Rottneros have released thier Year-end results for 2009
• Income after net financial items amounted to SEK 0 (-169) million for the fourth quarter of 2009
• Income after net financial items amounted to SEK -69 (-385) million for the full year 2009
• Cash flow from operating activities amounted to SEK 84 (-49) million for the full year 2009. Loans were repaid by SEK 407 million for the full year 2009
• Operations at Rottneros' pulp mill in Miranda, Spain ceased at the turn of the year 2008/2009
• Rockhammar Mill's fixed assets were sold to Korsnäs Rockhammar AB on 1 April
• During the fourth quarter, Rottneros implemented a new issue of shares, which added SEK 202 million to equity following a deduction for guarantee and issue expenses. The company also implemented a new issue aimed at Rottneros' bank syndicate, which involved offsetting loans equivalent to SEK 200 million
• Net loan debt, amounting to SEK 729 million as at 31 December 2008, has been transformed into an interest-bearing net loan receivable of SEK 10 million following amortisation and the new issues of shares implemented
• The pulp market remains strong and demand has increased. At the same time, global pulp stock levels are generally low, which has resulted in a positive price trend; also, further price increases have been announced for January and February 2010
• The company will not be providing a full-year forecast for 2010
• Following the end of the reporting period, Kjell Ormegard was appointed chair of the board up to and including the annual general meeting in April owing to Rune Ingvarsson having requested his immediate resignation from the board of Rottneros for personal reasons.