Sales and EBIT Growth
Sales grew by 9% to €2.4 billion, and adjusted EBIT increased by 18% to €175 million with a 7.4% EBIT margin.
Operational Efficiency
Operating working capital decreased by 3 percentage points to 7%, marking the fourth consecutive quarter of year-over-year improvement.
Positive EBIT Across All Divisions
For the first time since Q3 2022, all divisions achieved positive adjusted EBIT.
Oulu Mill Expansion
Successful production start of the new consumer board line at the Oulu mill, expected to reach full capacity by 2027, representing a key strategic expansion.
Organizational Restructuring
Implementation of a new leaner and flatter organizational structure with 7 P&L responsible business areas to enhance efficiency and focus on renewable packaging.
Strategic Acquisition
Regulatory approval to acquire Finnish sawmills, Junnikkala, enhancing synergies and reducing wood costs.