Fiskars’ Interim Report January 1 – June 30, 2010

STRONG GROWTH IN NET SALES AND OPERATING PROFIT IN THE SECOND QUARTER

Second quarter 2010 highlights:
– Net sales increased 9% to EUR 195.9 million (179.0)
– Operating profit increased to EUR 22.2 million (12.6)
– Earnings per share were EUR 0.35 (0.29)
– Cash flow from operating activities was EUR 31.4 million (32.2)
– Outlook for 2010 unchanged: full-year net sales and operating profit,
excluding non-recurring items, to increase compared to 2009

Fiskars President and CEO, Kari Kauniskangas:
"Fiskars' performance in the second quarter of 2010 was exceptionally strong.
Net sales continued to grow in Europe where the Home and Garden business
areas improved and the boat business is recovering. We have succeeded in
strengthening our operations and recorded a significant increase in our
operating profit in Europe. In the Americas the development has been more
stable, resulting in only a slight increase in operating profit.

We had an excellent first half of the year thanks to our European business.
As the garden and boat seasons are now passing, the second half of the year
in Europe will rely on the Home business. In the Americas the market
development remains more difficult to predict."

Group key figures

EUR million Q2 Q2 Change Q1-Q2 Q1-Q2 Change Q1-Q4
2010 2009 % 2010 2009 % 2009

Net sales 195.9 179.0* 9 365.9 345.6* 6 660.3*
Operating profit (EBIT) 22.2 12.6 76 34.8 21.2 64 39.5
Share of profit from
associate 13.2 16.7 -21 18.6 32.0 -42 66.5
Change in the fair value
of biological assets -0.6 0.0 -1.2 -0.2 -0.4
Profit before taxes 34.0 24.2 40 49.7 42.6 17 91.4
Profit for the period 28.4 22.6 26 41.3 39.6 4 83.5
Earnings per share, EUR 0.35 0.29 18 0.50 0.51 -2 1.05
Equity per share, EUR 6.41 5.86 9 6.16
Cash flow from
operating activities 31.4 32.2 -3 44.8 47.4 -6 121.0
Equity ratio, % 53% 47% 52%
Net gearing, % 44% 69% 47%
Capital expenditure 5.0 4.0 27 7.6 8.0 -5 14.6
Personnel (FTE), average 3,594 3,879 -7 3,576 3,982 -10 3,867

*) The figures for 2009 include changes due to the reclassification of
certain accounts. Please see the notes to the interim report.

Further information:
– President and CEO Kari Kauniskangas, tel. +358 204 39 5500
– CFO Teemu Kangas-Kärki, tel. +358 204 39 5703

News conference:
An analyst and press conference on the second quarter results will be held on
August 5, 2010, at 10:00 am at the company's headquarters: Fiskars Campus,
Hämeentie 135 A, Helsinki. Presentation materials will be available at
www.fiskarsgroup.com.

FISKARS' INTERIM REPORT, JANUARY – JUNE 2010
(IFRS, unaudited)

Group performance in Q2 2010

Fiskars' consolidated net sales in the second quarter of 2010 increased by 9%
to EUR 195.9 million (Q2 2009: 179.0 million). At comparable currency rates,
sales increased by 4%.

Net sales for EMEA (Europe, Middle East, and Asia-Pacific) were EUR 127.1
million (115.9) as a result of sales growth in all business areas. Net sales
for the Americas were also higher, at EUR 71.0 million (65.9), due to the
stronger US dollar.

The Group's operating profit increased by 76% to EUR 22.2 million (12.6,
including 0.4 million of non-recurring costs). The operating profit for EMEA
was EUR 14.8 million (5.3), driven by better performance in the Home, Garden,
and Boat businesses. The operating profit for the Americas was EUR 11.3
million (10.5).

Fiskars' share of profit from its associated company, Wärtsilä, during the
second quarter was EUR 13.2 million (16.7), and the change in the fair value
of standing timber was EUR -0.6 million (0.0).

