Cost savings programme offsets lower prices as group begins market-driven shutdown at Joutseno pulp mill.
Finanças
High industry inventories and cold weather limit production, while the company enters Phase 2 of its internal efficiency work.
Significant overcapacity in the forest industry led to production curtailments that reduced demand for pulpwood, and pulpwood prices fell during the quarter. Log demand decreased, and log prices began to decline slightly from very high levels.
North America sales surge 60% following opening of dedicated manufacturing facility in 2024.
The builder cited affordability concerns and competitive conditions, and said it adjusted incentives, sales pace and production while working down spec inventory.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Affordability limits and cautious buyers keep incentives elevated as orders rise and the builder reduces unsold completed inventory.
Company completes full acquisition of ASV Packaging and invests over Euro 60 million to boost production capacity and automation.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
Temporary cost increases from higher energy consumption and rising transport costs weigh on first-quarter results.
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.