Interim Report January 1 - March 31, 2009: Earnings well above the previous year in spite of lower sales

  • Group net sales dampened by economic downturn and customer cautiousness
  • Earnings improved due to successful cost containment, better operational control as well as price and mix management
  • Free cash flow continued strong, debt reduced further
  • Full year sales outlook remains uncertain and pressure on margins is expected to increase during the course of the year

For further information, please contact:
Mr. Jukka Moisio, CEO, tel. +358-10-686 7801
Mr. Timo Salonen, CFO, tel. +358-10-686 7880
Ms. Kia Aejmelaeus, Head of Investor Relations, tel. +358-10-686 7819 or mobile +358-40-765 4616
Ms. Minna Staffans, Head of Group Communications, tel. +358-10-686 7863

Group Communications

» Results presentation

get_app Interim 2009 Q1 EN