*

Hitt og þetta 27. apríl 2006

Sveaskog reports Q1 operating result of SEK308m

Nordic Business Report-April 27, 2006-Sveaskog reports Q1 operating result of SEK308m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish forest group Sveaskog issued its first quarter report on Thursday (27 April), posting an operating profit of SEK308m, as compared to a loss of SEK147m in the first quarter of 2005.

The result for the first quarter of last year was burdened by storm-related costs.

The net turnover amounted to SEK1,544m, as compared to SEK1,480m 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))