Orion's operating profit improved clearly. The most essential financial objectives set for the company were met.
- Group operating profit rose by 37.0% to EUR 181.1 (132.2) million, thanks to good performance by Orion Pharma.
- Group net sales were EUR 1,901.8 (1,946.8) million, down by 2.3% due to lower net sales in the pharmaceutical wholesale business.
- Earnings per share were EUR 0.95 (0.68).
- Equity ratio was 52.6% (43.6%). ROE was 24.9% (16.7%).
- A dividend of EUR 0.85 per share is proposed by the Board of Directors.
Orion Corporation
Jukka Viinanen Jari Karlson
President and CEO CFO
Contact persons:
Jukka Viinanen, President and CEO, phone +358 10 429 3710
Jari Karlson, CFO, phone +358 10 429 2883, gsm +358 50 429 2883
Attachments:
Report by the Board of Directors
Reviews of the business segments
The following tables:
Group Income Statement
Group Balance Sheet
Contingent liabilities
Statement of cash flows
Statement of changes in the Equity
Figures by segments
Orion Group 5-year financial performance
Performance per share and ownership base
FAS-IFRS reconciliations
Press conference + on-line webcasting in Finnish
A press conference on the Financial Statements will be held on Thursday, 9 February 2006 starting
at 14.00 p.m. Finnish time (12.00 GMT), in the auditorium of the head office of Orion Corporation, address Orionintie 1A, Espoo. The language of the conference is Finnish. The webcast event can be followed on-line via the Finnish homepage of Orion, www.orion.fi, as well as via the Kauppalehti Live web service.
at 14.00 p.m. Finnish time (12.00 GMT), in the auditorium of the head office of Orion Corporation, address Orionintie 1A, Espoo. The language of the conference is Finnish. The webcast event can be followed on-line via the Finnish homepage of Orion, www.orion.fi, as well as via the Kauppalehti Live web service.
Teleconference in English
A teleconference in English will be arranged on Thursday, 9 February 2006 starting at 17.00 p.m. Finnish time (15.00 p.m. GMT). Guidance for participating the teleconference is provided on the front page of www.orion.fi.
Webcast presentations
The webcast presentations of the Financial Statements will be available on demand
on the English and Finnish homepages www.orion.fi later in the evening of 9 February 2006.
on the English and Finnish homepages www.orion.fi later in the evening of 9 February 2006.
In the calendar for 2006
On 30 June 2006, Orion Corporation will demerge into two new listed companies, new Orion Corporation and Oriola-KD Corporation. The present Orion will be dissolved at the same date. The timings for post-demerger events will be communicated as soon as the schedules have been established for the new companies by their Boards of Directors, respectively.
Before the demerger:
Annual Report 2005 published week 10/2006
AGM of Orion Corporation 21 March 2006 at 17.00, Helsinki Fair Center
Record date for dividend payment 24 March 2006
Record date for dividend payment 24 March 2006
Dividend payment date 31 March 2006
Interim Report 1-3/2006 of the demerging Orion 8 May 2006
Stock Option Plan 2001 ends 31 May 2006
Listing particulars for the new Orion
Corporation and Oriola-KD Corporation about 15 June 2006
Corporation and Oriola-KD Corporation about 15 June 2006
Effective date of the demerger 30 June 2006
After the demerger:
Listing of the new companies 3 July 2006
Meeting of the shareholders of the demerged Orion 16 October 2006 at 16.00, Helsinki Fair Center
The financial reviews, reports and the related presentation material will be available on the Group homepage www.orion.fi/investors instantly upon publication. The homepage also provides a facility for registration on the company's mailing lists for publications and news releases.