Strong Start to Fiscal Year 2025
The quarter's performance was ahead of expectations, with strong numbers and good segmental achievements, especially in the Pulp segment.
Reduction in Debt Leverage Ratio
The debt-leverage ratio decreased to 1.9, indicating improved financial health despite higher capital expenditures.
Effective Cost Management
Achieved cost savings in variable and fixed costs, contributing to favorable financial outcomes.
Successful Debt Extension
Extended the securitization program to 2028, securing low-cost funding and optimizing debt maturity profile.
Progress in Major Capital Projects
The Somerset project is on track for completion in April, and the Gratkorn project is ramping up successfully.