Excluding additional costs and Korsnäs contribution, the Q4 2012 operating profit is in line with the operating profit in Q3 2012.

CEO Per Lindberg comments Q4 2012 results: “Quarter four was exceptionally eventful, and we concluded the historical combination between Billerud and Korsnäs. In the light of the changes in the group structure, we feel we should clarify to the market the implications on our financial performance. Even if the quarter has been charged with several additional costs, the underlying operating performance of the group remains stable. And above all, we continue to view the future prospects for BillerudKorsnäs as very positive.”