Nordic Business Report-April 26, 2006-Rottneros AB posts operating loss of SEK43m
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The Swedish pulp and packaging group Rottneros AB issued its first quarter report on Wednesday (26 April), posting an operating loss of SEK43m, as compared to a loss of SEK21m in the first quarter of 2005.
The decline was mainly due to higher raw materials prices.
The net turnover amounted to SEK700m, up from SEK585m in the first quarter last year.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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