Rottneros’ interim report January–March 2025

Comments by the CEO
Focus on cost adjustments and a stable balance sheet

The first quarter was marked by weak results due to continued rising prices for pulp wood, the challenging market trend for CTMP pulp and the weaker USD. We are now working intensively on cost adjustments and further efficiency measures. Meanwhile, the chemical softwood pulp market is stable and many of our niche customers still wish to increase their volumes.

We are now rapidly implementing cost adjustments and efficiency measures on all fronts in response to worsening external conditions. We are therefore doing what is necessary, even if it is painful. At the end of March, 47 employees were given notice, mainly at Rottneros Mill where we produce mechanical CTMP pulp. Overall, we expect to reduce the Group’s cost base by 35–40 MSEK on an annual basis, with full effect during the
second half of 2025.

Profitability is primarily being squeezed in CTMP pulp due to the tough market situation. At present, several external factors are forcing us to scale back our production and limit deliveries to fewer markets.
details at: https://www.rottneros.com/media/press-releases-and-news/2025/rottneros-interim-report-januarymarch-2025/

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