Archive
Images & Print
Korsnäs Highlights

10/20/2011

Kinnevik: Interim report 1 January - 30 September 2011
Financial results for the third quarter
  • The net asset value amounted to SEK 57,189 m at the end of September, compared to SEK 58,770 m at the end of June
  • Korsnäs' operating profit amounted to SEK 342 m (368) and the operating margin was 16.6% (18.2%)
  • The Group's total revenue amounted to SEK 2,168 m (2,079).
  • Net loss after tax, including changes in fair value of financial assets, amounted to SEK 1,120 m (profit of 4,512) corresponding to a loss of 4.04 SEK (profit of 16.27) per share

 

Financial results for the first nine months of the year

  •  The net asset value decreased during the first nine months of the year by SEK 324 m from SEK 57,513 m at the end of 2010
  • Korsnäs' operating profit amounted to SEK 784 m (810) and the operating margin was 12.6% (13.1%)
  • The Group's total revenue amounted to SEK 6,610 m (6,6442)
  • Net profit after tax, including changes in fair value of financial assets, amounted to SEK 1,419 m (13,177) corresponding to SEK 5,11 (47.48) per share

 

Read the whole press release here.

Contact

Korsnäs AB

Johanna Stenson
+46 (0)26-15 10 17
+47 (0)70-795 10 17
johanna.stenson@korsnas.com

 

FRÖVI AND ROCKHAMMAR

Siv Bergenström
+46 (0)581-37 107
+46 (0)70-345 10 94
siv.bergenstrom@korsnas.com