Net financial costs were EUR 0.8 million (5.1). In 2009 the valuation of
currency derivatives increased financial costs. The second-quarter
profit before taxes was EUR 34.0 million (24.2). The profit for the
second quarter was EUR 28.4 million (22.6), and earnings per share were
EUR 0.35 (0.29).

Group performance in January – June 2010

The Group's net sales in the first half of 2010 increased by 6% to EUR 365.9
million (Q1-Q2 2009: 345.6 million). At comparable currency rates, sales
increased by 3%. Net sales for EMEA were EUR 246.9 million (226.6), and EUR
123.5 million (124.5) for the Americas.

The Group's operating profit increased by 64% to EUR 34.8 million (21.2,
including 0.5 million of non-recurring costs). The operating profit for EMEA
was EUR 24.0 million (9.8) and EUR 17.5 million (17.1) for the Americas.

Fiskars' share of profit from its associated company was EUR 18.6 million
(32.0), and the change in the fair value of standing timber was EUR -1.2
million (-0.2).

Net financial costs were EUR 2.6 million (10.4). In 2009 the valuation
of currency derivatives increased financial costs. Profit before taxes
was EUR 49.7 million (42.6) and profit for the period was EUR 41.3
million (39.6). Earnings per share were EUR 0.50 (0.51).

Capital expenditure

Capital expenditure was EUR 5.0 million (4.0) in the second quarter and
depreciation was EUR 5.8 million (8.5). Investments were largely production-
related replacement investments. Capital expenditure for the first half of
the year as a whole totaled EUR 7.6 million (8.0) and depreciation was EUR
11.6 million (15.3).

Financing

Cash flow from operating activities was EUR 31.4 million (32.2) in the second
quarter and EUR 44.8 million (47.4) in the first half of the year. Dividends
paid by associated company Wärtsilä in March totaled EUR 29.5 million (25.3).
Cash flow from investing activities was EUR -5.0 million (-3.3) and cash flow
after investing activities was EUR 26.4 (28.8) in the second quarter.

Fiskars' net working capital was EUR 121.1 million (152.0) as of the end of
June. The equity ratio was 53% (47%) and net gearing was 44% (69%). In
addition, the market value of Fiskars' shares in its associated company
Wärtsilä was EUR 321.5 million (110.9) higher than the book value of these
shares.

Cash and cash equivalents at the end of the period totaled EUR 10.8 million
(10.0). Net interest-bearing debt amounted to EUR 231.5 million (308.4),
which was EUR 25.7 million lower compared to the end of March 2010. Short-
term borrowings totaled EUR 164.9 million (228.1) and long-term borrowings
EUR 77.8 million (93.1). Short-term borrowings are mainly commercial papers
issued by Fiskars Corporation. A capital loan of EUR 45.1 million, issued in
2004, was repaid on June 17, 2010. In addition, Fiskars had EUR 425.0 million
(415.0) in unused, binding long-term credit facilities, mainly with major
Nordic banks.

Personnel

The Group employed an average of 3,576 (3,982) full-time equivalent employees
(FTEs) in January – June: 2,843 (3,095) people in EMEA, 593 (773) in the
Americas, and 140 (114) in Other. As of the end of June, the number of
employees was 3,910 (3,852).

Operating segments in Q2 2010

Fiskars' operating segments are EMEA (Europe, Middle East, and Asia-Pacific),
Americas, Wärtsilä (associated company), and Other (Real Estate, corporate
headquarters and shared services). The company's business areas are Home
(homeware and school, office & craft), Garden, and Outdoor (outdoor equipment
and boats).

