Collier • 11 Oct 2023 07:31

Rottneros: Starka finanser ger stöd i en tuff massamarknad - Penser

Q2-resultatet indikerar kraftig lönsamhetspress Omsättningen sjönk med 13% y/y till 681 mkr (784) och EBIT var 41 mkr (219), vilket resulter...

Penser • 24 Jul 2023 11:05

Rottneros: Pulp market weakness to continue - ABG

• Q2: Clean EBIT of SEK 57m vs. ABGSCe of SEK 62m • European pulp prices down -20-40% from the peak • Fair value range: SEK 8-14/sh Q2: Clea...

ABG Sundal Collier • 24 Jul 2023 07:47

Rottneros: Q2 Clean EBIT broadly inline - H2'23 will be challenging - ABG

• Clean EBIT SEK 57 vs. ABGSCe SEK 62m • Q3 EBIT likely SEK -20-50m • Conference call at 12 CET Clean EBIT SEK 57m vs.

ABG Sundal Collier • 21 Jul 2023 10:09

Rottneros: Margin pressure going into H2'23 - ABG

• Q2e: EBIT of SEK 62m • European pulp prices down -20-40% from the peak • Fair value range: SEK 10-15/sh Pulp/pulpwood margin squeeze to in...

ABG Sundal Collier • 14 Jul 2023 08:14

Rottneros: Stabil start på 2023, men med tydliga utmaningar framöver - Penser

Q1-resultatet signalerar en stabil start på året Nettoomsättningen ökade med 13% till 744 mkr (660) och EBIT var 149 mkr (145), vilket resul...

Penser • 02 May 2023 11:06

Rottneros: Strong delivery but the direction is down - ABG

Q1: EBIT SEK 149m vs. ABGSCe of SEK 90m Chinese NBSK import price down ~20% YTD Fair value range: SEK 10-15/sh Q1: Better prices, better vo...

ABG Sundal Collier • 27 Apr 2023 10:31

Rottneros: Beat from higher prices and better volumes - ABG

Clean EBIT SEK 149m vs. ABGSCe 90m New investments in CTMP and renewable energy Conference call at 12:00 CET Clean EBIT SEK 149m vs.

ABG Sundal Collier • 26 Apr 2023 13:54

Rottneros: Weaker pulp markets - ABG

Q1e: EBIT of SEK 90mChinese NBSK import price down ~20% YTDFair value range: SEK 10-15/sh (11-16)Q1e: Still some cost pressure from pulpwood...

ABG Sundal Collier • 23 Apr 2023 23:49

Rottneros: Väl rustad för potentiella utmaningar - Penser

Rekordstarkt 2022, men tecken på avmattning Nettoomsättningen ökade med 22% till 730 mkr i Q4 y/y, vilket var i linje med vår prognos.

Penser • 07 Feb 2023 11:15

Rottneros: Down but not out - ABG

Q4 EBIT of SEK 1m Pulp prices down but market balance is tight Fair value range: SEK 11-16/sh (12-17) Q4: A messy quarter Q4 EBIT was SEK 1...

ABG Sundal Collier • 06 Feb 2023 09:06

Rottneros: Strong end to an exceptional year - ABG

Q4e clean EBIT SEK 140m Pulp prices down but market balance is tight Fair value range: SEK 12-17/sh (10-15) Q4e: EBIT SEK 140m We expect Ro...

ABG Sundal Collier • 02 Feb 2023 07:41

Rottneros: Tecken på att den heta massmarknaden svalnar - Penser

Rekordresultat i tredje kvartalet Nettoomsättningen ökade med 41 procent till 806 mkr och EBIT ökade med 145 procent till 247 mkr, exklusive...

Penser • 28 Oct 2022 11:08

Rottneros: Capacity change to increase profitability - ABG

Will close down its groundwood pulp line at year-end Invests SEK 160-200m into a new CTMP line CTMP line fully funded from hedge realization...

ABG Sundal Collier • 16 Aug 2022 14:02

Rottneros: Kapitaliserar på en stark massamarknad - Penser

Rekordresultat i Q2 Rottneros rapporterade en EBIT på 219 mkr i Q2, +126 procent y/y.

Penser • 25 Jul 2022 12:04

Rottneros: Current sweet spot to fade into 2023 - ABG

Q2: all-time high EBIT of SEK 219m Pulp prices in Europe at ATH, more supply into '23 Fair value range of SEK 10-15/share Q2: all-time high ...

ABG Sundal Collier • 25 Jul 2022 08:37

Rottneros: All-time high EBIT - ABG

Q2 EBIT SEK 219n vs. ABGSCe SEK 159m Deliveries 6% above, realized prices 10% above Webcast today at 13.

ABG Sundal Collier • 22 Jul 2022 09:38

Rottneros - Q2e: Tailwinds from higher prices and FX - ABG

Q2e EBIT of SEK 159m Pulp prices at ATH, but more supply into ‘23e Fair value range of SEK 10-15/share Q2 EBIT likely up q-o-q (higher pulp ...

ABG Sundal Collier • 07 Jul 2022 06:23

Rottneros: Stark start på 2022 - Penser

Starkt resultat i Q1'22 Rottneros levererade ett rörelseresultat på 145 mkr i Q1'22, upp från 40 mkr i Q1'21.

Penser • 29 Apr 2022 11:09

Rottneros: A good start to the year - ABG

Q1 EBIT was SEK 145m Pulp prices in Europe back to all-time highs Fair value range of SEK 10-15/share Q1 EBIT was SEK 145m Q1 EBIT of SEK 1...

ABG Sundal Collier • 29 Apr 2022 07:44

Rottneros: Investering i formpressade fibertråg - Penser

Rottneros annonserar joint venture med Arctic Paper i Polen Rottneros och Arctic Paper har beslutat att investera EUR 15m i en fabrik för fo...

Penser • 14 Feb 2022 11:04

Rottneros: Låga multiplar men hög cyklisk risk - Penser

Q4'21 Rottneros rapporterade EBIT om 58 mkr i Q4'21, upp betydligt y/y jämfört med -95 mkr i Q4'20, men lägre än de 101 mkr som rapporterade...

Penser • 07 Feb 2022 11:24

Rottneros: Priserna slår igenom i resultatet - Penser

Starkt Q3'21 Rottneros rapporterade EBIT om 101 mkr i Q3'21, att jämföra med 4 mkr i Q3'20 och 97 mkr i Q2'21.

Penser • 25 Oct 2021 11:03

Rottneros: Starkt resultat i spåren av stigande priser - Penser

Högre priser börjar få genomslag i resultatet Rottneros rapporterade EBIT om 97 mkr i Q2'21, att jämföra med 2 mkr i Q2'20 och 11 mkr i Q1'2...

Penser • 23 Jul 2021 11:22

Rottneros: Rätt i cykeln - Penser

Vi inleder bevakning av Rottneros. Vi initierar bevakning av Rottneros, en svensk producent av marknadsmassa med bruk i Rottneros (Värmland)...

Penser • 08 Jul 2021 10:42