Interim Report 1 January - 30 June 2011

Financial results for the second quarter
·  The net asset value increased during the second quarter to SEK 58,770 m,
compared to SEK 57,746 m at the end of March. During the last 12 months, the net
asset value has increased by 11.7%.
·  Korsnäs' operating profit amounted to SEK 178 m (243) and the operating
margin was 8.7% (12.1%).
·  The Group's total revenue amounted to SEK 2,160 m (2,080).
·  Net profit after tax, including changes in fair value of financial assets,
amounted to SEK 2,490 m (1,831) corresponding to SEK 8.98 (6.59) per share.
Financial results for the first half year
·  The net asset value increased during the the first half year with SEK 1,257 m
from SEK 57,513 m at the end of December 2010.
·  Korsnäs' operating profit amounted to SEK 442 m (442) and the operating
margin was 10.6% (10.6%).
·  The Group's total revenue amounted to SEK 4,442 m (4,363).
·  Net profit after tax, including changes in fair value of financial assets,
amounted to SEK 2,539 m (8,665) corresponding to SEK 9.15 (31.21) per share.



Press release:
http://hugin.info/1114/R/1532496/466668pdf




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