Metsä Board raises its result guidance for October–December 2017
Metsä Board Corporation Stock Exchange Release 13 December 2017 at 10.00 EET
Metsä Board is raising its result guidance for the fourth quarter of 2017, which was announced in Metsä Board’s interim report for January–September 2017.
The previous guidance was: Mainly due to the maintenance shutdown at the Husum integrated mill, Metsä Board’s comparable operating result in the fourth quarter of 2017 is expected to weaken slightly from the third quarter of 2017.
The new guidance is: Metsä Board’s comparable operating result in the fourth quarter of 2017 is expected to remain roughly at the same level as in the third quarter of 2017.
Metsä Board’s comparable operating result in the third quarter of 2017 was EUR 50.4 million.
The pulp market in the fourth quarter of 2017 has been stronger than expected, and the market price of long-fibre pulp, which impacts on Metsä Board’s result, has risen more strongly than expected. Metsä Board’s paperboard business has developed according to expectations.
METSÄ BOARD CORPORATION
Jussi Noponen, CFO, tel. +358 10 465 4913
Katri Sundström, Head of Investor Relations, tel. +358 400 976 333
Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests.The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2016, the company’s sales totalled EUR 1.7 billion, and it has approximately 2,500 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.
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