Finnish packaging company Metsä Board has posted a comparable operating loss of €45.6m in the third quarter (Q3) of 2025, reversing its €41.9m profit of one year previously. Sales declined to €441.2m in the three months to September 2025, from €499m in Q3 2024. The company reported net cash flow from operations of €122m for Q3 2025, up from €4.6m in the same period of 2024. Working capital releases in the quarter totalled about €120m. Metsä Board is targeting a further €150m release in working capital b ...