Record containerboard deliveries conclude a transformative year for Norske Skog

Norske Skog has confirmed it delivered a profit before income taxes of NOK 354m and an EBITDA of NOK 769m for 2025. Total operating income increased from NOK 10.2 to 10.5 bn for 2025.

Norske Skog has strengthened market shares across key segments. At year-end, the group held a cash position of NOK 1.1 bn. The fourth quarter marked a period of operational progress and strategic execution. Norske Skog achieved record production and deliveries of recycled containerboard, both for the quarter and the full year, despite profitability being temporarily impacted by ramp-up costs, trial deliveries, and export volumes from Golbey PM1. The ramp-up continues to develop in line with expectations, with full utilisation targeted in the first half of 2027.

“We are concluding the year with strong operational momentum and a significantly improved liquidity position,” says Geir Drangsland, CEO, Norske Skog. “Record containerboard deliveries, increased market shares, and solid progress across several strategic projects demonstrate the resilience of our organisation and the long-term value of our transformation efforts.”

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