Brief: Metsä Board Q3 Operating Result Up Et EUR 153.4 Million

Metsa Board Oyj

27/10/2022 11:11

Oct 27 (Reuters) - Metsa Board Oyj  METSB.HE :
    * METSÄ BOARD'S COMPARABLE OPERATING RESULT IN 2022
JANUARY-SEPTEMBER WAS EUR 420 MILLION
    * Q3 SALES WERE EUR 647.3 MILLION (516.1)
    * Q3 COMPARABLE OPERATING RESULT WAS EUR 152.5 MILLION
(104.0), OR
23.6% (20.1) OF SALES
    * Q3 OPERATING RESULT WAS EUR 153.4 MILLION (99.4)
    * DEMAND FOR FRESH FIBRE PAPERBOARDS IS EXPECTED TO REMAIN
STABLE
IN COMPANY'S MAIN MARKET AREAS IN EUROPE AND NORTH AMERICA
    * NEGATIVE RESULT IMPACT OF MILLS' ANNUAL MAINTENANCE
SHUTDOWNS IN
OCTOBER-DECEMBER 2022 IS GREATER THAN IN JULY-SEPTEMBER 2022
    * OUTLOOK: COST INFLATION CONTINUES, ESPECIALLY IN CHEMICALS
AND
ENERGY. OTHER VARIABLE COSTS ARE EXPECTED TO REMAIN AT LEAST AT
SAME LEVEL AS IN Q3
    * COMPARABLE OPERATING RESULT IN OCTOBER-DECEMBER 2022 IS
EXPECTED
TO BE WEAKER THAN IN JULY-SEPTEMBER 2022
    * Q3 SALES EUR 647.3 MILLION VERSUS EUR 646.0 MILLION SEEN
IN
REFINITIV POLL OF ANALYSTS

Source text for Eikon:  ID:nWkr7yVrF7 
Further company coverage:  METSB.HE 
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