8/7/2006

Orion Group Financial Review 1-6/2006

The new Orion Corporation which was listed on the Helsinki Stock Exchange on 3 July 2006, gives a financial review of 1-6/2006 which is completely based on figures carved out from the financial statements of the demerged Orion.

-         Group net sales were EUR 329.8 (295.6) million, up by 11.6%.
-         Operating profit rose by 26.9% to EUR 105.8 (83.4) million.
-         Profit before taxes was EUR 105.9 (82.7) million.
-         Earnings per share were EUR 0.56 (0.45).
-         Equity ratio was 72.8% (65.2%).
-         Return on capital employed (ROCE) was 54.2% (44.4%).
 
Espoo, 7 August 2006
 
Board of Directors of Orion Corporation
 
Orion Corporation
 
Jukka Viinanen                                        Jari Karlson
President and CEO                                   CFO
 
 
 
Contact persons:
Jukka Viinanen, President and CEO, phone +358 10 426 3710                       
Jari Karlson, CFO, phone +358 10 426 2883, gsm +358 50 966 2883
 
 
Press conference in Finnish
A Finnish press conference for the media and institutional investors will be held today, Monday, 7 August 2006, starting at 14.30 p.m. at the VR Auditorium, Helsinki. The language of the event is Finnish.
The Finnish presentation can be followed on-line via the Internet homepage www.orion.fi/sijoittajille, or via the Kauppalehti Live web service, www.kauppalehti.fi/live.
 
 
Teleconference in English
A teleconference in English for questions and answers will be arranged today, Monday, 7 August 2006 starting at 17.00 p.m. Finnish time (15.00 GMT). Advice for participating the conference is provided on the front page of www.orion.fi.
 
 
Webcasting
A webcast presentation of this proforma financial review will become available in English later in the evening of 7 August  on www.orion.fi/investors, on www.kauppalehti.fi/live, as well as via Thomson/CCBN's web service  www.fulldisclosure.com or Thomson's extranet service for institutional investors, www.streetevents.com.
 
 
 
 
 
The financial reviews, reports and the related presentation material of Orion are available on the homepage www.orion.fi/investors as of publication. The homepages also provide a facility for registration on the respective companies' mailing lists for publications and news releases.
 
 

Orion Group Financial Review 1-6/2006