Borregaard

Borregaard is a supplier of specialized biochemicals for a global customer base. Co.'s main products are lignin-based products and specialty cellulose, but its product portfolio also extends to vanillin, bioethanol and fine chemicals. Co.'s products serve applications in a range of global end-markets including construction, agriculture, food and beverages, transportation and pharmaceuticals. Co.'s business model is closely linked to the integrated nature of its biorefinery in Norway, which utilizes the wood components to produce a portfolio of products. Co. operates in three business segments: Performance Chemicals, Specialty Cellulose and Other Businesses.
  • TickerBRG
  • ISINNO0010657505
  • ExchangeOslo Bors
  • SectorChemicals
  • CountryNorway

Analysts

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Fast Comment - Newsprint prices -7%, cartonboard -2%

Publication paper prices down ~5% in H1’20 Cartonboard and containerboard prices down ~2% Negative for Norske Skog, Holmen, UPM and Stora

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Report - Lower paper prices, but pulp pointing up

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Report - The forest sector is perfect for ESG

When forestry products replace products that have higher fossil emissions, it has a significant positive climate impact. Examples include wood products replacing steel or concrete, paper packaging replacing plastic or bio-based energy replacing oil or coal. Here, Stora Enso stands out as one of the sector’s outperformers due to a significant production of wood products. In sum, Stora Enso’s production of 10.3 million tonnes of pulp and paper and 5.6 million m3 of wood products result in a positive substitution effect (reduction in global greenhouse gases) of 3.4 million tonnes of CO2e. If we a...

Martin Melbye ...
  • Øystein Elton Lodgaard

Borregaard - ESG profile

When forestry products replace products that have higher fossil emissions, it has a significant positive climate impact. Examples include wood products replacing steel or concrete, biobased energy replacing oil or coal or organic chemicals replacing oil-based chemicals. Here, Borregaard clearly stand out from both the Pulp & Paper and the chemicals sector with its unique product portfolio. It is difficult to measure the positive effect of this substitution, but if we look at the energy end-use as a proxy for the substitution effect (could assume that the material is eventually recycled for bio...

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Fast Comment - Newsprint prices -7%, cartonboard -2%

Publication paper prices down ~5% in H1’20 Cartonboard and containerboard prices down ~2% Negative for Norske Skog, Holmen, UPM and Stora

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Report - Lower paper prices, but pulp pointing up

Martin Melbye ...
  • Øystein Elton Lodgaard

Sector Report - The forest sector is perfect for ESG

When forestry products replace products that have higher fossil emissions, it has a significant positive climate impact. Examples include wood products replacing steel or concrete, paper packaging replacing plastic or bio-based energy replacing oil or coal. Here, Stora Enso stands out as one of the sector’s outperformers due to a significant production of wood products. In sum, Stora Enso’s production of 10.3 million tonnes of pulp and paper and 5.6 million m3 of wood products result in a positive substitution effect (reduction in global greenhouse gases) of 3.4 million tonnes of CO2e. If we a...

Martin Melbye ...
  • Øystein Elton Lodgaard

Borregaard - ESG profile

When forestry products replace products that have higher fossil emissions, it has a significant positive climate impact. Examples include wood products replacing steel or concrete, biobased energy replacing oil or coal or organic chemicals replacing oil-based chemicals. Here, Borregaard clearly stand out from both the Pulp & Paper and the chemicals sector with its unique product portfolio. It is difficult to measure the positive effect of this substitution, but if we look at the energy end-use as a proxy for the substitution effect (could assume that the material is eventually recycled for bio...

Eivind Sars Veddeng

Borregaard (Hold, TP: NOK105.00) - Q4 set to be weak

We forecast Q4 clean EBITA of NOK109m, burdened by a NOK35m impact from production issues in Sarpsborg. We do not extrapolate this, and have lifted our 2020–2021e clean EBITA by c3% on lower wood costs. We retain our HOLD and NOK105 target price with a decent volume and margin recovery already looking priced in.

1 director sold

A director at Borregaard Asa sold 12,000 shares at 92.000NOK and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Eivind Sars Veddeng ...
  • Nicolay Dyvik
  • Ole-Andreas Krohn

Northern Lights

Christer Magnergård ...
  • Eivind Sars Veddeng
  • Frank Maaø
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Mattias Holmberg
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Frank Maaø
  • Karl-Johan Bonnevier
  • Ole-Andreas Krohn
  • Paul Harper
  • Rune Majlund Dahl
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Christer Magnergård ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Frank Maaø
  • Joachim Gunell
  • Jon Masdal
  • Marius Knudssøn
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Christer Magnergård
  • Eivind Sars Veddeng
  • Martin Arnell
  • Mattias Holmberg
  • Ole-Andreas Krohn
  • Olof Larshammar

Northern Lights

BORREGAARD ASA loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of BORREGAARD ASA (NO), active in the Specialty Chemicals industry. The title has lost a star(s) at the fundamental level and now shows 1 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date October 22, 2019, the closing price was NOK 93.80 and its potential was estimated at NOK 106.70.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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