Billerud Q1 Sales Down 11% YoY

Billerud reported Q1 sales of SEK 9.83 bn, an 11% YoY decline despite 9% volume growth.
Adjusted EBITDA fell to SEK 525 m, margin slipping to 5% from 13% in the prior-year quarter.
Europe saw price pressure, overcapacity, higher maintenance and loss of emission rights, while North America remained profitable despite weather disruptions.
Cost‑saving program added SEK 100 m in Q1; Billerud targets SEK 150 m savings in Q2 and SEK 550 m for 2026, planning price hikes.