Utility pole volumes increase 7% but performance chemicals sales drop 18% due to U.S. market share shift.
Programme includes Metsä Board’s Euro 200 million initiative; 520 permanent positions to be terminated in Finland.
Net profit rises 75% to Euro 1.4 billion as investments reach Euro 4.3 billion in renewables and forestland.
The company has already reduced 80% of purchases from affected suppliers and will cut 95% by March 2026, leaving 0.50% of its virgin fibre sourced from the region.
Total timber stocks decline 8%, while pulp chips and coniferous sawlogs remain largely stable across timber balance areas.
Budget 2025 allocates $700 million in loan guarantees and $500 million in new forest programs to boost competitiveness and domestic sourcing.
Proposed shift to processing hub enables new railhead, potentially cutting related sawmilling roles.
Pine plywood shipments fall 40% in value while tropical sawnwood gains 21%.
Jeld-Wen to cut 11% of North America and Corporate workforce and lowers full-year guidance amid persistent market headwinds.
Financing package includes a $250 million term loan to cover a $350 million green bond maturity in 2026.
Nicholas Manthey, current Vice President of Corporate Finance, will succeed James Brunk upon his 1 April 2026 retirement.
Modernization targets increased pulp production capacity for molded fiber packaging
New fiber production system targets enhanced processing capabilities for medium-density fiberboard.
Company records $20.4 million non-cash inventory impairment and expects pulp prices to remain weak in Q4.
Acquisition integrates real-time delivery site tracking and chain of custody features into a unified forest intelligence platform.
New marketing lead assumes role on 1 November 2025 after serving as deputy and previously working for a B2B marketing agency.