Interim report January - September

KLIPPAN AB - Interim report January - September 2002 · Profit after net financial items MSEK 47.1 (15.1) · Weakened order situation · The acquisition of KLIPPAN Mölndal has contributed to an improved result General KLIPPAN AB bought Stora Enso Mölndal AB as at 2 April 2002, whereupon this company changes its name to KLIPPAN Mölndal AB. The acquisition has meant that certain historical comparison figures are not relevant. Sales The European market for fine paper weakened further during the third quarter. This applied in particular to the uncoated qualities, which showed a reduced order intake of some 4% compared to last year. Prices are under pressure for coated paper, where there is some 20% over capacity on the market. The seasonal recuperation during the autumn was delayed this year, which in turn has affected the market for pulp negatively. KLIPPAN's order book was reduced during the third quarter and now amounts to only 1-2 weeks, compared to the normal 3-4 weeks. The sales volume during the year increased by approximately 4%. Price levels for the most important products have been maintained. The contents of this report have not been the subject of examination by the company's auditors. For further information, please contact the president Bengt Östensson, tel +46(0)771 11 00 00 or +46(0)70 595 86 27 or the financial manager Kenneth Nellros, tel +46(0)31 67 51 16 or +46(0)70 542 93 25. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/29/20021029BIT00770/wkr0001.doc The full report http://www.waymaker.net/bitonline/2002/10/29/20021029BIT00770/wkr0002.pdf The full report

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KLIPPAN AB manufactures, develops and markets fine and special paper and cardboard.