OM:BILLPackaging
Billerud (OM:BILL) Is Down 22.2% After Cutting Dividend And Exiting Norwegian Pulp Venture
Billerud has reported 2025 results showing sales of SEK 40,488 million and net income of SEK 711 million, alongside a proposed dividend cut to SEK 2.00 per share and a decision to exit its Norwegian BCTMP joint venture with Viken Skog, which will trigger an estimated non-cash charge of around SEK 50 million in early 2026.
Taken together, weaker earnings, a lower payout ratio and the withdrawal from a previously announced capacity project highlight how Billerud is reshaping its portfolio and...