Q2/2022 (year-on-year) • Sales increased by 18% to EUR 3,054 (2,592) million. • Operational EBIT increased by 39% to EUR 505 (364) million. • Operational EBIT margin increased to 16.5% (14.0%). • Operating profit (IFRS) increased to EUR 399 (182) million. • Cash flow from operations amounted to EUR 404 (463) million. Cash flow after investing activities was EUR 247 (339) million. • Operational ROCE excluding the Forest division increased to 22.8% (18.1%), the target being >13%. Q1-Q2/2022 (year-on-year) • Sales were EUR 5,852 (4,868) million. • Operational EBIT was EUR 1,008 (692) million.
Metsä Tissue’s, part of Metsä Group, renewed tissue paper machine at the Mänttä mill has moved from the trial run phase to continuous production. The renewed paper machine will be used to produce fresh fibre-based tissue paper products especially for the Finnish market. The upgrade will increase the production capacity of the tissue paper machine by 15 per cent, as well as improve product quality and energy and production efficiency.
The renewal is an investment in increasing the production and improving the quality properties of Lambi, Serla and Katrin tissue paper products manufactured locally in Mänttä. The first products were trialled in June and the softness and strength of the paper have further improved. The new technology also enables tissue paper to be produced more energy-efficiently than before. The main machine supplier for the renewal was Valmet.
“Tissue papers which are familiar to consumers’ everyday life are products that are important to the society’s security of supply. The renewal of the tissue machine enables us to increase production and at the same time take an important step towards fossil-free production. Development work on the renewal continues and I believe we will achieve the benefits we are aiming for and beyond. Our energy consumption will be reduced by around 15 per cent per tonne of paper produced, leading to lower carbon dioxide emissions in line with our sustainability targets. In addition to increased production capacity and better paper quality, also our occupational safety will improve,” says Kari Karttunen, VP Production of the Mänttä mill.
“We are proud to have the opportunity to continue our co-operation with Metsä Tissue in this important renewal project for Mänttä PM10. This is the third Advantage ViscoNip rebuild project that Valmet and Metsä Tissue have done together, and the cooperation has been very good in all projects. Valmet’s ViscoNip technology has major benefits related to improving product quality, reducing energy consumption and increase production capacity and is very well suited for rebuilds,” says Björn Magnus, Sales Director Rebuild & Single sales, Valmet.
Metsä Tissue’s strategy is to serve customers close to the markets with sustainably produced hygiene tissues and solutions. The main raw material used in tissue paper products is renewable northern wood, fresh fibre, which is pure, high quality and gives tissue paper good strength and softness properties.
Metsä Tissue’s Mänttä mill produces Serla, Lambi and Katrin tissue paper products and customers’ own brands as well as SAGA baking paper products. The mill has three tissue machines, one greaseproof paper machine and 11 tissue converting lines.