Based on preliminary information, M-real Corporation's, part of Metsäliitto Group, sales in 4Q 2009 were approximately EUR 620 million and the operating result, excluding non-recurring items approximately EUR 6 million.
In connection with the announcement of its 3Q 2009 results on 22 October 2009 M-real expected the 4Q 2009 operating result, excluding non-recurring items, to be clearly better than the results of the two first quarters of the year. Comparison to 3Q 2009 was at that time not disclosed due to insufficient visibility. Mainly due to improved operating rates and own profit improvement measures and despite the seasonally lower delivery volumes in December the 4Q 2009 operating result, excluding non-recurring items, was clearly better than also in the 3Q 2009.
Annual sales in 2009 were approximately EUR 2,440 million and the operating result, excluding non-recurring items approximately EUR -150 million.
M-real books in 4Q 2009 operating result in total EUR -59 million net non-recurring items.
