FIRST QUARTER REPORT 2001
HIGHLIGHTS- Operating revenues of 649 MNOK (up 11%)· Delayed sales in Germany and Denmark pending new legislation- Profit before taxes of 98 MNOK (up 13%)- Acquisition of 70% ownership in a Brazilian can collection and recycling company- Acquisition of Belgian distributor- Preferred supplier agreement with FDB, the Danish retail chain- Several new deposit initiativesRevenues in first quarter 2001 amounted to 649 MNOK, up from 583 MNOK in 2000 (up 11%). The slow start of the year was expected as a consequence of pending new deposit initiatives in several European Markets. The