SCA Interim Report 1 January -- 30 June 2005


STOCKHOLM, Sweden, July 21, 2005 (PRIMEZONE) -- SCA:



                        2005:2       2005:1       0506       0406 
 Earnings
 per share, SEK           4.27        2.82         7.09      11.83

 Cash flow  from 
  current operations 
  per share, SEK          4.64       -0.11         4.53       6.28

 Net sales,  SEK M      23,986      22,518       46,504     44,027

 Earnings  after
  financial items,
  SEK M                 1,361         894         2,255      3,815 

 Net  earnings,
  SEK M                 1,006         662         1,668      2,776

2005 compared with first half of 2004

- Net sales amounted to SEK 46,504 M (44,027).

- Earnings after taxes amounted to SEK 1,668 M (2,776)(a).

- Earnings per share amounted to SEK 7.09 (11.83).

- Earnings after financial items amounted to SEK 2,255 M (3,815). Adjusted for items affecting comparability totaling SEK 425 M (44), earnings after financial items amounted to SEK 2,680 M (3,859).

Compared with firstquarter of 2005

- Net sales amounted to SEK 23,986 M (22,518).

- Earnings after taxes amounted to SEK 1,006 M (662)(1).

- Earnings per share amounted to SEK 4.27 (2.82).

- Earnings after financial items amounted to SEK 1,361 M (894). Adjusted for items affecting comparability totaling SEK 425 M in the first quarter, earnings after financial items amounted to SEK 1,361 M (1,319).

(a) Earnings for the first quarter were affected by costs for rationalization measures of SEK 425 M before taxes, and SEK 314 M after taxes.

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