EMEA in Q2 2010

EUR million Q2 Q2 Change Q1-Q4
2010 2009 % 2009

Net sales 127.1 115.9 10 451.6
Net sales, currency neutral 127.1 119.4 6 464.2
Operating profit 14.8 5.3 181 26.5
Capital expenditure 3.0 2.8 8 10.6
Personnel (FTE), average 2,843 3,095 -8 3,006

Net sales in EMEA in the second quarter increased 10% to EUR 127.1 million
(115.9). Using comparable currency rates, sales were up 6%.

The Home business area had a strong quarter. Net sales rose in Finland,
Sweden, and Italy in particular. The Iittala and Arabia brands continued to
perform well. Sales of school, office, and craft products declined compared
to 2009.

Net sales at the Garden business area were up. The market has developed well
and the late spring had a positive effect on the quarter's business by
postponing sales from the first quarter to the second. Sales of Fiskars
branded garden tools grew in most market areas. The market for construction
tools is also recovering. Investments in marketing and brand-building
continued, with a focus on Germany where sales have increased significantly.

The Outdoor business area increased its net sales due to good boat sales.
Sales of outdoor equipment remained at 2009 levels, however. The market-
leading position of Buster boats in Finland has been further strengthened.
Strong new product development continued, and a new boat brand, Drive, was
launched during the quarter. Deliveries for Drive Boats started in July.

The segment recorded an operating profit of EUR 14.8 million (5.3), due to
higher volumes and gains in production efficiency in the Home and Garden
business areas. Improved boat sales enabled the Outdoor business area to
return to profit. The EBIT figure for Q2 2009 included write-downs of EUR 1.9
million in the boat business.

The Finnish Competition Authority (FCA) proposed on April 29, 2010 to the
Market Court that a fine of EUR 4 million should be imposed on Iittala Group
Oy Ab, a Fiskars subsidiary, due to violation of the Finnish Competition Act.
The Iittala Group submitted its answer to the Market Court on June 30, 2010,
in which it denied all FCA claims and requested the Market Court to dismiss
the FCA's proposal in its entirety as being without merits. The Market Court
will decide on the matter in due course. No provision has been booked for the
proposed fine.

Americas in Q2 2010

EUR million Q2 Q2 Change Q1-Q4
2010 2009 % 2009

Net sales 71.0 65.9 8 218.2
Net sales, currency neutral 71.0 71.1 0 236.0
Operating profit 11.3 10.5 7 23.9
Capital expenditure 1.4 0.9 63 2.8
Personnel (FTE), average 593 773 -23 742

Net sales in the Americas increased by 8% to EUR 71.0 million (65.9) due to
the stronger US dollar. Using comparable currency rates, sales remained at
2009 levels.

Net sales at the Garden business area remained on a good level, driven by
strong sales of new product categories, such as reel mowers.

The Home business area in the Americas consists of school, office, and craft
(SOC) products. Net sales were down due to the divestment of the craft
consumables business in July 2009. This decline was partly offset by
increased sales of scissors and other SOC tools.

In the Outdoor business area, a decline in net sales due to the Brunton
divestment in December 2009 was mostly offset by higher sales of Gerber
products.

The segment's operating profit was EUR 11.3 million (10.5) due to stronger
performance in the Gerber business. Increased raw material prices in Garden
and SOC had a negative impact on the operating profit, however.

Other in Q2 2010

EUR million Q2 Q2 Change Q1-Q4
2010 2009 % 2009

Net sales 1.2 1.1 5 6.1
Operating profit -3.9 -3.2 21 -10.9
Capital expenditure 0.5 0.3 100 1.2
Personnel (FTE), average 140 114 23 119

Fiskars' Other segment covers the Real Estate unit, corporate headquarters,
and shared services.

Net sales were EUR 1.2 million (1.1) in the second quarter and largely
consisted of timber sales and rental income. The operating profit was EUR
-3.9 million (-3.2, including 0.4 million of non-recurring costs).

Wärtsilä in Q2 2010

Fiskars owns 17.1% of the shares and votes of its associated company,
Wärtsilä Corporation. Fiskars' share of Wärtsilä's profit totaled EUR 13.2
million (16.7) during the second quarter.

