Metsäliitto Osuuskunta - Company Announcement

New historical figures for Metsä Group’s Wood Products Industry and Pulp and Sawn Timber Industry

Metsä Group Stock Exchange Release 12 December 2016 at 9.00 EET


Metsä Group’s Finnish sawmills became part of the Group’s Pulp Industry Metsä
Fibre in a group internal transaction on 1 November 2016. Until then, the
sawmills had been part of the Group’s Wood Products Industry Metsä Wood.
Sawmills included in the transaction were Vilppula, Lappeenranta, Renko,
Merikarvia, Kyrö and Eskola. Their combined annual sawn timber production is
approximately 1,6 million cubic meters. 

The transaction does not impact Metsä Group’s annual sales, comparable
operating result or balance sheet ratios. Neither has the transfer any impact
on the amount of employees. 

Following the transaction the new name for Metsä Group’s Pulp Industry is Pulp
and Sawn Timber Industry. Wood Products Industry’s name has not been changed.
The new historical figures for 2015 and 2016 for both segments are presented in
the tables below. 


Wood       2016     2016     2016     2016     2015     2015   2015   2015  
2015 
 Produ    Q1-Q3       Q3       Q2       Q1    Q1-Q4       Q4     Q3     Q2    
Q1 
cts 
 Indus 
try 
--------------------------------------------------------------------------------
- 
Sale    366.3    115.1    129.9    121.4    533.6    117.4  135.2  146.1 
134.9 
s, EUR 
 milli 
on 
EBITA,     40.4     12.7     16.3     11.4     25.5     13.5   11.6   -8.1   
8.5 
 EUR 
 milli 
on 
Compar     40.8     12.7     16.3     11.8     43.6     12.4   11.8    5.9  
13.5 
able 
 EBITA 
, EUR 
 milli 
on 
Operat     30.0      9.0     13.1      7.8      6.5      9.5    7.8  -15.3   
4.5 
ing 
 resul 
t, EUR 
 milli 
on 
Compar     30.4      9.0     13.2      8.2     27.9      8.4    8.0    7.1   
4.5 
able 
 opera 
ting 
 resul 
t, EUR 
 milli 
on 
% of        8.3      7.8     10.1      6.8      5.2      7.1    5.9    4.8   
3.4 
 sales 
Compar     14.9     13.2     18.8     11.8      9.8     11.6   10.9    9.6   
6.1 
able 
 ROCE, 
 % 
Capita      8.8      6.3      1.5      1.1     12.2      4.0    4.7    1.8   
1.7 
l 
 inves 
tments 
, EUR 
 milli 
on 
Person    1 583    1 583    1 652    1 596    1 600    1 600  1 746  1 838  1
784 
nel at 
 end 
 of 
 perio 
d 
Assets    191.5    191.5    200.3    222.3    208.2    208.2  218.5  226.0 
255.4 
 at 
 end 
 of 
 perio 
d, EUR 
 milli 
on 
Liabil     84.7     84.7     73.9     72.9     74.6     74.6   81.5   79.5  
86.1 
ities 
 at 
 end 
 of 
 perio 
d, EUR 
 milli 
on 
--------------------------------------------------------------------------------
- 
--------------------------------------------------------------------------------
- 
Pulp       2016     2016     2016     2016     2015     2015   2015   2015  
2015 
 and      Q1-Q3       Q3       Q2       Q1    Q1-Q4       Q4     Q3     Q2    
Q1 
 Sawn 
 Timbe 
r 
 Indus 
try 
--------------------------------------------------------------------------------
- 
--------------------------------------------------------------------------------
- 
Sales,  1 220.0    388.7    422.5    408.8  1 771.8    442.3  430.1  487.0 
412.4 
 EUR 
 milli 
on 
EBITA,    225.3     70.2     69.0     86.2    415.2     96.2  100.1  112.6 
106.3 
 EUR 
 milli 
on 
Compar    213.6     58.5     69.0     86.2    415.2     96.2  100.1  112.6 
106.3 
able 
 EBITA 
, EUR 
 milli 
on 
Operat    167.5     58.1     48.2     61.2    340.7     79.7   83.4   95.6  
82.0 
ing 
 resul 
t, EUR 
 milli 
on 
Compar    160.9     46.4     53.2     61.2    340.7     79.7   83.4   95.6  
82.0 
able 
 opera 
ting 
 resul 
t, EUR 
 milli 
on 
%          13.2     11.9     12.6     15.0     19.2     18.0   19.4   19.6  
19.9 
 sales 
Compar     21.4     18.1     23.6     27.8     41.8     37.1   42.4   52.6  
46.7 
able 
 ROCE, 
 % 
Capita    407.0    166.2    159.7     81.1    255.6    110.8   95.3   46.0   
3.6 
l 
 expen 
diture 
, EUR 
 milli 
on 
Person    1 271    1 271    1 377    1 252    1 275    1 275  1 284  1 407  1
270 
nel at 
 end 
 of 
 perio 
d 
Assets  1 404.8  1 404.8  1 257.0  1 142.2  1 028.7  1 028.7  956.6  906.8 
883.3 
 at 
 end 
 of 
 perio 
d, EUR 
 milli 
on 
Liabil    373.9    373.9    384.6    330.6    322.5    322.5  287.8  273.4 
267.8 
ities 
 at 
 end 
 of 
 perio 
d, EUR 
 milli 
on 
--------------------------------------------------------------------------------
- 

EBITDA = Operating result before depreciation and impairment losses
Comparable EBITDA = EBITDA, from which exceptional and material items outside
the ordinary course of business have been eliminated 
ROCE, % = return on capital employed



METSÄ GROUP


For further information, please contact:
Vesa-Pekka Takala, CFO, Metsä Group, tel. +358 10 465 4260



www.metsagroup.com

Metsä Group is a forerunner in bioeconomy utilising renewable wood from
sustainably managed northern forests. Metsä Group focuses on wood supply and
forest services, wood products, pulp, fresh forest fibre paperboards and tissue
and cooking papers. 

Metsä Group’s sales totalled EUR 5.0 billion in 2015, and it employs
approximately 9,600 people. The Group operates in some 30 countries.
Metsäliitto Cooperative is the parent company of Metsä Group and is owned by
approximately 116,000 Finnish forest owners. 

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