eng

Interim Report 1 January - 31 March 2011

4/20/2011 8:00 AM

Financial results for the first quarter

·  The net asset value increased during the first quar-ter to SEK 57,746 m, compared to SEK 57,513 m at the end of December 2010. During the last 12 months, the net asset value has increased by 11%.

·  Korsnäs' operating profit increased by 33% to SEK 264 m (199) and the operating margin was 12.4% (9.2%).

·  The Group's total revenue amounted to SEK 2,282 m (2,283).

·  Net result after tax, including changes in fair value of financial assets, amounted to a profit of SEK 49 m (6,834) corresponding to a profit per share of SEK 0.17 (24.62).