Key figures* 2002 2003 2004 % of the Group

Sales, EUR million 3 427.4 3 197.7 3 173.1 23.4

Operating profit, EUR million 298.3 153.5 64.3 19.1

% of sales 8.7 4.8 2.0

Operating capital, EUR million 3 625.0 3 343.6 3 378.8 29.7

Return on operating capital, % 7.7 4.4 1.9

Capital expenditure, EUR million 131.6 219.1 198.6 20.4

Average number of employees 9 288 9 521 8 921 20.4

Market-related production curtailments, 1 000 tonnes 274 176 43
*excluding goodwill

1 000 tonnes Deliveries 2002 Deliveries 2003 Deliveries 2004 Capacity 2005

Office (uncoated) paper 1 330 1 347 1 393 1 700

Graphic (coated) paper 1 826 1 900 2 120 2 415

Speciality paper 276 344 380 460

Total 3 432 3 591 3 893 4 575

Click to view charts

1. World's leading coated fine paper producers, January 2005

2. World's leading uncoated fine paper producers, January 2005

3. Fine paper price trend in Germany

4. Fine paper price trend in USA