Metsä Board Oyj (HEL:METSB)
Finland flag Finland · Delayed Price · Currency is EUR
2.968
+0.056 (1.92%)
Nov 2, 2026, 6:29 PM EET

Metsä Board Oyj Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6311,7851,9441,9472,4862,089
Revenue Growth
-11.06%-8.18%-0.19%-21.66%19.01%10.34%
Gross Profit
364.7371.9474.9460.9731.5639.5
Operating Income
-30.9-77.74634.8282.5237.8
Net Income
-113.1-156.625.394.8409.9292.1
Earnings Per Share
-0.33-0.440.070.271.150.82
EPS Growth
---73.33%-76.83%40.39%71.72%

Revenue by Geography

Fiscal Year
FY 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 Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
295.8309.3182.6291.6356.2524.2
Total Debt
607.7564.5527.4438.1453447
Net Cash (Debt)
-311.9-255.2-344.8-146.5-96.877.2
Net Cash Growth
------
Net Cash Per Share
-0.92-0.72-0.97-0.41-0.270.22

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
116.2239.637.8342.8232329.6
Capital Expenditures
-85.1-136-164-218.4-274.2-213.7
Free Cash Flow
31.1103.6-126.2124.4-42.2115.9
Free Cash Flow Growth
49.52%-----24.50%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.37%20.84%24.43%23.67%29.43%30.62%
Operating Margin
-1.90%-4.35%2.37%1.79%11.37%11.39%
Pretax Margin
-8.18%-10.47%2.64%6.21%21.11%17.51%
Profit Margin
-6.94%-8.77%1.30%4.87%16.49%13.98%
FCF Margin
1.91%5.80%-6.49%6.39%-1.70%5.55%

Dividends

Fiscal Year
FY 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
1.60%3.45%6.52%4.72%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--61.2927.127.6910.57
Forward PE
20.6491.7710.5117.728.2311.30
P/FCF Ratio
34.7111.06-20.67-26.63
PS Ratio
0.660.640.801.321.271.48