METSÄLIITTO GROUP 2003
METSÄLIITTO GROUP RELEASE 1(10)5 February 2004 at 12.00 METSÄLIITTO GROUP 2003 The downturn on forest products markets continued in 2003 and turnoverfor the Metsäliitto Group was about 6 per cent lower than in 2002.Earnings before interest and depreciation (EBITDA) was down by around24 per cent, and operating profit (EBIT) by some 64 per cent. Resultbefore extraordinary items was still well on the positive side inautumn, but non-recurring expenses booked during the final quartercaused the Group to return a loss for the year. Metsäliitto Cooperative,