Thursday, 01 March 2012 10:30

M-real Corporation Historical figures based on the new reporting structure

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M-real Corporation, part of Metsä Group, announced on 19 January 2012 to renew its management and reporting structure to better reflect the company’s strategy and the focus on fresh forest fibre cartonboard. The company operates through two business areas that are also the company’s reporting segments from the first quarter of 2012 onwards:

  • Paperboard
  • Paper and Pulp

Paperboard business area includes the Kemi, Kyro, Simpele, Tako and Äänekoski board mills, Kyro wallpaper base machine and Joutseno BCTMP mill located in Finland as well as Gohrsmühle mill in Germany. Paper and Pulp business area includes Husum paper and pulp mill in Sweden, Alizay mill in France and Kaskinen BCTMP mill in Finland. As earlier announced M-real is planning to close the entire Alizay mill and the unprofitable operations at Gohrsmühle mill. The plans are expected to materialize in early 2012 that would improve the company’s profitability materially.

Accounting for the 32 percent ownership in Metsä Fibre (formerly Metsä-Botnia) will remain unchanged. The associated company result of Metsä Fibre will continue to be allocated to business segments based on their respective pulp consumption and is reported in EBITDA.  Roughly two thirds of the result impact of Metsä Fibre ownership is expected to be included in the Paperboard business area and the rest in Paper and Pulp business area.

The historical figures based on the new business area structure are presented in the tables below. In addition to the above listed mills, the historical business area figures include also discontinued and divested operations.

figures 1


M-REAL CORPORATION

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