ESPOO, Finland, Feb. 6, 2003 (PRIMEZONE) -- Metsa Tissue Oyj:
-- Profit before extraordinary items improved to EUR 37.1 million
(27.1 million in 2001).
-- Turnover fell by 0.3 per cent to EUR 647.8 million
(649.6 million).
-- Earnings per share were EUR 0.93 (0.80).
-- Return on capital employed was 13.2 per cent and return on equity
18.1 per cent.
-- The gearing ratio fell to 77.5 per cent (123.2 per cent at
December 31, 2001).
-- EUR 90 million investments were launched as part of development
programmes.
-- Business operations in Poland were expanded.
-- The profit and cash flow targets for 2002 were achieved.
-- The Board of Directors proposes that no dividend be paid for the
2002 financial year.
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