Metsä Board Corporation Stock Exchange release 29 April 2020 at 5.45 p.m. EEST
Metsä Board corrects its January–March 2020 interim report.
In Key figures table on page 3, one row label is incorrect. The latter “Return
on equity” should be “Return on capital employed”.
In the cash flow statement on page 15, “Changes in non-current loans and in
other financial items” correct figure is EUR -1.3 million (was EUR -50.3
million), “ Net cash flow from financing” correct figure is EUR -1.3 million
(was EUR -50.3 million) and “Changes in cash and cash equivalents” correct
figure is EUR 49.0 million (was EUR 45.9 million).
In addition, in the Notes section on page 21, the row labels in Note 8:
Financial liabilities are incorrect.
Corrected January–March 2020 interim report in its entirety is available as an
attachment to this release.
METSÄ BOARD CORPORATION
Further information:
Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101
Metsä Board
www.metsaboard.com (https://www.metsaboard.com/Pages/default.aspx)
Metsä Board is a leading European producer of premium fresh fibre paperboards
and forerunner in sustainability. We produce premium lightweight folding
boxboards, food service boards and white kraftliners for consumer goods
packaging as well as retail-ready and food service applications. We work
together with our customers on a global scale to innovate solutions for better
consumer experiences with less environmental impact. The pure
fresh fibres Metsä Board uses are a renewable resource, traceable to origin in
sustainably managed northern forests. We aim for completely fossil free mills
and raw materials by 2030.
The global sales network of Metsä Board supports customers worldwide, including
brand owners, retailers, converters and merchants. In 2019, the company’s
sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä
Board, part of Metsä Group, is listed on the Nasdaq Helsinki.
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