Regulatory
Press release
25 Jul 2007, 12:00 CET

Interim report January-June 2007

Published on July 25, 2007

Quarter January-June
2007 2007 2006
II I II 2007 2006

Net 1 884 1 932 1 839 3 816 3 624
turnover,
MSEK

Operating 17 177 107 194 171
profit/
loss, MSEK

Operating 1 9 6 5 5
margin, %

Profit/loss -9 151 85 142 128
after
financial
items, MSEK

Net profit/ -9 107 61 98 93
loss, MSEK

Earnings -0.17 2.08 1.18 1.91 1.81
per share,
SEK


January-June 2007 compared with January-June 2006
· Net turnover was MSEK 3,816 (3,624).
· Net profit was MSEK 98 (93).
· Earnings per share were SEK 1.91 (1.81).
· Operating profit increased by 13% to reach MSEK 194 (171).
· The market situation and demand remained very good with price
increases for all products.
· Prices for raw materials, especially wood, continue to rise.

April-June 2007 compared with January-March 2007

· The second quarter has, compared to the first quarter, MSEK 210 in
costs for periodic maintenance stops at the two largest mills.

Outlook for 2007

· The market is expected to remain good for the rest of the year with
opportunities for further price increases in local currencies.

· The prices for wood continued to increase during the second quarter
and further price increases have been announced, which will have an
impact in the second half of the year, thus further increasing costs for
wood supply.

For further information in connection with this report, please contact:
Per Lindberg, President and CEO, +46 8 553 335 01 or +46 70 248 15 17
and Bertil Carlsén, CFO, +46 8 553 335 07 or +46 730 211 092

Billerud’s PresidentPer Lindbergand CFO Bertil Carlsén will present the
interim report live at a press conference today, July 25, at 3 p.m.
Location: Spårvagnshallarna, Birger Jarlsgatan 57 A, Stockholm.