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Market: NASDAQ OMX Helsinki Industry: Basic Resources

Metsä Board A 20/04/2018 Metsä Board B 20/04/2018
Previous Close 9.02 Previous Close 9.14
Change (%) -0.88 Change (%) -0.71
Volume (shares) 2,862 Volume (shares) 981,273
Number of Shares 35,688,682 Number of Shares 319,824,064
Market Cap (A + B shares), € billion 3.24

Key figures (KEY RATIOS) 2015 2016 2017
Sales, EUR million 2,007.5 1,720.3 1,848.6
Operating result, EUR million 199.0 132.3 207.1
   comparable, EUR million 179.9 137.5 193.5
Result before taxes, EUR million 167.1 101.6 170.8
   comparable, EUR million 150.2 106.8 157.2
Result for the period, EUR million 137.3 90.4 150.5
Earnings per share, EUR 0.39 0.25 0.42
   comparable, EUR 0.34 0.26 0.39
Return on equity, % 14.7 8.7 13.6
   comparable, % 12.9 9.0 12.4
Return on capital employed, % 12.5 7.8 11.9
   comparable, % 11.3 8.1 11.2
Equity ratio, % 46.5 48.2 53.0
Gearing ratio, % 64 65 31
Shareholders' equity per share, EUR 2.89 2.96 3.28
Interest-bearing net liabilities, EUR million 333.4 463.8 358.4
Gross investments, EUR million 177.8 162.4 65.4
Personnel at end of period 2,601 2,466 2,351




Major Shareholders (31/03/2018) Shares % of Total
Metsäliitto Cooperative 146,360,567 41.17
Varma Mutual Pension Insurance Company 17,245,029 4.85
Ilmarinen Mutual Pension Insurance Company 9,734,330 2.74
Etola Erkki Olavi 7,500,000 2.11
The State Pension Fund 4,150,000 1.17
Elo Mutual Pension Insurance Company 3,500,000 0.98
The Local Government Pensions Institution  2,641,000 0.74
Maa- ja Metsätaloustuottajain Keskusliitto MTK ry 1,980,480 0.56
Evli Finnish Small Cap Fund 1,902,054 0.54
Säästöpankki Korko Plus Mutual Fund 1,599,807 0.45
10 largest owners total 196,613,267 55.30
Number of shares total 355,512,746 100.00
Company description

Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests.The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2017, the company’s sales totalled EUR 1.8 billion, and it has approximately 2,350 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.


Company description

Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests.The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2017, the company’s sales totalled EUR 1.8 billion, and it has approximately 2,350 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.


Metsä Board A 20/04/2018
Previous Close 9
Change (%) -0.88
Volume (shares) 2,862
Number of Shares 35,688,682
Metsä Board B 20/04/2018
Previous Close 9
Change (%) -0.71
Volume (shares) 981,273
Number of Shares 319,824,064
Market Cap (A + B shares), € billion 3.24

Key figures (KEY RATIOS) 2015 2016 2017
Sales, EUR million 2,007.5 1,720.3 1,848.6
Operating result, EUR million 199.0 132.3 207.1
   comparable, EUR million 179.9 137.5 193.5
Result before taxes, EUR million 167.1 101.6 170.8
   comparable, EUR million 150.2 106.8 157.2
Result for the period, EUR million 137.3 90.4 150.5
Earnings per share, EUR 0.39 0.25 0.42
   comparable, EUR 0.34 0.26 0.39
Return on equity, % 14.7 8.7 13.6
   comparable, % 12.9 9.0 12.4
Return on capital employed, % 12.5 7.8 11.9
   comparable, % 11.3 8.1 11.2
Equity ratio, % 46.5 48.2 53.0
Gearing ratio, % 64 65 31
Shareholders' equity per share, EUR 2.89 2.96 3.28
Interest-bearing net liabilities, EUR million 333.4 463.8 358.4
Gross investments, EUR million 177.8 162.4 65.4
Personnel at end of period 2,601 2,466 2,351
Major Shareholders (31/03/2018) Shares % of Total
Metsäliitto Cooperative 146,360,567 41.17
Varma Mutual Pension Insurance Company 17,245,029 4.85
Ilmarinen Mutual Pension Insurance Company 9,734,330 2.74
Etola Erkki Olavi 7,500,000 2.11
The State Pension Fund 4,150,000 1.17
Elo Mutual Pension Insurance Company 3,500,000 0.98
The Local Government Pensions Institution  2,641,000 0.74
Maa- ja Metsätaloustuottajain Keskusliitto MTK ry 1,980,480 0.56
Evli Finnish Small Cap Fund 1,902,054 0.54
Säästöpankki Korko Plus Mutual Fund 1,599,807 0.45
10 largest owners total 196,613,267 55.30
Number of shares total 355,512,746 100.00