Nordic Paper released its Q3 2024 interim report, highlighting stable performance with a 2% increase in net sales reaching SEK 1,100 million, a new record for a third quarter.12 Excluding negative currency effects, net sales actually increased by 4%.2

Key Highlights:

● Demand for Nordic Paper’s specialty paper products stayed strong across all product areas.2

● Sales volume remained consistent with the same quarter last year.2

● The company implemented successful sales price increases, leading to higher average prices compared to the previous year.2

● EBITDA reached SEK 106 million, in line with Q3 2023, with a 9.6% margin.3

● The company boasts a robust balance sheet with a low net debt/EBITDA ratio of 1.4.3

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