Interim Report 2005 1 January – 31 March
• Net sales for the first quarter of the year amounted to SEK 1,383 million (1,438). Since the Board has proposed to the Annual General Meeting that all shares in Invik & Co. AB (”Invik”) shall be distributed to Kinnevik’s shareholders, Invik is reported as discontinued operations and is not included in figures above. Total turnover in Invik increased for the first quarter to SEK 354 million (pro forma first quarter 2004 SEK 309 million). • Korsnäs Holding reported an operating profit of SEK 125 million (286). The comparative figures for 2004 include earnings of about SEK 60 million from