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Rottneros: Prepared to wait - SEB

At the trough of the pulp price cycle we forecast Rottneros to remain slightly above EBIT breakeven in 2020. While setting a new production record, EBIT in Q3 declined to SEK 4m from SEK 54m in Q3 2019 due to a drop in realised prices. With its strong balance sheet, Rottneros can afford to wait for the pulp price recovery that eventually will come.

At the trough of the pulp price cycle we forecast Rottneros to remain slightly above EBIT breakeven in 2020. While setting a new production record, EBIT in Q3 declined to SEK 4m from SEK 54m in Q3 2019 due to a drop in realised prices. With its strong balance sheet, Rottneros can afford to wait for the pulp price recovery that eventually will come.
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