Rottneros Interim Report January–September 2025: Navigating a Challenging Market

Rottneros reported a 16% lower net turnover of SEK 574 million for Q3 2025 due to weak CTMP market conditions and falling foreign currency selling prices, compounded by a stronger Swedish krona. Production declined to 72,900 tonnes, with CTMP output particularly limited, while sold volume totaled 76,300 tonnes, reflecting strong demand with an 8% increase in sulphate pulp sales but a 36% drop in CTMP sales. EBITDA turned negative at SEK -21 million, and net income was a loss of SEK -52 million. The equity/assets ratio improved to 63%, supported by a rights issue raising SEK 300 million. Operating cash flow for the nine months was negative SEK 70 million, with investments reduced to SEK 102 million. CEO Lennart Eberleh noted continuing cost efficiency efforts, stable niche demand, and strategic development of fiber-based packaging through a joint venture in Poland. Despite market challenges, production efficiency and innovation remain key priorities for Rottneros.​

Jino John

10/30/20251 min read