KLIPPAN, Sweden, May 7, 2003 (PRIMEZONE) -- KLIPPAN AB :
- Result after net financial items MSEK 4.4Mkr (18.1) - Weak market development - Production co-ordination continues. The move of coloured paper from Caldwells to the Swedish mills executed.
The business in general
KLIPPAN AB bought Stora Enso Molndal AB as at 2 April 2002, whereupon this company changed its name to KLIPPAN Molndal AB. On 30 October 2002 KLIPPAN took over the operation at Caldwells Mill in Scotland. These events have meant that certain comparisons between the first quarter of 2003 and the corresponding period in 2002 are not relevant.
For further information, please contact Bengt Ostensson, President/CEO tel +46(0)771-11 00 00 or +46(0)70 595 86 27 Kenneth Nellros, Corporate Manager Finance tel +46(0)771-11 00 00 or +46(0)70 542 93 25
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The full report
http://www.waymaker.net/bitonline/2003/05/07/20030507BIT00610/wkr0002.pdf
The full report