Billerud AB (publ) (OTCPK:BLRDY) Q3 2025 Earnings Name October 23, 2025 2:30 AM EDT
Firm Individuals
Lena Schattauer – Head of Investor Relations & Director Investor Relations
Ivar Vatne – President & CEO
Andrei Kres – Chief Monetary Officer
Convention Name Individuals
Christian Kopfer – Handelsbanken Capital Markets AB, Analysis Division
Johannes Grunselius
Linus Larsson – SEB, Analysis Division
Cole Hathorn – Jefferies LLC, Analysis Division
Presentation
Operator
Good day, and thanks for standing by. Welcome to the Billerud Q3 Report 2025. [Operator Instructions] Please be suggested immediately’s convention is being recorded. I might now like handy the convention over to your first speaker immediately, Lena Schattauer, Head of IR. Please go forward.
Lena Schattauer
Head of Investor Relations & Director Investor Relations
Good morning, and welcome to Billerud’s Q3 2025 Earnings Name. As normal, our President and CEO, Ivar Vatne; and our CFO, Andrei Kres, provides you with an outline of the outcomes and the highlights within the third quarter. The presentation might be adopted by a Q&A session.
So with that, I hand over to Ivar to start.
Ivar Vatne
President & CEO
Thanks, Lena, and good morning, everybody, and thanks for listening on this early Thursday morning. But once more, it is a story of two tales for our quarterly report, summarized fairly properly within the heading right here on the slide.
It has been 1 / 4 that landed fairly near our expectations with one other robust quarter for our Area North America, whereas weak market circumstances are weighing down on Area Europe.
Let’s get into the small print. So subsequent slide, please. And if we begin from the highest, web gross sales is down 8% versus a 12 months in the past, the place half of that decline is foreign money associated and a lot of the remaining decline is because of decrease gross sales quantity in Europe.
Our
