Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Norske Skog ASA ( (DE:0BQ) ) has issued an announcement.
Norske Skog reported a significant drop in EBITDA for the second quarter of 2025, primarily due to a previous insurance settlement. Despite challenges in the pulp and paper markets, the company is expanding its market share in publication and packaging segments, highlighted by the successful start-up of containerboard production at its Golbey mill in France. The commissioning of PM1 at Golbey is a strategic milestone, expected to reach full capacity by 2027, strengthening Norske Skog’s position in the containerboard market. The company is also undertaking strategic transformations, including converting a machine at Skogn from newsprint to book paper. Financially, Norske Skog maintains a strong capital position, with strategic evaluations ongoing at Saugbrugs and appeals against EU ETS exclusions. The company is focused on reducing production costs to sustain its competitive edge amid market uncertainties.
More about Norske Skog ASA
Norske Skog is a producer of packaging and publication paper, operating four mills across Europe. The company specializes in testliner, fluting, newsprint, and magazine paper, with an annual production capacity of 0.8 million tonnes for packaging paper and 1.3 million tonnes for publication paper. Headquartered in Oslo, Norway, Norske Skog ASA is listed on the Oslo Stock Exchange.
Average Trading Volume: 182,516
Current Market Cap: NOK1.86B
For an in-depth examination of 0BQ stock, go to TipRanks’ Overview page.