(Stock Exchange Release)
As announced in the financial statements bulletin earlier this year, Kemira switched certain customer segments between Kemira Pulp&Paper and Kemira Water at the beginning of 2008, in order to improve customer service and clarify the sales organization and sales responsibilities. Changes will only affect the business-area specific segment information for Kemira Pulp&Paper and Kemira Water. Business-area comparatives for 2007 have been adjusted to match the new breakdown as shown in the table below. As a result of this change, Kemira Water's revenue for 2007 decreased by about EUR 44 million and operating profit by EUR 1.4 million while Kemira Pulp&Paper's revenue grew by EUR 25 million and operating profit by EUR 1.4 million, and revenue eliminations between business areas decreased by some EUR 19 million.
Financial performance by quarter
(EUR million)
|
Revenue |
1-3/2007 |
4-6/2007 |
7-9/2007 |
10-12/2007 |
2007 |
|
Kemira Pulp&Paper |
262.7 |
267.0 |
259.7 |
253.6 |
1 043.0 |
|
Kemira Water |
157.9 |
173.2 |
175.0 |
180.3 |
686.4 |
|
Kemira Specialty |
103.5 |
110.6 |
109.8 |
102.0 |
425.9 |
|
Kemira Coatings |
135.8 |
188.7 |
182.3 |
118.4 |
625.2 |
|
Other, including eliminations |
13.4 |
13.5 |
2.7 |
0.1 |
29.7 |
|
Total |
673.3 |
753.0 |
729.5 |
654.4 |
2 810.2 |
|
|
|
|
|
|
|
|
Operating profit, excluding non-recurring items |
|
|
|
|
|
|
Kemira Pulp&Paper |
21.6 |
23.3 |
22.6 |
12.3 |
79.8 |
|
Kemira Water |
12.0 |
13.1 |
14.7 |
6.9 |
46.7 |
|
Kemira Specialty |
10.3 |
7.1 |
8.7 |
-2.0 |
24.1 |
|
Kemira Coatings |
12.8 |
27.3 |
27.7 |
-3.5 |
64.3 |
|
Other, including eliminations |
-8.6 |
-14.2 |
-7.9 |
-9.6 |
-40.3 |
|
Total |
48.1 |
56.6 |
65.8 |
4.1 |
174.6 |
|
|
|
|
|
|
|
|
Operating profit |
|
|
|
|
|
|
Kemira Pulp&Paper |
22.9 |
23.3 |
23.8 |
-1.8 |
68.2 |
|
Kemira Water |
12.0 |
13.1 |
14.7 |
3.8 |
43.6 |
|
Kemira Specialty |
10.3 |
7.1 |
10.0 |
-13.9 |
13.5 |
|
Kemira Coatings |
12.8 |
27.3 |
38.9 |
-5.9 |
73.1 |
|
Other, including eliminations |
-9.1 |
-13.2 |
-7.9 |
-25.1 |
-55.3 |
|
Total |
48.9 |
57.6 |
79.5 |
-42.9 |
143.1 |
The figures are unaudited.
Kemira will publish its Interim Report for January-March on April 29, 2008.
Kemira Oyj
Timo Leppä, Executive Vice President, Group Communications
For further information, please contact:
Kemira Oyj
Timo Leppä, Executive Vice President, Group Communications
Tel. +358 10 862 1700
Andreas Langhoff, Investor Relations Manager
Tel. +358 10 862 1140
Kemira aims to be a global group of leading chemical businesses seeking a unique competitive position in selected customer segments. Kemira's four business areas, Kemira Pulp&Paper, Kemira Water, Kemira Specialty and Kemira Coatings, provide customers with complete solutions, expertise and premium quality products. Kemira serves the pulp and paper industry, water treatment, paint business and chemical industry.
In 2007, Kemira recorded revenue of around EUR 2.8 billion and had a staff of 10,000 employees. Kemira operates in 40 countries.
