Metsä Board Reports Significant Operating Loss for January–September 2025 Amid Challenging Market Conditions

Metsä Board reported a challenging January–September 2025 period with sales of EUR 1,382.2 million, down from EUR 1,492.6 million the previous year. The comparable operating result was a loss of EUR 45.5 million (-3.3% of sales), compared to a positive EUR 72.6 million (4.9%) a year earlier. The operating result was EUR -70.3 million. Comparable earnings per share were EUR -0.13. The third quarter saw sales of EUR 441.2 million and a comparable operating loss of EUR 45.6 million (-10.3% margin), reflecting weak consumer demand, US tariffs impact, overcapacity, and maintenance shutdowns affecting production and profitability. The company launched a cost-saving program aiming for EUR 200 million annual EBITDA improvement by end-2027 and targeted EUR 150 million working capital release by year-end 2025, releasing EUR 120 million in Q3 alone. Metsä Board discontinued issuing result guidance due to volatile markets, focusing instead on operational efficiency and sustainable growth. CEO Esa Kaikkonen emphasized determination and strategic adaptation to build future resilience.