*

Hitt og þetta 27. apríl 2006

M-real Corporation reports 3-month operating profit of EUR35m

Nordic Business Report-April 27, 2006-M-real Corporation reports 3-month operating profit of EUR35m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish paper company M-real Corporation, a subsidiary of the Finnish forest industry group Metsaliitto Group, reported on Thursday (27 April) an operating profit of EUR35m on sales of EUR1.44bn for the financial quarter January-March 2006.

Operating profit for the three-month period decreased from EUR115m, while sales increased from EUR1.34bn, as compared to the corresponding period in 2005.

M-real's second-quarter result before taxes excluding non-recurring items is forecast to be below the first-quarter level.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))