Pulp & Paper News

Norske Skog improves operating earnings to NOK 642 million in 3Q



OXENOEN, Norway , Nov. 5, 2009 (Press Release) - Norske Skog's gross operating earnings were NOK 642 million in the third quarter of 2009, up from NOK 568 million in the second quarter, but NOK 70 million lower than the same period in 2008. Third-quarter improvements were a result of lower costs and higher sales volumes. Net interest bearing debt was reduced by NOK 2.2 billion in the third quarter.

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