Tuesday, February 24, 2015

Strong rise to Rottneros share – Swedish newspaper Svenska Dagbladet

Strong rise to Rottneros share – Swedish newspaper Svenska Dagbladet

High pulp prices, a strong dollar, continued efficiency and a resumption of dividend supports the company.

The recent rise has been supported by Börsveckan, as in this week’s issue gave shares a buy recommendation.

Under the former CEO Terland was restructured and focus operations. The change process continued for Carl-Johan Jonsson, who left the company in November 2014 after he and the Board determined that they have “different views on leadership and organizational development.”

Before that, however, a new type of pulp, which according to the company received a “flying start”, developed at the mill in Rottneros.

“The development of mass and currency suggest that Rottneros must be able to acquire a substantial space for both distributions to owners and investment in 2015,” said an investor who follows the company close to Direkt in January.

He was a true prophet a month later when Rottneros board proposed a dividend of 20 cents per share and a special dividend of 20 cents per share attributable to the sale of Utansjö plant .

Rottneros Shares changed after about 20 minutes of trading on Tuesday, the owner of the course 6:15 crowns, an increase of 6 percent for the day.

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