Norske Skog’s earnings for the first quarter of 2009 are considerably lower than the earnings in the fourth quarter of 2008, but still somewhat better than for the first quarter of 2008.
Group results for the first quarter benefited from foreign exchange translation gains which offset weaker organic1 performance and as a result, underlying2 operating profit was broadly in line with last year.
The enclosed information constitutes regulated information as defined in the Royal Decree of November 14, 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.
Expands Cenveo’s leading pharmaceutical label position; Transaction expected to be accretive to earnings
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The first quarter of 2009
– Net Revenue of $602 Million – Adjusted EBITDA of $320 Million
