Relief to Norske Skog’s earnings from insurance settlements in a difficult year

PM 1 in Golbey to start up in H2 2024, fate of PM 6 in Saugbrugs uncertain

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Norske Skog’s earnings for the 2023 business year reflect muted demand and receding prices for all paper grades. However, the burden on earnings was eased by insurance payouts in the fourth quarter for landslide damage at the Saugbrugs mill as well as proceeds from the sale of the Tasman mill in Australia.

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