Rottneros Reports Q3 EBITDA Improvement Amidst Wood Price Volatility and Planned Vallvik Shutdown
Rottneros (RTTNY) reported a third-quarter EBITDA of SEK 26 million, marking an improvement over the previous year's performance. Despite this growth in earnings, management noted that declining wood prices remain a significant cost driver affecting overall margins. The company is preparing for a planned shutdown at its Vallvik facility, which is expected to have a negative financial impact between SEK 70 million and SEK 80 million during the fourth quarter. Looking ahead, Rottneros has set a long-term production target of 415,000 tonnes by 2030.
Tickers: $RTTNY
Topics: earnings EBITDA financial results wood prices