Here are Pauli’s quick comments on Norrhydro’s Q4 results. 
Norrhydro Group reported its Q4 earnings release today. The report was slightly stronger than our expectations regarding the earnings lines and cash flow, although revenue growth fell slightly short of our forecast. The company’s guidance and comments for 2026 were mainly in line with our expectations, which, together with the solid Q4 result, reduce the uncertainty related to predictability.