Metsä Group’s comparable operating result in January–September 2021 was EUR 694 million

January–September 2021 (1–9/2020)
•Sales were EUR 4,457 million (3,698).
•Operating result was EUR 652 million (279). Comparable operating result was EUR 694 million (274).
•Result before taxes was EUR 616 million (242). Comparable result before taxes was EUR 658 million (236).
•Comparable return on capital employed was 16.4% (7.0).
•Net cash flow from operations was EUR 596 million (361).

July–September 2021 (7–9/2020)
•Sales were EUR 1,515 million (1,245).
•Operating result was EUR 273 million (116). Comparable operating result was EUR 278 million (115).
•Result before taxes was EUR 263 million (103). Comparable result before taxes was EUR 267 million (102).
•Comparable return on capital employed was 18.8% (8.8).
•Net cash flow from operations was EUR 222 million (158).

President and CEO Ilkka Hämälä:
“According to expectations, Metsä Group’s third quarter in 2021 proved to be excellent. The good demand in the pulp business and for mechanical wood products which characterised the first half of the year continued. The price of pulp declined in the Chinese market, while prices in Europe remained stable. Demand for folding boxboard and linerboard continued to be very strong, supporting a rising trend in prices. Demand for tissue paper continued to be weaker than usual, and price increases in raw materials and energy burdened Metsä Tissue’s result.

The ongoing investment projects are progressing according to plan and on schedule. Price increases in construction materials and steel have had an impact, especially on the cost estimate of the Kemi bioproduct mill. The planning of the Mariestad tissue paper mill and the development plan for the mechanical forest industry to be implemented in the Äänekoski mill site are progressing. Their environmental permit processes are expected to be completed during 2022. The investment increasing the capacity of Husum’s folding boxboard machine by 200,000 tonnes is underway. When completed, the machine will be the most efficient in Europe in its field.

Metsä Spring continues its work to create new forest industry business opportunities. Metsä Spring’s biggest projects are the demo plant for textile fibres operating in Äänekoski, and the demo plant for 3D fibre packaging, which will be completed during the second half of this year, also in Äänekoski.”
details at:https://www.metsagroup.com/en/media/all-news/Pages/News.aspx?EncryptedId=05CB31F49508F479&Title=MetsaGroupscomparableoperatingresultinJanuarySeptember2021wasEUR694million

Related Posts

Euro-Graph Publishes August Statistics of the European Graphic Papers Industry

Total European shipments of graphic papers were UP 0.3% vs. August 2016 and are down 0.4% year-to-date. Total European shipments of newsprint were down 1.0% vs. August 2016 and are down 3.1% year-to-date. Total European shipments of sc-magazine were down 0.8% vs. August 2016 and are UP 1.7% year-to-date. Total European shipments of coated mechanical reels were down 0.6% vs. August 2016 and are down 1.0% year-to-date. Total European shipments of uncoated mechanical were UP 2.3% vs. August 2016 and are UP 2.0% year-to-date. Total European shipments of coated woodfree were UP 2.6% vs. August 2016 and are UP 1.6% year-to-date. Total European shipments of uncoated woodfree were UP 0.8% vs. August 2016 and are down 0.3% year-to-date. Click Read More below for additional information.

Ahlstrom-Munksjö: Reorganization of Decor business ownership

Ahlstrom-Munksjö Holding 3 Oy’s Board of Directors has agreed an ownership reorganization plan under which the production assets, debts, and liabilities relating to its Decor business will be transferred from Ahlstrom-Munksjö Holding 3 Oy, without liquidation, to a newly formed company that will be named Munksjö. In the ownership reorganization, Ahlstrom-Munksjö Holding 3 Oy will divest the majority share of and remain with a minority share in the new Munksjö company to Ahlström Capital BV (wholly owned subsidiary of Ahlström Capital Oy) and Nidoco AB, both of which are affiliates of the current minority owners of Ahlstrom-Munksjö Holding 3 Oy. The planned reorganization is subject to customary closing conditions and is expected to be completed by the end of the third quarter of 2022, following which Ahlstrom-Munksjö Holding 3 Oy will start preparing plans for changing its business name to Ahlstrom.

Sappi Releases “True or False” Guide about Coated and Uncoated Paper

Filled with entertaining urban legends and popular misconceptions, Sappi's new "True or False" booklet challenges frequently heard myths such as, "humans only use 10% of their brains" and "lightning never strikes the same place twice." It also refutes the widespread belief that uncoated printing papers cost less than coated. In addition to comparing costs, performance capabilities, and environmental benefits between coated and uncoated sheets, "True or False" presents an actual side-by-side demonstration of the same image printed with the same press settings on Sappi McCoy Matte and Silk and two comparable uncoated grades, so readers can see the tactile and visual differences for themselves. "Some myths about coated and uncoated paper have been around so long that people accept them as fact, but not everything that people believe to be true is true," says Patti Groh, Director of Marketing Communications, Sappi North America. "A premium smooth uncoated sheet may cost as much as 170% more than a comparable coated sheet such as Sappi's McCoy. Click Read More below for additional information.
Back To Top
×Close search
Search