Korsnäs reports strong fourth quarter
Feb 15 2012 Korsnäs' operating profit in the fourth quarter of 2011amounted to 123 million Kronor, compared to 116 million the corresponding period 2010.
Kinnevik-owned Korsnäs' operating profit in the fourth quarter,123 million Kronor, includes an insurance compensation of 45 million Kronor for damages in earlier years, tha company writes in a press release.The operating margin in the fourth quarterwas 6.1 percent (5.8). Korsnäs' operating profit for the full year 2011 amounted to 907 million Kronor (926). The operating margin was 11.0 percent (11.3).