LABOUR DISPUTE IN FINLAND WEAKENED M-REAL?S PROFITABILITY IN 2005
M-real Corporation Stock Exchange Bulletin 8.2.2006 at 1 p.m.LABOUR DISPUTE IN FINLAND WEAKENED M-REALS PROFITABILITY IN 2005 In 2005 M-reals consolidated result before taxes, excluding non-recurring items, fell to a loss of EUR 142 million from a loss ofEUR 75 million in the previous year. The operating resultexcluding non-recurring items fell to EUR 4 million from EUR 61million a year earlier. The operating result was weakened aboveall by the losses caused by the labour dispute in the Finnishpaper industry. Other factors that cut into profitability were thefall in the price of