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Orion Group Interim Report 1-9/2004

Orion Pharma contributed EUR 94.1 million, or 82%, to the total operating profit. Group profit before extraordinary items and taxes was EUR 114.2 (67.9) million. The adjusted earnings per share were EUR 0.58 (0.31).  Equity ratio was 39.7% (50.7%). In September, an additional dividend of EUR 2.14 per each old share was distributed and a bonus issue was implemented, in which the shareholders received one additional Orion share per each old one.
 
- The figures in the parentheses are those for the comparative period.
- The figures in the report have not been audited.
- The per-share key figures of the comparative periods have been adjusted to the bonus issue implemented on 17 September 2004.
 
Espoo, 9 November 2004
 
Board of Directors of Orion Corporation 
 
Contact persons:
Jukka Viinanen, President and CEO, phone +358 10 429 3710                       
Jari Karlson, CFO, phone +358 10 429 2883

A press conference on this Interim Report will be held today, Wednesday, 9 November 2004 starting at 10.30 am, in the VR Auditorium in Helsinki. The language of the occasion is Finnish.

Publication schedule for Orion's financial reporting in 2005
 
Bulletin of 2004 Financial Statements  Monday  14 February 2005 at 18.30 pm
 - press conference Tuesday, 15 February 2005 at 10.30 am
 
Interim Report 1-3/2005 Wednesday   11 May 2005 at 8.30 am
 - press conference Wednesday, 11 May 2005 at 10.30 am
 
Interim Report 1-6/2005 Tuesday 9 August 2005 at 8.30 am
 - press conference Tuesday  9 August 2005 at 10.30 am
 
Interim Report 1-9/2005 Tuesday 8 November 2005 at 8.30 am
 - press conference Tuesday 8 November 2005 at 10.30 am

Annual Report 2004 will be published during week 10/2005.
 
Annual General Meeting of Shareholders  is planned to be held on Tuesday, 22 March 2005 at 17.00 pm

The financial reviews, reports and the related presentation material will be available on the Group homepage instantly upon publication. The homepage also provides a facility for registration on the company's mailing lists for publications and news releases. 

Capital Markets Day in London on 17 November 2004
 
A Capital Markets Day will be held for analysts and institutional investors in London on Wednesday, 17 November 2004 at 9-12. The programme of the event is available on Orion's homepage http://www.orion.fi/english/investors/.

The presentations can be followed via the web from a link to be provided on the homepage. A video webcasting will become available on the homepage as of 18 November 2004.
 
Orion Corporation
 
Jukka Viinanen                                        Jari Karlson
President and CEO                                  CFO
 
The full report including tables can be downloaded from the enclosed link: