Interim Report 1 January - 31 March 2011
20 April 2011, 8:01 AM
Financial results for the first quarter · The net asset value increased during the first quar-ter to SEK 57,746 m, compared to SEK 57,513 m at the end of December 2010. During the last 12 months, the net asset value has increased by 11%. · Korsnäs' operating profit increased by 33% to SEK 264 m (199) and the operating margin was 12.4% (9.2%). · The Group's total revenue amounted to SEK 2,282 m (2,283). · Net result after tax, including changes in fair value of financial assets, amounted to a profit of SEK 49 m (6,834) corresponding to a profit per share of SEK 0.17 (24.62). Press release: http://hugin.info/1114/R/1507988/442898pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Kinnevik via Thomson Reuters ONE [HUG#1507988]