Hitt og þetta 20. apríl 2006

Sodra reports Q1 operating result of SEK289m

Nordic Business Report-April 20, 2006-Sodra reports Q1 operating result of SEK289m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish forest group Sodra issued its first quarter figures on Thursday (20 April), reporting an operating result of SEK289m, as compared to SEK237m in the first quarter of 2005.

The report was burdened by goodwill write-downs of SEK131m relating to the Tofte pulp mill in Norway.

The turnover amounted to SEK4,209m, up from SEK3,513m in the first quarter last year.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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