The first quarter was characterised by a continued strong market, resulting in a clear improvement in profits, in spite of certain items with a negative impact. The production in Vallvik was burdened by an unplanned shutdown, whilst Rottneros Mill set a new quarterly production record. In addition to lower production in Vallvik, the profit was held back by higher pulp wood prices and other disturbances due to the cold weather, as well as by pulp price hedges. Our systematic approach to increased efficiency is beginning to yield results and will be even more visible in our costs in the future.