On 30 July 2020 in connection to the announcement of Metsä Group’s January-June 2020 results it was estimated that the comparable operating result will weaken in the 3Q 2020 from the Euro 96 million in the 2Q.
Mainly due to better than expected profitability in paperboard and pulp businesses Metsä Group’s comparable operating result was in the 3Q 2020 better than in the 2Q 2020. Based on preliminary unaudited information the comparable operating result was approximately Euro 115 million in the 3Q 2020.
Metsä Group focuses on wood supply and forest services, wood products, pulp, fresh fibre paperboards and tissue and greaseproof papers.
Source: Lesprom Network