The Basic Principles Of Production


Finland, our largest market accounted for 27% of total fibreboard sales this year (up from being 26% of total sales in 9M in 2019).In the Q3 2020 compared to the Q3 2019, we recorded sales growth in the next large markets for us, these being Denmark and Estonia, while we recorded sales decline in markets further afield mainly due to the negative effect in many such markets caused by the corona virus. By adding a 4th shift in our Pärnu production, and thus achieving full machine utilisation, has led to a strong increase in Fibreboard’s gross margin from being 18% in Q3 2019 to now reaching 29% in Q3 2020. Overhead costs for Q3 2020 was down 16% compared to Q3 2019, and EBITDA for Q3 2020 was thus positive € 370 thousand (15% of sales in Q3 2020), compared to Q3 2019 EBITDA positive € 152 thousand. FIBREBOARD SALES BY GEOGRAPHICAL SEGMENTS * Latvian and Lithuanian stores were closed on 30.09.2019 PÄRNU RIVERSIDE DEVELOPMENT: real estate management Rental income, including the resale of utilities, was € 36 thousand in Q3 2020 (2019 Q3 € 32 thousand). The company’s expenses consist of operating expenses and expenses related to the ongoing detail plan project, which resulted in positive EBITDA of € 1 thousand for Q3 2020 (2019 Q3 positive € 14 thousand). Real Estate Management net profit in Q3 2020 were € 1 thousand (2019 Q3: loss € 8 thousand). The reason for the change in EBITDA and net profit/loss is the change in the accounting policies for investment properties adopted at the end of 2019, where instead of the measured cost, investment properties were recognized in the balance sheet at fair value. The order book from our traditional customers in our largest markets in northern Europe remains strong, although it is very difficult to predict what will happen in the future due to the continuing uncertainty surrounding the COVID-19 pandemic. Nordic Fibreboard Ltd recorded net loss in October 2020 of € 27 thousand, such loss was mainly the result of the factory’s planned 2 week stoppages in early October. [Traffic] [Cars]

EXCLUSIVE: New Line tonight temporarily shut down production on the Olivia Wilde -directed film Don’t Worry Darling when a member of the production tested positive for COVID-19. The studio confirmed it happened, something that is an occupational hazard for any film or TV show that is shooting right now. They shut down right away. The film stars Florence Pugh, Harry Styles , Chris Pine , KiKi Layne, Gemma Chan and Nick Kroll with Wilde playing a supporting role. The film has a script by Carey and Shane Van Dyke that was rewritten by Wilde’s Booksmart partner Katie Silberman. Pic was shooting enquiry downtown Los Angeles when this happened today. The film has been following strict protocols, and the positive test came up during routine testing. The studio would  not disclose who came up positive, but I am told it is not a member of the principal cast but someone who was in close enough proximity to them that the shutdown was deemed necessary to find out if anyone else on the production has been exposed. No one else has tested positive at this point.