Billerud has confirmed the release of its annual report. The report describes Billerud’s strategy, business and the progress made during 2025.
“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,” said Ivar Vatne, CEO. “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 bn. 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.
“At Billerud, we strive to embed sustainability in everything we do. The sustainability statement of the annual report presents both our progress and our challenges, providing insights for customers, partners and stakeholders. Safety continues to be Billerud’s top priority and we have a strong commitment towards the vision of zero injuries.”
