Temporary cost increases from higher energy consumption and rising transport costs weigh on first-quarter results.
Finanzkennzahlen
Lower consumer confidence and spending reduce packaging volumes, while transportation and fuel surcharge volatility increase operating costs.
Consolidated sales fall 2% to $108.7 million as cold winter and elevated interest rates weigh on construction activity.
Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.
Stock cabinet sales lead the downturn with a 15.2% drop in year-to-date revenues, while total cabinet quantity shipped falls 14%.
Company records $10.2 million net realizable value charge in Q4 as combined duty and tariff rate rises to 45.16%.
Lumber shipments decline 40% in Q4 as company operates at 46% of capacity amid 45.16% combined duty and tariff rate.
Existing plants post stable performance with adjusted EBITDA of Euro 27.2 million, slightly down from prior year due to higher material costs.
Service business remains stable as timber house construction orders reach new record, including largest order to date.
Gross margin expands to 22.1% despite muted housing activity as price increases offset lower volumes.
Company outlines 2026 priorities to deliver positive free cash flow and drive EBITDA improvement across all businesses.
Company introduces 2026 guidance with core revenue decline of 5% to 10% amid continued market challenges.
U.S. subsidiary takes non-cash charge as housing market activity declines; gross margin percentage rises to 11.5% on lower product costs.
Weak demand, sky-high sawlog prices, deteriorating currency conditions, and weaker energy assortment revenue weighed on fourth-quarter results.
Full-year adjusted EBITDA declines to $15.8 million as 2024 carbon credit sales of $24.6 million are not repeated.
Utility pole volumes rise 9.7% as company idles two facilities and forecasts EPS growth to $4.20-$5.00 in 2026.
Lumber demand stayed weak through most of the quarter, while scheduled maintenance reduced pulp output.
Fluff pulp line starts at Navia as company targets 62% specialty sales by 2028, with pulp prices climbing to $1,330 per tonne.
Tornator acquires over 35,000 hectares in Finland, expanding forest assets to more than 800,000 hectares.
Packaging volumes soften on seasonality, while tissue segment faces $6 million in costs from unplanned power outage.