Botnia Group sales for 2006 were 39 per cent up on the previous year at EUR
1,311.3 million (946.5). Operating profit was EUR 212.5 million, a substantial
increase on the previous year's figure of EUR 79.8 million. Sales and profit
for the period were boosted largely by strong prices for market pulp, while the
biggest negative impact resulted from the weakening of the dollar against the
Pulp delivery volumes and mill utilization rates were much better than the year
before, although the figures for 2005 were hit by the labour disputes that
affected the industry during the spring.
The most important financial figures are summarized below. For more detailed
information please visit the page Botnia in Figures.
• Sales EUR 1,311.3 million (946.5 million)
• Operating profit EUR 212.5 million (79.8 million)
• Profit before extraordinary items EUR 202.3 million (80.4 million)
• Capital expenditure EUR 569.8 million (288.8 million)
• Return on capital employed 14.3% (6.2%)
• Equity ratio 65.8% (71.6%)
• Net gearing 20.4% (6.3%)
Metsä Fibre is a leading producer of bioproducts and bioenergy. The company’s pulp brand is Botnia and the sawn timber brand is Metsä Nordic Timber. The company’s bleached softwood and birch pulp grades have been developed for the production of high-quality board, tissue and printing paper and speciality products. The main applications for spruce and pine sawn timber are products for construction and interior decoration as well as window and door joinery and raw material for packaging industry. Currently employing approximately 1 200 people, the company’s sales totalled EUR 1.4 billion in 2016. Metsä Fibre is part of Metsä Group.