Peers' Strength Helps Lift Metsä Board Shares

Metsa Board Oyj

23/10/2025 12:17

Corrects analyst's company to Danske Bank

** Shares of Finnish paper and packaging company Metsa Board METSB.HE rise nearly 7% despite delivering a mixed set of Q3 results

** Danske Bank analyst Antti Jukka Koskivuori says the share is moving due to better-than-expected quarterly reports from Nordic peers Stora Enso STERV.HE and Billerud BILL.ST published earlier on Thursday

** Metsa Board reported Q3 revenue of EUR 441.2 million  ($514.53 million) below Vara Research consensus, while Q3 EBIT loss of EUR 44.8 million was smaller-than-feared

** The company
discontinued
 issuing result guidance for the time being, citing volatile market environment

** The stock is on track for a best day since August, but has fallen 33% year-to-date

** Thursday's gains added 65.8 million euros to company's market cap

($1 = 0.8575 euros)

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))