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18.03.2016 14:19:30
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Norske Skog revised financial statements 4th quarter 2015
Attached is Norske Skog's revised financial statements for 4th quarter of 2015 reflecting changes announced in the stock exchange release on 16 March 2016.
Key figures revised, fourth quarter of 2015 (NOK million)
| Q4 2015 | Q3 2015 | Q4 2014 | 2015 | 2014 | |
| Operating revenue | 3 087 | 2 779 | 3 208 | 11 538 | 12 150 |
| Gross operating earnings (EBITDA) | 260 | 163 | 190 | 753 | 801 |
| Gross operating margin (%) | 8.4 | 5.9 | 5.9 | 6.5 | 6.6 |
| Gross operating earnings after depreciation | 67 | -27 | 2 | -14 | 66 |
| Restructuring expenses | -32 | -2 | -7 | -53 | -4 |
| Other gains and losses | 26 | 43 | 29 | -86 | 39 |
| Operating earnings | 61 | 13 | 24 | -153 | 102 |
| Share of profit in associated companies | -18 | -7 | -4 | -41 | 1 |
| Financial items | -376 | -782 | -858 | -801 | -1 357 |
| Income taxes | -453 | 33 | -178 | -442 | -223 |
| Loss for the period | -786 | -742 | -1 017 | -1 436 | -1 477 |
| Cash flow from operations before net financial items | 363 | 2 | 640 | 66 | 947 |
Oslo, 18 March 2016
Norske Skog
Communications and Public Affairs
| For further information: | |
| Norske Skog media: Vice President Corporate Communication Carsten Dybevig Mob: +47 917 63 117 | Norske Skog financial markets: Vice President Investor Relations Tom Rogn Mob: +47 948 55 659 |
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norske Skog via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norske Skog via Globenewswire
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