Metsä Board Oyj (HEL:METSB)
Finland flag Finland · Delayed Price · Currency is EUR
3.462
-0.138 (-3.83%)
Aug 13, 2026, 6:29 PM EET

Metsä Board Oyj Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6701,7851,9441,9472,4862,089
Revenue Growth
-11.71%-8.18%-0.19%-21.66%19.01%10.34%
Gross Profit
344.8371.9474.9460.9731.5639.5
Operating Income
-71.7-77.74634.8282.5237.8
Net Income
-148.8-156.625.394.8409.9292.1
Earnings Per Share
-0.43-0.440.070.271.150.82
EPS Growth
---73.33%-76.83%40.39%71.72%

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Germany
147.6136.4148.9209.8161.4
Italy
124.5125.3136174.6134.6
Sweden
76.4124.982.3108.6100.5
Finland
134.394.989.899.5132.6
Spain
89.294.888.811279.6
France
77.675.989.9104.477.5
Poland
104107.3120.1121.491.7
The Netherlands
59.352.146.830.528.7
Belgium
13.620.818.232.123
Other EU
130.5167.7178.1--
Turkey
7690.756.2137.590.3
United Kingdom
92.396.2106.1117.3102.9
Norway
0.20.56.98.13.3
Other Europe and Middle East
28.735.533.241.941.2
United States
356.3432.2432.8514.5401.4
Canada
38.645.656.429.625.2
Asia
74.897.1114.2176.1173.7
Other Countries
151.7140.6137.3227.3159
Total
1,7761,9391,9422,4802,084

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
296.5309.3182.6291.6356.2524.2
Total Debt
637.7564.5527.4438.1453447
Net Cash (Debt)
-341.2-255.2-344.8-146.5-96.877.2
Net Cash Growth
------
Net Cash Per Share
-0.98-0.72-0.97-0.41-0.270.22

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
215.9239.637.8342.8232329.6
Capital Expenditures
-116-136-164-218.4-274.2-213.7
Free Cash Flow
99.9103.6-126.2124.4-42.2115.9
Free Cash Flow Growth
------24.50%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
20.65%20.84%24.43%23.67%29.43%30.62%
Operating Margin
-4.29%-4.35%2.37%1.79%11.37%11.39%
Pretax Margin
-10.64%-10.47%2.64%6.21%21.11%17.51%
Profit Margin
-8.91%-8.77%1.30%4.87%16.49%13.98%
FCF Margin
5.98%5.80%-6.49%6.39%-1.70%5.55%

Dividends

Fiscal YearFY 2024FY 2023FY 2022FY 2021
Period EndingDec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.0700.2500.5800.410
Dividend Per Share Growth
-72.00%-56.90%41.46%57.69%
Dividend Yield
1.68%3.66%7.53%5.67%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--61.2927.127.6910.57
Forward PE
44.0591.7710.5117.728.2311.30
P/FCF Ratio
12.6511.06-20.67-26.63
PS Ratio
0.760.640.801.321.271.48