SCA closes baby diaper business in Mexico
Monday, October 3, 2016 7:45 am
As part of SCA's work with addressing weak market positions that have inadequate profitability, the Group has decided to close its baby diaper business in Mexico. ***** There will be a tour of the NC State Pulp and Paper Facilities at the 7th Annual Light Green Machine Institute Conference (16 - 18 Oct 16 in Raleigh, NC) **** The total costs for the closure of the business are expected to amount to approximately SEK 170m and will be recognized as an item affecting comparability in the third quarter of 2016. Approximately SEK 20m of these costs are expected to impact cash flow.
|