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    METSB   FI0009000665

METSÄ BOARD OYJ

(METSB)
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Metsä Board Oyj : Metsä Board minimises environmental impact of packaging with Dassault Systèmes' simulation platform

11/24/2021 | 03:00am EST

Metsä Board Corporation press release 24.11.2021

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has successfully started to deploy Dassault Systèmes' 3DEXPERIENCE platform in development and testing of packaging solutions at its Excellence Centre. With packaging simulation Metsä Board can notably speed up packaging development and reduce carbon footprint of packaging.

Simulation enables 85% faster development compared to the traditional way of making multiple tests with physical prototypes. Simulation technologies help manage the development of the entire product life cycle, from material selection to delivery. The new technology helps Metsä Board recommend optimal packaging materials as well as packaging structures to its customers.

"We wanted to accelerate our rate of innovation to help our customers - packaging manufacturers as well as brand owners - with optimal packaging solutions and reduce their carbon footprint. For example, box compression as well as drop tests can now be made in hours compared to several days or even weeks with traditional physical testing methods," says Markku Leskelä, SVP Development, Metsä Board.

The state-of-the-art solution of Dassault Systèmes and their expertise from past engagements in the aerospace and automotive industry has helped deploy new technologies to the manufacturing of fibre-based packaging.

Link to photo

For further information, please contact:

Marjo Halonen, VP Communications, Metsä Board
Mobile: +358 (0)50 598 7046
Email: marjo.halonen@metsagroup.com

Metsä Board
www.metsaboard.com

Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable resource, traceable to origin in sustainably managed northern forests. We are a forerunner in sustainability, and we aim for completely fossil free mills and raw materials by 2030.

Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2020, our sales totalled EUR 1.9 billion, and we have about 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

Follow Metsä Board: TwitterLinkedInYouTubeInstagram

Metsä Group
www.metsagroup.com

Metsä Group leads the way in the bioeconomy. We invest in growth, developing bioproducts and a fossil free future. The raw material for our products is renewable wood from sustainably managed northern forests. We focus on the growth sectors of the forest industry: wood supply and forest services, wood products, pulp, fresh fibre paperboards, and tissue and greaseproof papers.

Metsä Group's annual sales is approximately EUR 5.5 billion, and we have around 9,200 employees in 30 countries. Our international Group has its roots in the Finnish forest: our parent company is Metsäliitto Cooperative owned by 100,000 forest owners.

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Disclaimer

Metsä Board Oyj published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 07:59:07 UTC.


© Publicnow 2021
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Financials
Sales 2021 2 087 M 2 342 M 2 342 M
Net income 2021 304 M 341 M 341 M
Net cash 2021 28,5 M 32,0 M 32,0 M
P/E ratio 2021 11,2x
Yield 2021 4,27%
Capitalization 3 379 M 3 813 M 3 792 M
EV / Sales 2021 1,61x
EV / Sales 2022 1,57x
Nbr of Employees 2 389
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Technical analysis trends METSÄ BOARD OYJ
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 6
Last Close Price 9,49 €
Average target price 10,47 €
Spread / Average Target 10,3%
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Managers and Directors
Mika Henrikki Joukio Senior VP-Corporate Logistics & Supply Chain
Henri Tapani Sederholm Chief Financial Officer
Ilkka Tappio Hämälä Chairman
Kirsi Terhikki Komi Independent Director
Veli Rolf Sundbäck Independent Director
Sector and Competitors
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METSÄ BOARD OYJ9.35%3 779
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SCG PACKAGING PUBLIC COMPANY LIMITED-9.75%8 064