SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “
Separately, ValuEngine downgraded SVENSKA CELLULO/ADR from a “hold” rating to a “sell” rating in a research report on Wednesday, November 28th.
SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) last issued its quarterly earnings results on Wednesday, January 30th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.02). The business had revenue of $544.57 million during the quarter. SVENSKA CELLULO/ADR had a net margin of 5.34% and a return on equity of 8.29%. On average, sell-side analysts predict that SVENSKA CELLULO/ADR will post 0.52 earnings per share for the current year.
About SVENSKA CELLULO/ADR
Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers timber products for the private forest owners; and supplies wood-based products for the industrial and building materials trade. It also provides kraft pulp and chemical thermomechanical pulp; by-products, such as turpentine and tall oil; and green electricity and district heating under the Celeste, Star, and Cirrus brands.
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