Metsä Board Corporation

Profit guidance for the fourth quarter of 2015
Metsä Board’s operating result excluding non-recurring items in the fourth quarter of 2015 is expected to decline compared to the third quarter of 2015. The result is weakened primarily by the shutdown of the integrated mill related to Husum's investment programme.

 

CEO Mika Joukio: “The increased paperboard deliveries improved our profitability in the third quarter of 2015. Our result was burdened by a strike, which stopped our entire production in Finland for 24 hours. After the review period, we announced a price increase of folding boxboard in Europe, which will become effective in December.

 

Read more

Source: https://newsclient.omxgroup.com