Metsä Board Oyj B (MSRB)

Metsä Board Oyj B is the Class B share of a leading European producer of premium lightweight fresh fibre paperboards. The company specializes in folding boxboards, food service boards, white kraftliners, and market pulp, primarily used in packaging for foodservice, consumer goods, cosmetics, pharmaceuticals, and retail industries. Its customers include boxboard printers, carton manufacturers, brand owners, packaging converters, and wholesalers. Metsä Board Oyj B operates seven production units in Finland—such as in Kyro, Simpele, Äänekoski, Kemi, Joutseno, and Kaskinen—and one in Sweden at Husum, sourcing renewable timber from fiber mills. As part of the Metsä Group, one of the world's largest forest industry groups, it emphasizes sustainability with 89% fossil-free energy in production and innovations like a competence center in Äänekoski for cardboard and packaging development. Headquartered in Espoo, Finland, and employing around 2,300 people, it generates the majority of its revenue in Europe while serving global markets including the UK, Norway, Canada, Asia, and Turkey. Formerly M-real Corporation since 2012, it plays a key role in the sustainable packaging sector of the consumer cyclical industry.