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  • Billerud's Press Office
    +46 920 24 04 91
  • Robert Pletzin

    Head of Media Relations


    +46791424231
  • Pia Rosin

    Sr Director Global Communication


    +46 73 441 79 02

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    Interim report January–March 2026

    Sequential volume uplift with challenged profitabilityKey highlights •    Sequential sales volume growth of 9% •    EBITDA margin declined to 5%, mainly due to weak profitability in Region Europe •    Another strong quarter for Region North America, despite difficult weather conditions •    Cash conversion of 55% •    Accelerated cost-saving program delivery, positive Q1 impact of SEK 100 million   Quarterly data •    Net sales decreased by 11% to SEK 9,825 million (11,101) •    Adjusted EBITDA* SEK 525 million (1,388) •    Adjusted EBITDA margin* 5% (13) •

    Interim report January–September 2025

    Continued strong performance in the US while addressing weak market in Europe Key highlights •    Currency-neutral net sales growth in North America •    Lower sales volumes in Europe •    Sequentially improved adjusted EBITDA margin to 11% •    Excellent cash conversion of 139%  •    Launched cost saving program targeting SEK 800 million (annualized)   Quarterly data •    Net sales decreased by 8% to SEK 9,905 million (10,798) •    Adjusted EBITDA* SEK 1,058 million (1,555) •    Adjusted EBITDA margin* 11% (14) •    Operating profit SEK 9 million (851)

    Interim report January–June 2025

    Continued outstanding performance in the US while navigating weakening market in Europe Key highlights •    Flat currency-neutral net sales development •    EBITDA margin of 22% in North America, highest since Q4 2022 •    Challenging earnings in Europe due to weakening demand •    Excellent cash conversion •    Evolution program in North America exceeding expectations   Quarterly data •    Net sales decreased by 5% to SEK 10,244 million (10,764) •    Adjusted EBITDA* SEK 912 million (1,003) •    Adjusted EBITDA margin* 9% (9) •    Operating profit SEK

    Interim report January–March 2025

    Encouraging start of the year with stronger profitability and cash generation Key highlights •    Excellent earnings and higher volumes in Region North America •    Strengthened profitability in Region Europe •    Improved cash flow •    First sale of US-produced containerboard Quarterly data •    Net sales increased by 7% to SEK 11,101 million (10,423) •    Adjusted EBITDA* SEK 1,388 million (1,166) •    Adjusted EBITDA margin* 13% (11) •    Operating profit SEK 638 million (448) •    Net profit SEK 415 million (313) •    Earnings per share SEK 1.67 (1.

    Year-end report January–December 2024

    Robust fourth quarter concluded a year of improved results and launch of new strategy Key highlights •    Net sales growth of 20%, supported by both regions •    Continued excellent profit delivery in North America •    Improved profitability in Europe •    Cash conversion of 95% and further strengthened financial position •    The Board of Directors proposes a dividend of SEK 3.50 per share (2.00) Quarterly data •    Net sales increased by 20% to SEK 11,468 million (9,566) •    Adjusted EBITDA* SEK 1,443 million (774) •    Adjusted EBITDA margin 13% (8) •

    Year-end report January–December 2023

    Strong cash flow and efficiency gains ends a 2023 heavily impacted by market headwind  Key highlights · Weak volumes in North America and negative price and mix impact in both regions  · Sequentially lower input costs, mainly related to pulpwood in Europe  · Another strong delivery of our efficiency enhancement program · Excellent cash delivery through working capital focus · Negative profit impact from revaluation of biological assets in the associated company BSÖ · The Board of Directors proposes a dividend of SEK 2.00 per share (7.50) Quarterly data Q4 ·

    Billerud's board announces that CEO Christoph Michalski is leaving

    Billerud's board announces that the company's President and CEO Christoph Michalski is leaving the CEO role at Billerud, with immediate effect. Michalski has held the position of CEO since November 2020.The board of Billerud has appointed the current CFO and deputy CEO, Ivar Vatne, as acting CEO. Ivar Vatne joined the company as CFO in May 2019 and has also been deputy CEO since October 2022. Before Billerud, Ivar has a background from senior positions within Arla, Fiskars and P&G. “The board is confident that Ivar Vatne can quickly step into the role of acting CEO and that he can lead

    Interim report January–June 2023

    Navigating challenging market conditions  Key highlights Q2 · Low volumes due to continued customer inventory destocking and soft end market demand · Stable sales prices in North America, price deterioration in Europe in some categories from record 2022 levels · Lower input costs did not offset price deterioration · Escanaba mill resumed operations on May 8th after three weeks idling for deep cleaning due to blastomycosis outbreak · Revaluation of inventory impacted EBITDA · Positive cash flow for the quarter with tight control on inventories · Raised ambition of

    Interim report January–March 2023

    Challenging quarter with soft demand and all-time high input costs Key highlights Q1 ·Organic* and currency-neutral sales growth of 6% ·Market-related downtime in several mills due to customers’ destocking and expectations of weaker market conditions ·Prices increased for liquid board and speciality paper, were stable for graphic paper and cartonboard, and decreased for other product categories  ·All-time high input costs Quarterly data Q1 ·Net sales increased by 55% to SEK 11,495 million (7,397), whereof Billerud North America accounted for SEK 3,

    Billerud Appoints New President for North America

    Billerud announces the appointment of Deputy President and General Counsel for Billerud North America, Kevin Kuznicki, as the new President for Billerud North America. Kevin has been with Billerud since 2021 and is already a member of the company's group management team."I am confident that Kevin Kuznicki, with his experience from a variety of positions and industries, is the right person to lead Billerud's journey in the US going forward," says Christoph Michalski, President and CEO at Billerud. “I feel very fortunate to have the opportunity to serve as President for Billerud North

    Robert Kreizenbeck leaves Billerud

    Billerud's North America President, Robert Kreizenbeck, is leaving the company. “I would like to express a big thank you to Robert for his contributions during Billerud's startup phase in North America. He has been a key person in the integration work. I wish him all the best for the future”, says Christoph Michalski, Billerud’s President and Chief Executive Officer. Robert Kreizenbeck will be leaving Billerud later in March. A successor for the role will be announced in due course.   For further information, please contact:Louise Wileen Bjarke, Head of Press, +4672-210 35 14,

    Michigan governor signs legislation granting Billerud investment support for Escanaba Mill transformation

    As previously announced, Michigan State legislatures have approved legislation to grant Billerud investment support of up to USD 200 million in funding to support Billerud’s investment plans. Today, Michigan Governor Gretchen Whitmer signed the legislation, approving the Michigan Economic Development Corporation’s (MEDC) appropriation of the funds. The transformation of the Escanaba Mill is planned to be the cornerstone of Billerud’s expansion into North America, one of the largest and growing markets in primary fiber premium cartonboard. The project is expected to support hundreds of

    Year-end report January–December 2022

    Solid result with sizable contribution from North America ends an outstanding 2022Key highlights Q4 · Organic* and currency neutral sales growth of 14%Adjusted EBITDA margin of 17% despite soaring cost inflation · Solid operating cash flow and strong balance sheet · Shift towards softer demand and declining sentiment · The Board of Directors proposes an ordinary dividend of SEK 5.50 per share (4.30) and an extraordinary dividend of SEK 2.00 per share (–)  Quarterly data Q4 · Net sales increased by 79% to SEK 11,971 million (6,688), whereof Billerud North America

    Billerud keeps leading position in sustainability index

    For 2022, Billerud received even more points than last year and thus retains its position as one of the world’s most sustainable companies in its industry sector. This year’s results from the globally recognized Dow Jones Sustainability Indices show that Billerud continues to be one of the leading companies in the Containers & Packaging category.   The Dow Jones Sustainability Indices is based on the S&P Global Corporate Sustainability Assessment (CSA), which is a comprehensive annual evaluation of corporate sustainability efforts and performance. The Dow Jones Sustainability World

    Interim report January–September 2022

    Another quarter with excellent growth, profitability and cash flow delivery Key highlights Q3 · Strong organic* and currency neutral sales growth of 20% · Record underlying EBITDA performance · Price and mix management more than offset cost inflation · Excellent cash delivery and all-time low leverage Quarterly data Q3 · Net sales increased by 82% to SEK 11,814 million (6,494), whereof Billerud North America accounted for SEK 3,718 million · Adjusted EBITDA** increased to SEK 2,196 million (1,117), whereof Billerud North America accounted for SEK 515 million ·

