Norske Skog’s sales for the first three quarters of 2010 amounted at 13,826 million Norwegian Kroner (15,453). The Operating result was -2,333 million Kroner -2,400), and the net result for the period was -2,270 million (-2,066).Earnings per share amounted at -11.92 Norwegian Kroner (-9.9). Net cash flow from operating activities was 24 million Kroner (1,160).“Market conditions show signs of improvement. At the same time, we have reduced debt and fixed costs. Nevertheless, we must acknowledge that neither the market development nor our own efforts are sufficient to compensate for the continued price increases on input factors such as recovered paper, wood and market pulp,” says Sven Ombudstvedt, Norske Skog’s CEO."We are positioning Norske Skog for an active role in a necessary consolidation of the industry. At the same time, we are working on measures to further reduce net debt and move customers over to shorter-term contracts," says Ombudstvedt. Norske Skog’s net interest bearing debt was reduced by 1.3 billion Norwegian Kroner in the third quarter, and amounted to nine billion by September 30.