Feb 12, 2020 / 01:00PM GMT
Mika Joukio - MetsäBoard Oyj-CEO
Good afternoon, everyone, and welcome to this conference call and webcast presentation of Metsä Board's Q4 and full year results of 2019. My name is Mika Joukio, and I'm the CEO of Metsä Board. And together here with me, I have our CFO, Jussi Noponen; and Head of Investor Relations, Katri Sundström.
So let's start with the main events in the fourth quarter. Our operating cash flow was strong, roughly EUR 90 million, supported by lower level of working capital. As always, seasonality had a small negative impact on the paperboard delivery volumes. In Europe, market pulp prices were some 10% lower compared to the previous quarter. However, the pulp demand, especially in China, was strong, which was reflected in higher delivery volumes. The price level in China remained stable. Our profitability was supported by less maintenance and lower production costs comparing to Q3. According to our announcement on 30th of October, we started our first investments to the renewal of the Husum pulp mill. Let's have a closer look at that project
Q4 2019 Metsa Board Oyj Earnings Call Transcript
Feb 12, 2020
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers