)

Altri (ALTR) investor relations material
Altri Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 saw a slowdown in pulp demand after a strong start, mainly due to US tariff announcements impacting Asia and the global textile chain.
Total revenues in Q2 2025 were €169.3M, down 29.4% year-over-year and 16.8% sequentially, mainly due to lower pulp prices and sales volumes amid unfavorable global market conditions and US trade policy changes.
EBITDA for Q2 2025 was €28.2M, a 61.9% decrease year-over-year, with a margin of 16.7%, but up 2.2 percentage points from Q1 due to improved production costs.
Strategic acquisitions in sustainable fibers and forestry platforms, including majority stakes in AeoniQ™/AONIQ and Greenalia Forest, support diversification and growth.
Focus remains on operational efficiency and cost optimization amid challenging market conditions.
Financial highlights
EBITDA for Q2 2025 was €28.2M, down 61.9% year-over-year but flat sequentially, with a 2.2 percentage point margin improvement from Q1.
Revenues declined versus both Q2 2024 and Q1 2025, mainly due to lower volumes and prices.
Net profit in Q2 2025 was €6.4M, down 84.1% year-over-year and 15.4% below Q1 2025.
Cash cost reduced by 9% quarter-on-quarter and 5% year-on-year, keeping first half 2025 flat with 2024.
Net debt at end-Q2 2025 was €317.5M, up from €211.0M at end-Q1 2025, mainly due to dividend distribution, taxes, and working capital.
Outlook and guidance
Expectation for volumes in the second half to be in line with the first half, targeting over 1.1 million tonnes for the year.
Management expects stabilization of US tariffs and a new balance in global pulp demand and supply in the coming months.
Anticipate normalization of market conditions and demand recovery into Q4 2025, with progressively higher returns.
Focus on further optimizing variable and fixed costs to achieve a slight reduction in cash costs for full year 2025.
Major projects in sustainable textiles and product diversification progressing.
Next Altri earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage