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Metsa Board Says Demand Growth Has Been Somewhat Slower Than Expected



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Oct 24 (Reuters) -Metsa Board Oyj METSB.HE:

  • NEW DIVIDEND POLICY IS: METSÄ BOARD'S TARGET IS TO DISTRIBUTE A DIVIDEND OF AT LEAST HALF OF RESULT FOR FINANCIAL PERIOD OVER TIME

  • IN EUROPE, PULP MARKET SITUATION REMAINED STABLE

  • FOR REST OF YEAR, DEMAND FOR FRESH FIBRE PAPERBOARDS IS EXPECTED TO BE AFFECTED BY SEASONAL SLOWDOWN IN DECEMBER

  • IN CHINA, PULP DELIVERIES DECREASED SIGNIFICANTLY

  • DELIVERY VOLUMES OF METSÄ BOARD'S FRESH FIBRE PAPERBOARDS INCREASED SLIGHTLY FROM PREVIOUS QUARTER

  • COMPARABLE OPERATING RESULT IN OCTOBER-DECEMBER 2024 IS EXPECTED TO BE WEAKER THAN IN JULY-SEPTEMBER 2024

  • FOR REST OF YEAR, DEMAND FOR FRESH FIBRE PAPERBOARDS IS EXPECTED TO BE AFFECTED BY SEASONAL SLOWDOWN IN DECEMBER.

  • DEMAND GROWTH HAS BEEN SOMEWHAT SLOWER THAN EXPECTED

  • PAPERBOARD DELIVERY VOLUMES ARE EXPECTED TO DECREASE SLIGHTLY IN OCTOBER-DECEMBER COMPARED TO PREVIOUS QUARTER

  • SALES PRICES IN LOCAL CURRENCIES ARE EXPECTED TO REMAIN STABLE

  • TOTAL COSTS EXCLUDING PULP COSTS ARE ESTIMATED TO INCREASE

Source text for Eikon: ID:nWkrb25SP7

Further company coverage: METSB.HE


(Gdansk Newsroom)

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