Brief: Rottneros Q1 EBIT Turns To Loss At SEK 62 Mln
15/05/2025 06:36
May 15 (Reuters) - Rottneros AB RROS.ST: Q1 NET INCOME SEK -56 MILLION Q1 EPS SEK -0.37 Q1 WAS MARKED BY WEAK RESULTS DUE TO CONTINUED RISING PRICES FOR PULP WOOD, CHALLENGING MARKET TREND FOR CTMP PULP AND WEAKER USD EXPECT TO REDUCE GROUP'S COST BASE BY 35-40 MSEK ON AN ANNUAL BASIS, WITH FULL EFFECT DURING SECOND HALF OF 2025. PROFITABILITY IS PRIMARILY BEING SQUEEZED IN CTMP PULP DUE TO TOUGH MARKET SITUATION Q1 EBIT -62 (5) MSEK Source text: ID:nWkr5FnrhW Further company coverage: RROS.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))