Interim Report January 1 - September 30, 2009: Earnings improvement continued

  • Group net sales dampened by economic downturn and customer cautiousness, divested units and discontinued operations had a further negative impact on sales
  • Earnings improved due to price and mix management and successful cost containment
  • Cash flow continued strong, debt reduced further
  • Sales outlook for the remainder of 2009 remains uncertain, underlying earnings improvement is expected to continue

* EBIT includes non-recurring charges of EUR 3.8 million in Q1-Q3 2009 and EUR 6.9 million in Q1-Q3 2008 and EUR 0.1 million in Q3 2008.

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
Mrs. Minna Kylänpää, Head of Group Communications, tel. +358-10-686 7863

Group Communications

get_app Interim 2009 Q1-Q3 EN get_app Presentation 2009 Q3 EN final