Key highlights: *Stable sales volumes despite challenging markets *Successfully accomplished maintenance shutdowns *Accelerated delivery of the cost and efficiency programme *Strong operating cash flow generation *Recyclable Flow Wrap launched. Quarterly data: *Net sales declined by 5% to SEK 5 561 million (5 833). Excluding currency effects sales declined by 3% *Operating profit was SEK 86 million (149) *Net profit from continuing operations was SEK 52 million (77) *Earnings per share amounted to SEK 0.25 (27.83)**

Kotkamills’ family of AEGLE® consumer boards is complemented by the freshest member of the family. AEGLE® Barrier Plus promotes the wider use of non-plastic packaging solutions. Easily recyclable AEGLE® Barrier Plus packaging board is especially suited for packaging greasy food, sandwiches, bakery products and frozen foods. The packaging industry is one of the key players in preventing litter ending up in the oceans and nature. Traditionally, packaging industry uses plastic barrier layer on packaging board in order to prevent grease and fluids from absorbing into the packaging material. Alternatively, organic fluorochemicals can be used as grease barriers but they might be harmful for the health. Degradation of plastic can take up to hundreds of years in natural conditions which means they are a burden for the environment for a long time, even ending up in the food chain. Click Read More below for additional information.

Highlights - Six Months Ended December 31, 2020: • GAAP Net Income of $417 million, up 65%; GAAP earnings per share (EPS) of 26.5 cents per share, up 71%; • $35 million Bemis cost synergies in H1; expect approximately $70 million (previously $50-$70 million) in FY21; • A further $200 million of share repurchases approved bringing the total announced in fiscal 2021 to $350 million; • Quarterly dividend higher than last year at 11.75 cents per share; and • Fiscal 2021 outlook for adjusted EPS growth raised to 10-14% in constant currency terms (previously 7-12%).