The U.S. containerboard maker expects fourth-quarter adjusted EPS of $2.81, with maintenance outages at three mills and higher fiber, freight and energy costs.
Finance
Homebuilding margin fell to 18.3% amid higher lot costs, affordability-related pricing pressure and weak consumer sentiment; mortgage banking income increased 7% while closed-loan production fell 10%.
EBITDA rose 25% sequentially as containerboard conditions strengthened and industrial raw-material costs fell; packaging-paper deliveries rose year on year but fell from the second quarter.
An $829 million goodwill impairment led to a GAAP net loss of $732 million; the company expects continued strong Industrial results and more stable Consumer results in the fourth quarter.
Price increases in both regions more than offset input-cost inflation, while sales volumes reached 903,000 metric tons; Billerud expects stable markets and positive pricing in the fourth quarter.
Higher mortgage rates and economic uncertainty marked the quarter; the builder remains confident in housing fundamentals and its ability to manage the current cycle.
Variable costs fell by SEK 51 million, mainly as pulpwood prices declined, while CTMP production increased; full-year investments are expected to total about SEK 60 million.
Group operating profit of SEK 267 million included a SEK 288 million gain from the Sunpine sale; Södra plans to continue its transformation, citing the weak wood products business.
Wood products demand was subdued and log prices fell; Holmen plans to keep balancing production with market conditions.
Closings fell 9% to 6,876 homes as higher mortgage rates stretched affordability; the company continues to balance the price and pace of sales and align production.
Order intake rose to Euro 170 million, while the company kept its 2026 profit guidance unchanged.
Solikamskbumprom is seeking $245 million from a Chinese company as more than 10 creditors pursue bankruptcy claims.
Bell takes the role after serving as corporate finance manager and operations controller.
Revenue and costs fell 14.6% and 14.3%, respectively, in January-July 2026.
Setra's Q2 operating profit turns positive to SEK 15 million ($1.6 million) on falling timber costs and internal efficiency
Lower electricity prices, weaker wood-product earnings and cautious construction demand affect operations, while board and paper deliveries improve.
Canadian softwood lumber producers expect difficult conditions through 2026 as weaker demand, production curtailments and U.S. trade costs pressure operations.
Higher lumber deliveries lifted sales, while high wood and logistics costs and weak chipboard demand reduced earnings.
Economic uncertainty is delaying equipment orders, while cost savings are reducing customer maintenance activity and Services demand.
Q2 2026 net earnings decline to $2.1 million as customers maintain disciplined purchasing approach.