On Monday 11th Oct 2010, the news agency Thomson Reuters published an interview with the President and CEO of Norske Skog, Sven Ombudstvedt. The article from Thomson Reuters states that "Ombudstvedt said that business performance had been somewhat better than he expected during the third quarter of 2010." The formulation in the article must be due to a misunderstanding, since comments regarding the quarterly financial statements were not given in the interview. However, it was said that market development was somewhat better.
The results in the third quarter will continue to be weak, as it was guided in connection with the presentation of the financial statements for the second quarter. Norske Skog will publish the ordinary pre-quarterly release for the third quarter in Week 42.
Norske Skog has unsuccessfully tried to get Thomson Reuters to send out a corrected version of the interview.
Oxenøen, Oct 11, 2010
Norske Skog
Communications and public affairs
For further information:
Media:
Vice president corporate affairs
Carsten Dybevig
Mob: +47 917 63 117
The financial market:
Vice president investor relations
Jarle Langfjæran
Mob: +47 909 78 434
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European News
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