- Net sales by the Myllykoski Group in January-March 2010 totalled EUR 245 million (EUR 325 million in January-March 2009).
- Operating profit for January-March 2010 was EUR 13 million (EUR 8 million). Low paper prices and high raw material costs decreased the profitability.
- Total deliveries in January-March 2010 amounted to 408,000 tonnes, which is 14.7% lower than in the corresponding period in 2009.
- Production curtailments continued at European mills
About MYLLYKOSKI
MYLLYKOSKI is a family-owned international paper group with manufacturing in Finland, Germany and the United States and sales offices around the world. The Finnish roots of the parent company go back to 1892. MYLLYKOSKI products consist of wood-containing uncoated and coated publication papers, including newsprint. Customers include publishers, printers, and retailers worldwide.
MYLLYKOSKI is among the largest publication paper producers in the world.
MYLLYKOSKI operates seven paper mills with a total annual capacity of close to 3 million tonnes, including the alliance partner Rhein Papier GmbH. MYLLYKOSKI employs 2,700 people.
MYLLYKOSKI is known as a pioneer in using new technologies as well as recycled fibres for paper production. MYLLYKOSKI’s vision is to be the premier publication paper brand recognized for creativity and positive business solutions.