Metsa Board Sees Q3 Comparable Operating Result To Improve From Q2
Aug 1 (Reuters) -Metsa Board Oyj METSB.HE:
NEAR TERM OUTLOOK: METSÄ BOARD'S COMPARABLE OPERATING RESULT IN JULY- SEPTEMBER 2024 IS EXPECTED TO IMPROVE FROM APRIL-JUNE 2024 (4-6/2024: EUR -0.8 MLN).
Q2 DEMAND AND PRICE SITUATION FOR METSÄ BOARD'S FRESH FIBRE PAPERBOARDS REMAINED STABLE COMPARED TO PREVIOUS QUARTER
Q2 DELIVERY VOLUMES INCREASED SLIGHTLY
Q2 SALES EUR 509.8 MLN VERSUS VARA CONSENSUS EUR 505.5 MLN
NEAR TERM OUTLOOK: DEMAND SITUATION FOR FRESH FIBRE PAPERBOARDS IS EXPECTED TO REMAIN STABLE IN Q3
NEAR TERM OUTLOOK: DELIVERY VOLUMES ARE EXPECTED TO INCREASE SLIGHTLY IN JULY-SEPTEMBER COMPARED TO PREVIOUS QUARTER (4-6/2024: 377,000 TONNES)
NEAR TERM OUTLOOK: TOTAL COSTS, EXCLUDING PULP COSTS, ARE EXPECTED TO REMAIN STABLE
NEAR TERM OUTLOOK: TOTAL DEMAND FOR SOFTWOOD MARKET PULP IS EXPECTED TO REMAIN STABLE IN EUROPE AND NORTH AMERICA.
NEAR TERM OUTLOOK: IN CHINA, DEMAND FOR MARKET PULP REMAINS WEAK
NEAR TERM OUTLOOK: DEMAND AND PRICE SITUATION FOR SAWN TIMBER IS EXPECTED TO REMAIN AT ITS CURRENT LEVEL
Q2 COMPARABLE OPERATING RESULT WAS EUR -0.8 MLN (27.3)
NEAR TERM OUTLOOK: MORE ANNUAL MAINTENANCE SHUTDOWNS WILL TAKE PLACE AT MILLS IN JULY-SEPTEMBER THAN IN PREVIOUS QUARTER
FIRST HALF OF YEAR WAS OVERSHADOWED BY SEVERAL SETBACKS UNRELATED TO METSÄ BOARD
Source text for Eikon: ID:nWkr7Jv64X
Further company coverage: METSB.HE
(Gdansk Newsroom)
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