Lecta announces that it will take temporary downtime at several mills.
“The current market environment is characterised by very high production costs, in particular energy costs, and weaker demand primarily due to destocking in the value chain”, Lecta states.
Therefore, Lecta has decided to take temporary downtime at several of its paper mills. Downtime will be scheduled in such a way that high service levels for customers will be maintained.
The company remains confident in its financial outlook for Q4.
Lecta is a leading European manufacturer and distributor of specialty papers for labels and flexible packaging, coated and uncoated paper for publishing and commercial printing, and other high-value innovative products such as its range of environment-friendly, 100% recyclable and biodegradable functional papers.