Metsä Group’s comparable operating result in July–September 2022 better than expected

Metsä Group Stock Exchange Release 10 October 2022 at 3.30 pm EET

Metsä Group guided in its half-year financial report 2022, published on 28 July 2022, that its comparable operating result is in July–September 2022 expected to be roughly at the same level as in April–June 2022. The comparable operating result in April-June 2022 was approximately EUR 330 million. 

Mainly due to better than forecast profitability development of Metsä Fibre, Metsä Group’s comparable operating result in July–September 2022 was better than in April-June 2022 and amounted to approximately EUR 391 million.

METSÄ GROUP

For further information, please contact:
Vesa-Pekka Takala, EVP, CFO Metsä Group, tel. +358 10 465 4260
Juha Laine, SVP, Communications, Metsä Group, tel. +358 10 465 4541

Metsä Group
www.metsagroup.com

Metsä Group is leading the way in advancing the bioeconomy. We invest in growth, bioproduct development and a fossil free future. The raw material for our products is renewable wood from sustainably managed northern forests. We focus on the growth sectors of the forest industry: wood supply and forest services, wood products, pulp, fresh fibre paperboards, as well as tissue and greaseproof papers.  

Metsä Group’s annual sales amount to approximately EUR 6 billion, and we have around 9,500 employees in 30 countries. Our international Group has its roots in the Finnish forests: our parent company is Metsäliitto Cooperative which is owned by nearly 100,000 forest owners.  

Follow Metsä Group: Twitter   LinkedIn   Facebook   YouTube   Instagram   Slideshare