The market value of Fiskars' Wärtsilä shares was EUR 631.2 million (386.5) or
EUR 7.71 (4.99) per Fiskars' share at the end of the period, with a closing
price of EUR 37.47 (22.94) per Wärtsilä share. The book value of these shares
in the consolidated balance sheet was EUR 309.7 million (275.6).

Corporate governance

Fiskars complies with the Finnish Corporate Governance Code issued by the
Securities Market Association, which came into force on January 1, 2009.
Fiskars' Corporate Governance Statement for 2009 in accordance with
Recommendation 51 of the Code was issued on February 11, 2010 as a separate
report.

Fiskars also complies with the insider regulations of NASDAQ OMX Helsinki,
updated on October 9, 2009, and the company's internal insider guidelines
were last updated on November 3, 2009.

Share and shareholders

Fiskars Corporation has one series of shares (FIS1V), following the
combination of the company's series A and K shares in July 2009. All shares
carry one vote each and equal rights.

The total number of shares at the end of the period was 82,023,341, including
112,619 treasury shares. Treasury shares correspond to 0.14% of the
Corporation's shares and votes. The Board of Directors has authorizations to
acquire and/or convey 4,000,000 company shares. The Board may decide on the
acquisition and conveyance of shares also in derogation of the pre-emptive
right of shareholders to company shares. The authorizations were not used
during the reporting period. The share capital remained unchanged at EUR
77,510,200.

Shares are traded in the Large Cap segment of NASDAQ OMX Helsinki Ltd. The
average share price during the quarter was EUR 11.90 (A share 8.24; K share
10.47). As of the end of June, the closing price was EUR 11.73 per share (A
share 8.35; K share 10.11). Fiskars had a market capitalization of EUR 960.8
million (686.0), excluding treasury shares, as of the end of June. The number
of shares traded during the first half was 2.4 million (1.6), which is 2.9%
of the average number of shares.

Fiskars paid on March 26, 2010 a dividend of EUR 0.52 per share, totaling EUR
42.6 million.

The total number of shareholders was 12,119 (10,866) as of the end of June.
Fiskars was not informed of any significant change among its largest
shareholders during period.

Risks and business uncertainties

Fiskars' business, sales, and financial performance may be affected by
several uncertainties. The principal uncertainties are related to:
– General market conditions and a potential decline in consumer demand in
Fiskars' major market areas in Europe and North America
– Loss of or reduced sales to major retail customers, retailers' financial
difficulties, and disruptions in the activities of a distribution channel
– Availability of products due to supply chain issues
– Adverse weather conditions in the Garden business area
– Seasonal variations, which can make predicting developments more difficult,
especially in the Home business area, which is heavily geared towards the
end of the year
– Sudden fluctuations in raw material and energy prices; the most important
raw materials being steel, aluminum, and plastic
– Major changes in the profitability of associated company Wärtsilä or its
ability to pay dividends.

Outlook for 2010

The market situation is slowly recovering in Europe while the market
development in the Americas remains more difficult to predict. Consumer
demand is stabilizing but retailer purchasing is expected to remain cautious
in the Americas in particular.

Fiskars expects to strengthen its business and will continue implementing
measures designed to improve its profitability and competitiveness in 2010.
Investments in brands and product development will be increased, as the
Group's capabilities in these areas are central to its success in a
challenging market situation.

The outlook for 2010 remains unchanged. Fiskars' net sales in 2010 are
expected to be above 2009 levels. Full-year operating profit, excluding non-
recurring items, is expected to increase compared to 2009.

Associated company Wärtsilä will continue to have a major impact on Fiskars'
profit and cash flow in 2010.