    Billerud’s Sustainability Journey Goes West

    Earlier this year, BillerudKorsnäs combined with Verso Corporation to create Billerud, a world leading paper and packaging materials company based in Sweden with roots in the forest and paper industry that go beyond 150 years.“One year ago, we developed a strategic plan with a clear goal of achieving profitable and sustainable growth long term by expanding our cartonboard business in North America,” says Billerud President and CEO Christoph Michalski. “We were pleased to find Verso, a leading paper manufacturer in the US, with assets that can be turned into paperboard”. “By converting

    BillerudKorsnäs becomes Billerud

    As of today, BillerudKorsnäs is simplifying its name to Billerud to cater to its international customers. As a leading supplier of virgin fiber-based paper and packaging materials, the name change is fully in line with the company’s strategy to expand into North America and continue driving sustainable growth in global markets.  It is simply easier to say Billerud.” We are now ready to meet the challenges of the future as one company: Billerud. One year ago, a clear strategic plan was drawn up with the aim of achieving profitable and sustainable sales growth until the year 2030 and to grow

    BillerudKorsnäs and Tetra Pak together towards 100 % recyclable packaging

    Through close and enduring collaboration BillerudKorsnäs and Tetra Pak aim to push the figure of renewable material from wood fibre in carton packages towards 100%. Already today the figure is about 70%. New innovations to further increase the sustainability of packages are since long top of the agenda for both companies.“Our mission is to challenge conventional packaging for a sustainable future. 70 % renewable is a good start, and the only way that we can solve the major sustainability challenges we face is to do it together”, says Malin Ljung Eiborn, Director Sustainability and Public

    BillerudKorsnäs introduces a new life cycle assessment tool for packaging

    Many brands and retailers could reduce the climate impact of their packaging up to 50 percent and avoid thousands of tonnes of carbon dioxide being emitted to air. The results is based on a large number of life cycle assessments performed by BillerudKorsnäs in a new tool that evaluates the environmental impact of different packaging solutions. The digital tool has received a warm welcome by customers and brand owners in their pursuit of reducing carbon emissions.Global demand for packaging is rising with sustainability as a strong driver, which means future packaging will need to be

    Press invitation

    Inauguration of the world’s most modern board machineThe investment made by BillerudKorsnäs in the new KM7 machine at the Gruvön mill is the company’s biggest investment to date and one of the largest industrial investments in Sweden in recent years. It aims to meet the globally growing demand for sustainable packaging solutions. On 3 October, the media is invited to a press conference and a guided tour of KM7. Programme 9 am Press conference with Petra Einarsson, President and CEO, and Maria Engnes, Project Manager for KM7, at Karlstad CCC Karlstad CCC, Tage

    Interim Report January – June 2019

    Solid underlying resultKEY HIGHLIGHTS · Strong sales performance · Continued high fibre costs · Ramp-up of KM7 proceeding according to plan · Divestment of a majority share of Bergvik Skog Öst, to be completed in the third quarter QUARTERLY DATA · Net sales were up by 7% to SEK 6 293 million (5 898) as a result of positive currency effects, higher sales volumes and increased sales prices. · Adjusted EBITDA* was SEK 539 million (671), impacted by higher costs for raw materials and start-up effects for KM7. · Operating profit was SEK 194 million (-174). · Net

    Interim report January–March 2018

    Quarterly data  · Net sales were SEK 5 897 million (5 636), an increase of 5% mainly as a result of increased selling prices.  · EBITDA was SEK 1 065 million (923), an increase of 15% mainly as a result of increased selling prices, which were partly offset by higher wood prices.  · Adjusted EBITDA was SEK 1 102 million (938), an increase of 17%.  · The adjusted operating margin was 12% (10%).  · Adjusted operating profit was SEK 729 million (572), an increase of 27%.  · Earnings per share amounted to SEK 2.40 (1.94). Key highlights  · Stable production ·

    Annual General Meeting 2018 in BillerudKorsnäs AB (publ)

    The shareholders of BillerudKorsnäs AB (publ) are hereby invited to attend the annual general meeting, to be held on Tuesday 15 May 2018 at 3.00 p.m. at Hotel Rival, Mariatorget 3, in Stockholm, Sweden.The premises for the meeting will be open for registration at 2.00 p.m. Coffee will be served prior to the commencement of the meeting. Notice of attendance at the meeting shall be given no later than Tuesday 8 May 2018, see next page in this document for further information on how you notify your intention to attend. The agenda items in briefThe board's proposed agenda for the annual

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