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Kemira Oyj's published financial statements bullet in 2011

February 09/2012

(kemira) -- Kemira Oyj publishes its financial statement bulletin enclosed to stock exchange release.

Kemira reported on Wednesday a 50.6% year-on-year increase in its net profit to EUR37.8m (USD50.4m) in the fourth quarter of last year, despite a surge in raw materials prices.
The firms revenues slipped by 0.6% year on year to EUR543.3m, while earnings before interest, taxes, depreciation and amortisation (EBITDA) fell by 2.81% to EUR65.9m, the company said in a statement.

Raw material prices increased rapidly in the beginning of the year, it said.
The prices for some of our key raw materials have continued to increase during the second half of the year and are still at a very high level, the company added.
The firms net profit fell to EUR140.3m in the full year of 2011, compared with EUR646.9m in the same period a year earlier, the firm said.

Author:Anna Larionova
Category:General News
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