Rottneros profit after net financial items amounted to 19 million Kronor (11) for
the first quarter of 2011. Operating profit amounted to 21 million (7) for the period.The pulp market is strong and prices in Dollar for chemical pulp increased
during the end of the first quarter, although at the same time the
Swedish Krona strengthened significantly in relation to the US Dollar. Further price increases were announced for the start of the
second quarter, Rottneros writes in its report."This winter has been particularly severe, which has had a negative
impact on the production outcome for all production lines, and energy
consumption has also increased considerably. Swedish energy prices have
also rocketed this winter and are now noticeably higher than prices in
continental Europe. Furthermore, there has been a sharp increase in the
price of oil, which has also had an impact on costs at our mills. The
cold weather ended in March and our production rate is once again at
the level planned," says Ole Terland, CEO of Rottneros.
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