Rottneros AB (publ) (RROS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi and welcome to Rottneros second quarter report 2025. With us to present we have CEO Lennart Eberle and CFO Monica Passanen. If you have questions for the company you can write them in the form to your right and with that I give the word to you Lennart. Thank you very much Tim and hello everybody to our second quarter report and the first half of 2025. A bit later than usual, but still in summer, and summer certainly has come back to Sweden with sun and warm weather. But enough about the weather and more about Rottnerus and our results. We can see a sequentially better EBITDA for the second quarter compared to the first quarter, primarily driven by very good production, 90,000 tons, and high invoicing, especially from the Valvik Group. mill. Still this is not a result we are proud and happy for and the main headwinds are high raw material costs that have continued to rise but we have seen the first turnaround here already in April for sawmill chips and going forward the negotiations for the second half has also shown that we've reached a plateau and realized some first small reductions. So that is looking good going forward. Nevertheless, in order to put the company on a very stable financial position, we've successfully closed the rights issue in the middle of July. That was announced earlier in June. And we raised some 300 million, some more details on the updated balance sheet. As a consequence of that, Monica will come back to a little bit later. So with this being the highlights of the second quarter, let's look into the market for pulp, paper and board, which is still very uncertain, of course, due to the global insecurity and trade issues that we all are very much aware of. And that also a pulp is not immune against. If we look at the stock development, whic...