Helsinki, Finland, August 4, 2010

Fiskars Corporation
Board of Directors

CONSOLIDATED INCOME STATEMENT 4-6 4-6 Change 1-6 1-6 Change 1-12
2010 2009* % 2010 2009* % 2009*
MEUR MEUR MEUR MEUR MEUR

NET SALES 195.9 179.0 9 365.9 345.6 6 660.3

Cost of goods sold -125.6 -120.6 4 -235.9 -233.0 1 -439.2
GROSS PROFIT 70.3 58.4 20 130.0 112.7 15 221.1

Other operating income 0.3 0.4 1.3 1.1 1.8
Sales and marketing expenses -30.0 -27.1 11 -60.2 -56.1 7 -114.2
Administration expenses -16.2 -16.5 -2 -32.2 -31.8 1 -60.0
Research and development costs -2.0 -2.5 -17 -4.0 -4.5 -12 -8.7
Other operating expenses 0.0 -0.1 0.0 -0.1 -0.5
OPERATING PROFIT (EBIT) 22.2 12.6 76 34.8 21.2 64 39.5

Change in fair value of
biological assets -0.6 0.0 -1.2 -0.2 -0.4
Share of profit from associate 13.2 16.7 -21 18.6 32.0 -42 66.5
Other financial income
and expenses -0.8 -5.1 -84 -2.6 -10.4 -75 -14.2
PROFIT BEFORE TAXES 34.0 24.2 40 49.7 42.6 17 91.4

Income taxes -5.6 -1.6 -8.4 -3.0 -7.9
PROFIT FOR THE PERIOD 28.4 22.6 26 41.3 39.6 4 83.5

Attributable to:
Owners of the Company 28.4 22.6 25 41.3 39.7 4 83.5
Non-controlling interest 0.0 0.0 0.0
28.4 22.6 41.3 39.6 83.5

Earnings for owners of the Company per
share, euro (basic and diluted) 0.35 0.29 0.50 0.51 1.05

OTHER COMPREHENSIVE INCOME 4-6 4-6 1-6 1-6 1-12
2010 2009 2010 2009 2009
MEUR MEUR MEUR MEUR MEUR

Profit for the period 28.4 22.6 41.3 39.6 83.5

Translation differences 10.2 -3.6 18.5 0.2 -1.9
Change in associate recognized
directly in other comprehensive income 1.5 5.1 3.8 5.4 12.7
Cash flow hedges -0.4 -0.4
Equity net investment hedges after tax 2.0 0.5 1.3
Defined benefit plan, actuarial
gains (losses), net of tax 0.0 0.0 0.0 -0.5 0.7

Other comprehensive income
for the period, net of tax, in total 11.3 3.6 21.8 5.6 12.8

Total comprehensive income
for the period 39.7 26.2 63.1 45.3 96.3

Attributable to:
Owners of the Company 39.7 26.2 63.1 45.2 96.3
Non-controlling interest 0.0 0.0 0.0
39.7 26.2 63.1 45.3 96.3

*) The previous year's figures include changes due to
reclassification of certain accounts.
Please see the notes to the interim financial statements.

CONSOLIDATED BALANCE SHEET 6/2010 6/2009 Change12/2009
MEUR MEUR % MEUR
ASSETS

NON-CURRENT ASSETS
Goodwill 100.6 99.7 1 99.4
Other intangible assets 128.2 128.0 0 124.9
Property, plant & equipment 94.3 108.2 -13 99.5
Biological assets 37.7 39.0 -3 38.9
Investment property 8.6 7.8 10 8.5
Investments in associates 309.7 275.6 12 316.8
Financial assets
Shares at fair value through profit and loss 3.8 2.8 35 3.0
Other investments 1.9 2.1 -7 2.1
Deferred tax assets 18.7 22.3 -16 17.8
NON-CURRENT ASSETS TOTAL 703.4 685.5 3 710.9

