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July 30, 2015 1:25 AM ET

Paper and Forest Products

Company Overview of Metsä Group

Company Overview

Metsä Group, together with its subsidiaries, provides tissue and cooking papers, fresh forest fiber paperboards, pulp, wood products, and wood supply and forest services. It operates in five segments: Wood Supply and Forest Services, Wood Products Industry, Pulp Industry, Paperboard and Paper Industry, and Tissue and Cooking Papers. The company offers wood and forest energy services; wood products for construction, industry, and distributor partners; and bleached softwood and birch pulp under the Botnia brand for the production of tissue papers, magazine, and specialty papers and packaging boards. It also provides folding boxboards and forest fiber linerboards for the consumer and retail pac...

Revontulenpuisto 2

Espoo,  02100

Finland

10,391 Employees

Phone:

358 10 4601

Fax:

358 10 465 4400

Key Executives for Metsä Group

Deputy Chairman, Chief Executive Officer and President
Age: 59
Group Chief Financial Officer
Age: 49
Executive Vice President of Strategy and Acting Chief Executive Officer of Metsatissue
Age: 60
Chief Executive Officer of Metsä Fibre Oy
Age: 54
Executive Vice President of Metsä Wood
Age: 46
Compensation as of Fiscal Year 2015.

Metsä Group Key Developments

Metsaliitto Cooperative Inks EUR 75 Million Loan Agreement with the European Investment Bank

Metsaliitto Cooperative declared that it has entered into a EUR 75 million loan agreement with the European Investment Bank (EIB) to fund Metsa Fibre Corporation's Aanekoski bioproduct mill project. The 9-year loan liquidates with equal installments and will be submitted for backing by the EU budget guarantee under the European Fund for Strategic Investments (EFSI).

Metsä Group Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Metsä Group reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of EUR 1,255.1 million compared to EUR 1,254.3 million a year ago. Operating profit was EUR 117.8 million compared to EUR 69.7 million a year ago. Profit before income tax was EUR 106.1 million compared to EUR 37.2 million a year ago. Profit was EUR 88.6 million compared to EUR 31.8 million a year ago. Net cash flow arising from operating activities was EUR 35.4 million compared to net cash used in operating activities of EUR 82.2 million a year ago. Investments in tangible and intangible assets were of EUR 35.5 million compared to EUR 23.9 million a year ago.

Metsä Group Announces Executive Changes

Juha Laine has been appointed SVP, Communications of Metsä Group as of 4 May 2015. He reports to Metsä Group’s President and CEO Kari Jordan. Laine has since 2002 had several positions at Metsä Board and its predecessor company. Metsä Board is a part of Metsä Group. His latest position at Metsä Board was VP, Investor Relations and Communications which he held since 2008. Reeta Kaukiainen, Metsä Group’s former SVP, Communications since 2012, has decided to leave the company.

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