First quarter 2026
· Revenue decreased by 4% to EUR 677.3 million (708.8) mainly as a result of a soft market and currency impacts. Revenue in local currencies, excluding acquisitions and divestments, decreased by 3%.
· Revenue in the Packaging & Hygiene Solutions and Fiber Essentials business units decreased, and revenue in the Water Solutions business unit remained close to the previous year’s level.
· Sales prices decreased compared to the same period last year, while sales volumes remained stable. Sales volumes grew and sales prices rose compared to the previous quarter.
· Operational EBITDA decreased by 13% to EUR 117.3 million (135.5). The operational EBITDA margin was 17.3% (19.1%). The decrease was mainly due to pricing.
· The operational EBITDA margin for the Water Solutions business unit decreased to 18.4% (21.4%), Packaging & Hygiene Solutions decreased to 10.1% (12.0%), and Fiber Essentials improved to 26.7% (26.3%).
· EBITDA was EUR 117.7 million (134.6). The EBITDA margin was 17.4% (19.0%).
· Operational EBIT decreased by 24% to EUR 65.4 million (85.6). The operational EBIT margin was 9.7% (12.1%).
· EBIT decreased by 22% to EUR 65.7 million (84.7).
· Cash flow from operations was EUR 91.7 million (55.0).
· Earnings per share, diluted, was EUR 0.29 (0.38).
Source: Kauppalehti