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An announcement from Rottneros AB ( (SE:RROS) ) is now available.
Rottneros AB has announced a fully guaranteed rights issue of approximately SEK 300 million to strengthen its financial position and reduce leverage. The move comes as the company faces challenges from rising raw material costs and declining demand, with plans to capitalize on recent investments and operational efficiencies for future growth.
More about Rottneros AB
Rottneros AB operates in the pulp and paper industry, specializing in the production of high-quality mechanical and chemical pulp. The company focuses on sustainable packaging solutions and has invested in expanding its CTMP capacity and renewable energy production.
Average Trading Volume: 94,788
Current Market Cap: SEK884.9M
For an in-depth examination of RROS stock, go to TipRanks’ Stock Analysis page.
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