Pulp and wood units drive decline while CLT and biomethanol remain stable.
财务
Plywood output falls 23% as ruble appreciation, 25% tax rate, and 28% mortgage interest weaken export and housing markets.
For the six months ended May 31, 2025, Goodfellow reported net earnings of $0.2 million, compared to net earnings of $5.2 million a year ago, while consolidated sales were $264.1 million compared to $245.7 million last year.
Kemira now expects the revenue to be between Euro 2,700 and 2,950 million, and the operative EBITDA to be between Euro 510 and 580 million in 2025.
Comparable result shifts by Euro 116 million from Q1 as pulp demand weakens in Europe and China.
Chairman Roberto Selci takes over as CEO.
Delivered FY25 results significantly ahead of prior year with adjusted EBITDA up 125% year-on-year to Euro 10.8 million.
National supply shows elasticity below 1 (PNW at 1.5), while South-Central’s 25-year rotation growth of nearly 200 m³/ha delivers positive NPV on planting.
In 2024, EBITDA of Latvijas Finieris has reached Euro 82.2 million, compared to Euro 78 million in 2023.
Q1 2025 Adjusted EBITDA of $586,666, representing an increase of 137% year-over-year.
Order intake decreased marginally by 1% in the Q1 2025 compared to the previous year. The order backlog continued to grow slightly, 1%.
Adjusted EBITDA was $75.8 million in Q1 2025 compared to $67.1 million in Q1 2024, an increase of $8.7 million or 12.9%.
Comparable EBITDA was Euro 7.4 million and comparable EBITDA margin was 14.3%. The increase was driven by strong operational execution and improved efficiency.
EBITDA totalled Euro 116 million (in line with Q4 2024 and down 13% on Q1 2024), with an EBITDA margin of 22% (down 0.4 pp on Q4 2024 and down 3.0 pp on Q1 2024).
Q1 2025 Adjusted EBITDA was $162 million, a decrease of $20 million.
Adjusted EBITDA was $19.6 million, or 2.8% of net sales, for the Q1 2025, compared to $38.8 million, or 5.3% of net sales in the Q1 2024.
Q1 2025 Adjusted EBITDA was $40.0 million, compared to $45.6 million in Q1 2024, a decrease of 12.3%.
Q1 2025 Adjusted EBITDA was $27.1 million versus $44.6 million in the prior year period.
Ence Advanced products accounted for 35% of pulp sales in the first quarter. Their weight is expected to continue to increase to over 60% in 2028, including fluff.
Kitchen furniture limits decline to 2% as export share holds steady at 33%.