Norske Skog has recorded a pre-tax revenue of Nkr236m ($25.2m) within the first quarter of 2026, down 46% from Nkr442m in Q1 2025.
EBITDA decreased by 26% to Nkr451m within the quarter from Nkr612m a 12 months earlier, whereas recycled containerboard shipments reached 106,000 tonnes.
Working revenue stood at Nkr2.8bn within the first quarter, in contrast with Nkr3.1bn within the earlier 12 months, a 7% lower.
Within the firm’s packaging paper phase, working income rose 89% to Nkr398m from Nkr210m a 12 months in the past.
Whole working revenue within the phase practically doubled to Nkr508m through the quarter from Nkr255m in Q1 2025.
The phase consists of Norske Skog’s operations within the packaging paper market, with mills in France and Austria. Annual manufacturing capability is roughly 0.8 million tonnes when full utilisation is reached.
Norske Skog CEO Geir Drangsland stated: “We achieved report containerboard deliveries and considerably improved profitability within the first quarter. Operational efficiency continues to enhance throughout our packaging paper enterprise, whereas publication paper profitability benefited from decrease uncooked materials prices and the recognised acquire associated to the Saugbrugs transaction.
“We’re additionally seeing clear results from our ongoing value and dealing capital initiatives. Money era was sturdy, working capital remained environment friendly, and important liquidity inflows after quarter-end additional strengthened our steadiness sheet.”
In Could 2025, the Norwegian pulp and paper firm began recycled containerboard manufacturing at its Golbey mill in France after an funding of roughly €400m.
The brand new containerboard machine will improve the corporate’s capability by 550,000 tonnes, elevating the group’s whole capability to 760,000 tonnes.
“Norske Skog pre-tax revenue plummets in Q1 2026” was initially created and printed by Packaging Gateway, a GlobalData owned model.
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