Our energy costs increased more than expected in the fourth quarter. Production and sales volumes in Europe were also relatively low in this period, partly because of high sales in the second and third quarters.

We have a good business in Brazil and an internal study shows a second paper machine would be profitable. Still, we have had to postpone the investment decision due to the tax changes which haven't been carried out.

Retail sales were soft, energy prices were high and the disasters affected people in the Southeast.

Our business will push the sales of both retailers and suppliers.

There is no production (at the Saudi plant) at all? We are losing $1.5 million in sales every day.

Every negative development in the oil price slams the energy stocks. Oil companies are increasingly dependent on higher oil prices because their own costs are also rising.