A prerequisite for our transition to becoming carbon-free is that we are profitable and competitive here and now. Tomorrow's progress is made possible today.
We create competitive advantages through innovation
Geopolitical tensions and global turbulence have left clear marks on trade flows in 2025. Weakened market conditions, particularly in exchange rates and pellet premiums, have had a direct negative impact on our results. In an uncertain global environment, we have focused on strengthening our internal processes to improve stability in both production and delivery performance.