CURRENT ASSETS
Inventories 136.1 145.6 -7 119.0
Trade and other receivables 132.6 116.1 14 101.9
Income tax receivables 4.6 7.2 -36 2.9
Cash and cash equivalents 10.8 10.0 7 38.6
CURRENT ASSETS, TOTAL 284.1 279.0 2 262.4

ASSETS TOTAL 987.5 964.5 2 973.3

EQUITY AND LIABILITIES

Equity attributable to the
owners of the Company 525.3 453.8 16 504.8
Non-controlling interest 0.0
EQUITY TOTAL 525.3 453.8 16 504.8

NON-CURRENT LIABILITIES
Interest bearing debt 77.8 93.1 -16 74.9
Other liabilities 2.5 1.2 102 0.9
Deferred tax liabilities 47.0 48.2 -2 47.2
Pension liability 9.6 9.4 2 9.4
Provisions 5.3 9.1 -42 6.7
NON-CURRENT LIABILITIES TOTAL 142.1 161.1 -12 139.1

CURRENT LIABILITIES
Interest bearing debt 164.9 228.1 -28 199.7
Provisions 3.9 2.3 70 2.4
Trade and other payables 140.7 111.4 26 121.3
Income tax payable 10.4 7.8 34 6.1
CURRENT LIABILITIES TOTAL 320.0 349.6 -8 329.4

EQUITY AND LIABILITIES TOTAL 987.5 964.5 2 973.3

CONSOLIDATED STATEMENT 4-6 4-6 1-6 1-6 1-12
OF CASH FLOWS 2010 2009 2010 2009 2009
MEUR MEUR MEUR MEUR MEUR
CASH FLOW FROM OPERATING ACTIVITIES
Profit before taxes 34.0 24.2 49.7 42.6 91.4
Adjustments for
Depreciation 5.8 8.5 11.6 15.3 28.1
Share of profit from associate -13.2 -16.7 -18.6 -32.0 -66.5
Investment income 0.0 0.0 -0.9 0.0 0.3
Interest expenses 0.8 5.2 2.6 10.4 14.2
Change in fair value of biological assets 0.6 0.0 1.2 0.2 0.4
Change in provisions and other non-cash ite 0.3 -3.6 -1.8 -4.0 -12.4
Cash flow before changes in working capital 28.4 17.5 43.8 32.7 55.6

Changes in working capital
Change in current assets,
non-interest bearing 8.8 12.9 -21.1 -12.2 -0.7
Change in inventories -7.0 17.1 -9.2 17.6 50.3
Change in current liabilities,
non-interest bearing 7.7 -6.7 12.7 -4.9 4.1
Cash flow from operating activities
before financial items and taxes 37.9 40.8 26.3 33.2 109.3

Dividends from associate 29.5 25.3 25.3
Financial costs paid (net) -3.7 -5.8 -5.0 -10.3 -13.8
Taxes paid -2.8 -2.9 -6.0 -0.8 0.2
CASH FLOW FROM OPERATING ACTIVITIES (A) 31.4 32.2 44.8 47.4 121.0

CASH FLOW FROM INVESTING ACTIVITIES
Acquisitions -0.2 -0.2 -0.2
Capital expenditure on fixed assets -4.8 -3.8 -7.4 -7.9 -14.5
Proceeds from sale of fixed assets 0.2 0.6 2.4 0.7 1.6
Cash flow from other investments -0.4 0.1 -0.2 0.1 4.2
CASH FLOW FROM INVESTING ACTIVITIES (B) -5.0 -3.3 -5.2 -7.2 -8.7

CASH FLOW FROM FINANCING ACTIVITIES
Borrowings of non-current debt 40.0 40.0
Repayment of non-current debt 0.0 -50.1 -0.3 -65.8 -86.5
Change in current debt -21.9 15.3 -22.7 25.3 2.0
Payment of financial lease liabilities -0.5 -0.6 -0.8 -1.2 -2.5
Cash flow from other financing items -0.7 -0.7 -1.4 -1.6 -0.1
Dividends paid -42.6 -38.2 -38.2
CASH FLOW FROM FINANCING ACTIVITIES (C) -23.1 -36.1 -67.8 -41.5 -85.4

