Botnia's result much improved on the previous year

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Sales for the first quarter of the year were EUR 357.1 million, 13 per cent up
on the same period last year (316.4 million for the first quarter of 2006). In
terms of volume, pulp sales were down 2 per cent at 645,300 tonnes. 

Operating profit was EUR 63.7 million, 32 per cent higher than for the first
quarter of last year (48.1 million). The improved sales and financial result
are attributable to the positive trend in pulp prices. The weakening of the
dollar against the Euro and the rise in wood raw material prices were the main
factors adversely affecting the financial result. 

Operating profit showed a growth of 5 per cent compared with the final quarter
of 2006. First-quarter sales rose by 3 per cent, or 19,000 tonnes, on the
previous quarter. 

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