Borregaard ASA: EBITDA1 of NOK 522 million in the 2nd quarter

Borregaard’s operating revenues increased to NOK 2,045 million (NOK 1,949 million)² in the 2^nd quarter of 2025. EBITDA¹ reached NOK 522 million (NOK 510 million). The result in BioSolutions and BioMaterials increased while Fine Chemicals had a lower result.

Continued growth in sales to agriculture was the main reason for the improved result in BioSolutions. In BioMaterials, the result increased due to higher sales prices, improved product mix and increased sales volume, partly offset by higher wood costs. Lower sales prices for bioethanol were the main reason for the weaker result in Fine Chemicals. The net currency effects were positive in all areas.