Changes in SCA’s Group Management
Due to approaching retirement, there will be changes in SCA’s Group Management.
- Interim Report Q3 2017
Invitation to SCA’s Q3 2017 press conference
The press conference held in connection with the publication of SCA’s interim report for the third quarter of 2017 will also be available via webcast or by phone.
- Conversion of shares
- Interim Report Jan – June, 2017
- Allocation of acquisition cost for shares in connection with SCA AB’s distribution of the shares in Essity Aktiebolag
Invitation to SCA’s Q2 2017 press conference
The press conference, held in connection with the publication of SCA’s interim report for the second quarter of 2017, will be available via webcast and is possible to join by phone.
Changes to the forest products company SCA’s Executive Management
As a final step in the split of the SCA Group into two listed companies, the Board has today – in connection with Magnus Groth being relieved of his duties as President and CEO – appointed Ulf Larsson as President and CEO of SCA. Magnus Groth has been appointed President and CEO of Essity Aktiebolag (publ), which has today been admitted for trading on Nasdaq Stockholm.
SCA changes publication date of interim report for the second quarter of 2017
SCA will publish its interim report for the January 1 – June 30, 2017 period on July 21.
SCA to close tissue production plant in the US
To further improve efficiency and strengthen the competitiveness for the Professional Hygiene business in North America, SCA has decided to close the tissue production plant in Flagstaff, Arizona, in the US.
Prospectus for Essity Aktiebolag (publ) published
SCA’s subsidiary, Essity Aktiebolag (publ), has prepared a prospectus regarding the admission to trading of the company’s Class A shares and Class B shares on Nasdaq Stockholm, with the scheduled first day of trading set at June 15, 2017.
Distribution and listing of Essity Aktiebolag (publ) on Nasdaq Stockholm
On April 5, 2017 the Annual General Meeting of Svenska Cellulosa Aktiebolaget SCA (“SCA”) decided in favor of the Board of Director’s proposal to distribute all shares in Essity Aktiebolag (publ) (“Essity”) (formerly SCA Hygiene AB) to SCA’s shareholders. The Board of Director’s were at the same time authorized to determine the record date for the distribution. SCA’s Board of Director’s has now set the record date for the distribution at Tuesday, June 13, 2017.
- Conversion of shares
Investor day with a presentation of the future forest products company SCA
The Annual General Meeting on April 5, 2017, decided to split the SCA Group into two listed companies: the forest products company SCA and the hygiene and health company Essity. The distribution and listing of Essity is expected to take place in June 2017. The future forest products company SCA is today holding an investor day in Sundsvall at which the management will present the company’s strategy and operations. The investor day opens at 8:30 am (CET) and will be available by webcast at www.sca.com.
SCA’s Extraordinary General Meeting
Today’s Extraordinary General Meeting of SCA was held at the Södra Berget Hotel in Sundsvall, Sweden.