Adjusted operating profit rose to EUR 521 million for the quarter, up from EUR 462 million in the corresponding quarter of 2025.
The result compares with an average forecast among analysts of EUR 483 million, according to Bloomberg.
Sales increased to EUR 2 billion, up from EUR 1.6 billion a year earlier.
Higher electricity prices on the Nordic spot market contributed to the earnings boost, according to CEO Markus Rauramo. The trend was driven by high demand for heating combined with low water reservoir levels and unfavorable weather for wind power.
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