INTERIM REPORT JANUARY – SEPTEMBER 2005

Amounts in SEK million unless per share

* Sales Jan–Sep 1,822 (1,821)

Jul–Sep 641 (583)

* Income after net financial items Jan–Sep -82 (-56)

Jul–Sep -65 (-107)

* Earnings per share after net financial items Jan–Sep -0.46 (-0.31)

Jul–Sep -0.36 (-0.60)

* Profit/loss after tax Jan–Sep -59 (-42)

Jul–Sep -45 (-74)

* Earnings per share after tax Jan–Sep -0.33 (-0.23)

Jul–Sep -0.25 (-0.41)

* Cash flow per share Jan–Sep -2.03 (-0.51)

Jul–Sep -0.78 (-0.25)

* Shareholders’ equity per share 8.47 9.28 (31.12.04)

* Equity/assets ratio 59% 65% (31.12.04)

* The market for pulp during the third quarter was characterized by normal demand with a weakening price for bleached longfibre pulp. The company however had expected an increase in prices during the second half this year but this has not materialized during the third quarter.

* The result during January to September was negatively effected by 55 MSEK due to the closure of the magnefite line at Utansjö and the start-up and fine-tuning of the new CTMP line.

* Earnings for the third quarter 2005 amounted to a loss after financial items of 65 MSEK. The third quarter has carried costs amounting to 35 MSEK for planned maintenance stops at Vallvik, Rottneros and Utansjö.

* As announced on 14 October this year, the company expects a substantially weaker result than was previously estimated for the full-year 2005. The loss is expected to be less than the loss in 2004, which was SEK 108 million (excluding IFRS effects) and which included substantial non-recurring items.

(For complete interim report see attached file)

About Us

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, which is listed on NASDAQ Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, and the wood procurement company Rottneros Baltic SIA in Latvia. The Group has approximately 300 employees and had a turnover of approximately SEK 1.9 billion in the 2017 financial year.

Subscribe

Documents & Links