Oct 24, 2024 / 12:00PM GMT
Mika Joukio - Metsa Board Oyj - Chief Executive Officer, Member of the Corporate Management Team
Good afternoon, everyone, and welcome to the presentation of Metsä Board's results for January-September 2024. My name is Mika Joukio, and I'm the CEO at Metsä Board. Here with me is CFO, Henri Sederholm. So let's go through the presentation first and then take the questions.
Let's start with the Q3 summary. In the paperboard business, the third quarter remained pretty similar to the previous quarter. Our paperboard volumes increased slightly and prices remained flat. Paperboard production volumes increased by over 100,000 tonnes compared to Q3 last year and by almost 60,000 tonnes compared to the previous quarter.
Last year, volumes were curtailed by production adjustment measures and major investment shutdowns. And in Q2 this year, the production was impacted by political strikes in Finland and the gas explosion at Metsä Fibre's bioproduct mill in Kemi.
However, the past Q3 also included many planned maintenance shutdowns impacting not only volumes but also profitability.
Q3 2024 Metsa Board Oyj Earnings Call Transcript
Oct 24, 2024
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