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Metsä Board’s comparable operating result in 2024 January–December was EUR 69 million

Metsä Board’s CEO Mika Joukio: “In October–December, demand for paperboards was lower than expected, and our delivery volumes decreased from the previous quarter. We adjusted production to match the low demand at several of our mills. Our profitability was also burdened by the repair shut-down at Metsä Fibre’s Kemi bioproduct mill, which lasted for about a month. Our sales in October–December amounted to EUR 446 million, and our comparable operating result was EUR -3.6 million.

We had a positive start to 2024, with paperboard demand picking up clearly from the previous year’s record low level. However, activity faded towards the end of the year, and our paperboard deliveries, amounting to approximately 1.5 million tonnes, remained below our capacity level. Demand is still constrained by cautious purchasing behaviour and consumption focusing more on services than products. In addition, market balance has been influenced by the strong growth in Asian paperboard capacity and increasing paperboard imports especially to Turkey, the Middle East and South America.
more at: https://www.metsagroup.com/metsaboard/news-and-publications/news/2025/metsa-boards-comparable-operating-result-in-2024-januarydecember-was-eur-69-million/

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