Rottneros Forecasts Significantly Weaker Q4 Result Due to Pulp Market Decline

The persistent weak pulp market during the fourth quarter led to lower prices in USD, with a depreciating USD further intensifying the price and margin drop when converted to SEK. Valuation adjustments for finished goods inventory also suffered from this trend, contributing to an estimated profit of around SEK 30 million. Despite reductions in wood raw material costs compared to the prior quarter, these changes failed to substantially offset the SEK-denominated pulp price reductions. A savings program launched in spring 2025 achieved nearly full effect in the quarter, lowering fixed costs and projected to cut the annual cost base by about SEK 45 million, surpassing the earlier forecast of SEK 35-40 million. Following the typical seasonal schedule, the annual maintenance shutdown at Vallvik Mill occurred in the fourth quarter, adversely affecting earnings. Rottneros plans to release its full 2025 year-end report on February 19, 2026. For more details, contact Lennart Eberleh, President and CEO (+46 (0)270 622 65, lennart.eberleh@rottneros.com), or Monica Pasanen, CFO (+46 (0) 270 622 70, monica.pasanen@rottneros.com). This disclosure complies with EU Market Abuse Regulation requirements and was issued on January 19, 2026, at 19.40.​