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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Metsä Board Oyj    METSB   FI0009000665

METSÄ BOARD OYJ

(METSB)
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Metsä Board Oyj : Metsa Board to sell 30% in pulp mill to focus on paperboard

12/01/2020 | 05:02am EST

(Reuters) - Finnish forest company Metsa Board said on Tuesday it will sell 30% stake in a pulp mill in Husum, Sweden, to Norra Skog to focus on its paperboard business.

The company said it plans to use the cash released by the sale, valued at 350 million euros ($420 million), to develop investments in paperboard.

"This provides an excellent platform to grow our core business - sustainable and high-quality fresh fibre paperboard," said chief executive Mika Joukio.

($1 = 0.8351 euros)

(Reporting by Boleslaw Lasocki in Gdansk. Editing by Jane Merriman)


© Reuters 2020
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Financials
Sales 2020 1 886 M 2 295 M 2 295 M
Net income 2020 169 M 205 M 205 M
Net Debt 2020 287 M 349 M 349 M
P/E ratio 2020 20,1x
Yield 2020 2,58%
Capitalization 3 384 M 4 119 M 4 118 M
EV / Sales 2020 1,95x
EV / Sales 2021 1,80x
Nbr of Employees 2 398
Free-Float 47,9%
Chart METSÄ BOARD OYJ
Duration : Period :
Metsä Board Oyj Technical Analysis Chart | METSB | FI0009000665 | MarketScreener
Technical analysis trends METSÄ BOARD OYJ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 8,91 €
Last Close Price 9,53 €
Spread / Highest target 6,04%
Spread / Average Target -6,41%
Spread / Lowest Target -20,2%
EPS Revisions
Managers and Directors
NameTitle
Mika Henrikki Joukio Chief Executive Officer
Ilkka Tappio Hämälä Chairman
Jussi Noponen Chief Financial Officer
Harri Pihlajaniemi Senior Vice President-Production & Technology
Kai Korhonen Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
METSÄ BOARD OYJ10.50%4 119
UPM-KYMMENE OYJ2.33%20 242
SUZANO S.A.9.94%15 905
STORA ENSO OYJ3.13%15 546
SVENSKA CELLULOSA1.88%12 384
HOLMEN AB0.97%7 951