In the first half of 2012, sales were 1.067 million euros and operating results excluding non-recurring items were 24 million euros. The operating result including these elements was 157 million euros. Sales in the second quarter of 2012 have amounted to 522 million euros. Operating income excluding non-recurring items was 19 million euros. Operating income including non-recurring items was 161 million euros. Profit before tax excluding non-recurring items was 17 million euros. The profit before tax including non-recurring items was 159 million euros. During the second quarter of 2012, demand for cardboard normalized and losses in the paper units undergoing restructuring decreased considerably.
