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Metsä Group released its 2025 results in a context marked by challenges in the global pulp market, particularly in Europe and China. From January to December, sales totaled €5.833 billion, driven by higher volumes of pulp and sawn timber, while net operating cash flow reached €537 million.
Operating performance was impacted by lower selling prices and higher fixed costs, reflecting a more moderate demand environment for market pulp. Even so, the company maintained financial discipline, supported by inventory optimization measures, working capital management and adjustments implemented throughout the second half of the year.
In the fourth quarter of 2025, sales totaled €1.325 billion. During the period, pulp demand remained subdued, with average softwood pulp prices declining in Europe and China. Production at the Joutseno pulp mill was halted between June and December, influencing quarterly performance.
As part of its efficiency strategy, the company advanced cost reduction initiatives and operational reorganization, in addition to completing relevant industrial investments, such as the renovation of the Simpele paperboard mill in Finland and the start-up of production at the Mariestad tissue mill in Sweden.
According to President and CEO Jussi Vanhanen, “Metsä Group’s sales in 2025 increased by 1.5% compared with the previous year, due to higher pulp and sawn timber volumes.” The executive also highlighted that “the standout of 2025 was a very strong operating cash flow, exceeding half a billion euros.”
Looking ahead to 2026, the group remains focused on cost competitiveness and adapting to global market conditions, noting that pulp demand is expected to remain sensitive to geopolitical developments and cautious consumer behavior, although with prospects for greater stability in certain segments.
