Near-term outlook

               
 
 

Estimated in January-June 2018 Half-Year Report

Growth in the demand for high-quality consumer packaging paperboard made from fresh fibre is expected to continue in market areas important for Metsä Board. The market prices of folding boxboard and white kraftliner in local currencies are expected to remain stable.

Metsä Board's paperboard deliveries in July–September are expected to remain roughly at the same level as in the second quarter.

Metsä Board aims to further improve the average price of Husum's folding boxboard by optimising the sales mix.

The annual maintenance shutdown at the Kemi integrated mill is set to take place in the third quarter, as is part of the annual maintenance shutdown at the Husum integrated mill.

The weakening of the US dollar against the euro, including the impact of hedges, will have a negative effect on the operating result in the third quarter. This negative effect will be partly offset by the weakening of the Swedish krona. Including the impact of hedges, the third quarter will be the weakest quarter of 2018 in terms of foreign currency effects.

Wood costs in the third quarter are expected to remain roughly at the same level as in the second quarter. The overall production costs in 2018 are expected to rise from the previous year.

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