Pöyry’s profit before taxes 2009 was 12.4 million Euros (103.2). Earnings per share amounted at 0.11 Euro (1.21).The year was marked by a very challenging market environment. Pöyry’s order stock reduced but remained on a reasonable level overall. The clients' low investment activity impacted sales that fell by 18 percent.Pöyry’s restructuring costs for 2009 totaled 10.9 million Euros. Cash flow after capital expenditure improved considerably towards the end of the year but was still negative at -25.6 million Euros."The past year was challenging for Pöyry in many respects,” said Heikki Malinen, CEO of Pöyry. “Compared with the previous year, the results for our Forest Industry and Energy business groups were disappointing.”Pöyry’s business group Forest Industry shows an operating result of -14.7 million Euros (50.8). Sales for Forest Industry business group amount at 175.8 million Euros (294.5).“The new year has started on a slightly more positive note than last year. Our clients are again planning new projects. Nevertheless, developing plans into projects takes time, and according to our estimates, we will see more actual project implementation in late 2010 and 2011,” Malinen said. “In 2010, we will implement our new business group structure, continue intensive sales efforts, improve our capacity to execute large projects, strengthen management consulting and continue pursuing attractive business acquisitions."