Norske Skog Q3 EBITDA rises sharply on property gain

Norske Skog ASA

22/10/2026 06:24

Overview
Norway packaging and publication paper producer's Q3 EBITDA rose sharply, supported by property sale gain
Publication paper segment benefited from higher prices and deliveries, packaging paper volumes fell
Liquidity strengthened by NOK 770 mln proceeds received after the quarter

Outlook
Company expects price increases to deliver full effect in coming quarters
Norske Skog sees uncertain market conditions continuing to impact operations
Company may implement energy cost surcharges or market-related downtime to address cost pressures

Result Drivers
PROPERTY SALE - Gain of NOK 338 mln from sale to Norwegian Nuclear Decommissioning boosted Q3 results
HIGHER PRICES AND DELIVERIES - Publication paper segment benefited from increased prices and deliveries, partly offset by higher material and energy costs
PRODUCTION CHALLENGES - Packaging paper volumes were reduced by production issues at Golbey PM1, including drought and maintenance problems

Company press release: ID:nObiVzZ50a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EBITDA
Beat
NOK 448 mln
NOK 427.50 mln (2 Analysts)

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the paper products peer group is "buy"
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Oct 21 - Norway's Var Energi operating cash flow hits $1.5 bln in Q3 
Oct 21 - Norway's DNB Q3 profit falls 7.9%
Oct 19 - Norway may see 17 TWh power deficit from 2035, grid operator report warns

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)