*Order intake amounted to 2,588.6 million euros (MEUR) and was thus 49.7% higher than in the previous year’s reference period (Q1 2021: 1,729.5 MEUR). In particular, the Pulp & Paper and Hydro business areas were able to increase order intake significantly compared to the reference period of the previous year. *The order backlog as of March 31, 2022, reached a record level at 9,435.1 MEUR and has thus risen significantly once again compared to the end of 2021 (December 31, 2021: 8,165.8 MEUR). *Revenue at 1,526.9 MEUR were 2.3% higher than in the previous year’s reference period (Q1 2021: 1,493.2 MEUR). This rise is largely attributable to the Metals and Separation business areas. *The operating result increased more than revenue, reaching 122.3 MEUR (+10.3% compared to Q1 2021: 110.9 MEUR). As a result, the Group’s profitability (EBITA margin) increased significantly to 8.0% (Q1 2021: 7.4%). This is mainly due to continuing good business development in the Pulp & Paper business area and the substantial earnings improvements achieved by the Metals and Hydro business areas. *Net income increased to 71.5 MEUR (Q1 2021: 62.1 MEUR).

Drytac is delighted to announce the appointment of Anne Sierakowski to the role of Product Manager in North America. Effective 1st May 2024, Anne will play a key role in product strategy development at Drytac. This will include assessing the market landscape for major trends and emerging technologies, as well as conducting research to understand core customer needs and requirements. “We are absolutely delighted to welcome Anne to the Drytac team,” says Glen Fitzgerald, Director of Sales, Americas at Drytac. “She brings a wealth of experience to the role which will benefit both our team and customers across the market. “Anne will be supporting us with both new products and existing solutions, working closely with customers and our many partners to ensure we are delivering the best possible solutions.”

FPInnovations is a private not-for-profit R&D organization that specializes in the creation of solutions that accelerate the growth of the Canadian forest sector and its affiliated industries to enhance their global competitiveness. It is ideally positioned to perform state-of-the-art research, develop advanced technologies, and deliver innovative solutions to complex problems for every area of the sector’s value chain, from forest operations to consumer and industrial products. Their expertise spans the pulp and paper industry, forest operations, wood products, and bio-sourced products sectors. With the forest industry at heart, their mission is to accelerate forest sector growth and transformation and enhance forest sector competitiveness. They hold their core values in high regard: Innovation, Agility, Collaboration, and Integrity.