Billerud today publishes its annual report for 2025 on the company's website.
In the annual report's CEO statement, Ivar Vatne, President and CEO, summarizes the past year.
"2025 was the first year of our Way Forward strategy, in which we aim to evolve our portfolio towards packaging materials in North America while strengthening performance from the existing asset base in Europe. And we have made solid progress across several fronts. In the autumn, we implemented extensive but necessary measures to reduce costs and strengthen our competitiveness.
"Despite market and currency headwinds, we recorded an EBITDA of SEK 4.1 billion. While our earnings in Region Europe weakened, Region North America recorded an outstanding year with an EBITDA margin of 20%. Our disciplined management of working capital provided a strong cash conversion and an increased operating cash flow compared with 2024," writes Ivar Vatne.
Sustainability is integrated in Billerud's strategy and operations. Since 2022, Billerud's scope 1 and 2 greenhouse gas emissions have decreased by 30%. Scope 3 emissions have decreased by 15% during the same period. The strong climate and environmental performance is confirmed by CDP, which in its latest assessment graded Billerud A- for Climate, A- for Forest and B for Water.
Safety remains Billerud's top priority. The lost time injury frequency rate decreased in 2025, in line with the annual target. Work continues with strong commitment towards the vision of zero injuries.
The annual report for 2025 is, just like last year, prepared in accordance with the Corporate Sustainability Reporting Directive (CSRD).
For further information, please contact:
Lena Schattauer, Director Investor Relations, +46 8 553 335 10, ir@billerud.com
Sofia Hedevåg, EVP Sustainability & Public Affairs, +46 101498284, sustainability@billerud.com
This information is information that BillerudKorsnäs AB is obliged to make public pursuant to the Securities Market Act. The information was submitted for publication, through the agency of the contact persons above, at 9:00 CEST on 1 April 2026.