Feb 06, 2025 / 01:00PM GMT
Mika Joukio - Metsa Board Oyj - Chief Executive Officer, Member of the Corporate Management Team
Good afternoon, everyone, and welcome to the presentation of Metsa Board's full year results for 2024. My name is Mika Joukio and I'm the CEO at Metsa Board. Here with me are our CFO, Henri Sederholm, and the Head of IR, Katri Sundström.
So let's go through the presentation first and then take the questions.
Let's start with the Q4 summary. This part seasonality demand for paperboard was even lower than expected. The delivery volumes mainly in FPP decreased from Q3 levels. The average sales prices of paperboard remained stable. Due to the low demand, we adjusted our production with temporary layoffs at mills. For the whole 2024, the most significant market related production curtailments and resulting layoffs took place in the last quarter.
In December, we also conducted new change negotiations for this year 2025. With this, we are preparing to continue production curtailments and possible layoffs also, this year, if paperboard demand does not improve. In market pub, a stable
Q4 2024 Metsa Board Oyj Earnings Call Transcript
Feb 06, 2025
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