CHANGE IN CASH (A+B+C) 3.2 -7.3 -28.2 -1.4 26.9

Cash at beginning of period 7.4 17.3 38.6 11.3 11.3
Translation difference 0.1 0.1 0.4 0.1 0.5
Cash at end of period 10.8 10.0 10.8 10.0 38.6

STATEMENT OF CHANGES IN Equity attributable to the Non-cont- Total
CONSOLIDATED EQUITY owners of the Company: rolling
Trea- Cumul. interest
Share sury transl. Retain.
capital shares diff. earn.
MEUR MEUR MEUR MEUR MEUR MEUR

Dec 31, 2008 77.5 -0.8 -16.5 386.5 0.0 446.7

Total comprehensive income for
the period 0.0 3.0 42.3 0.0 45.3
Dividends paid -38.2 -38.2
Acquisition of non-controlling interest 0.1 0.1

Jun 30, 2009 77.5 -0.8 -13.4 390.5 0.0 453.8

Total comprehensive income for
the period 0.7 50.3 0.0 51.0
Dividends paid 0.0 0.0

Dec 31, 2009 77.5 -0.8 -12.8 440.9 0.0 504.8

Total comprehensive income for
the period 0.0 21.8 41.4 0.0 63.1
Dividends paid -42.6 -42.6

Jun 30, 2010 77.5 -0.8 9.0 439.6 0.0 525.3

KEY FIGURES * 6/2010 6/2009 Change12/2009
%
Equity/share, euro 6.41 5.86 9 6.16
Equity ratio 53% 47% 13 52%
Net gearing 44% 69% -36 47%
Net interest bearing debt, EUR million 231.5 308.4 -25 235.7
Personnel (FTE), average 3,576 3,982 -10 3,867
Personnel, end of period 3,910 3,852 2 3,742
Number of shares outstanding end of period,
in thousands
A shares ** 54,832
K shares ** 22,565
Total 81,911 77,398 81,911
Weighted average number of outstanding shares
during period, in thousands 81,911 77,398 79,289

CURRENCY RATES 1-6 1-6 Change 1-12
2010 2009 % 2009
USD average rate 1.33 1.33 0 1.39
USD end-of-period 1.23 1.41 -13 1.44

*) Please see the annual financial statements 2009
for the calculation of key figures.
**) The share series of Fiskars Corporation were combined in July 2009.
Please see the notes to the interim financial statements.

NOTES TO THE INTERIM FINANCIAL STATEMENTS

This interim financial statement bulletin is prepared in accordance with
IAS 34 (Interim Financial Reporting) using the same accounting policies and
methods of computation as in the previous annual financial statements.
The interim financial statements are unaudited.

All figures in the accounts have been rounded and consequently the sum of
individual figures can deviate from the presented sum figure.

The previous year's figures include changes due to reclassification of
certain accounts. The main impacts of the reclassification for 2009 are
summarized below:
– net sales EUR -0.6 million in Q2 2009, EUR -1.2 in Q1-Q2 2009
and EUR -2.6 million in full year 2009
– gross profit EUR -1.0 million in Q2 2009, EUR -2.0 million in Q1-Q2 2009
and EUR -5.6 million in full year 2009
– the operating profit (EBIT) of 2009 is unchanged

Additionally, Fiskars has adopted following definitions for employee
reporting in 2010:
Personnel, end of period = active employees in payroll at the end of period.
Personnel (FTE), average = full-time equivalent number of
employees according to worked volume during the period.

Fiskars has applied hedge accounting to changes in the fair value of
derivatives designated, qualifying, and effective as cash flow hedges.
The changes are recognized in Other comprehensive income.

The share series of Fiskars Corporation were combined in July 2009.
The earnings per share (EPS) in the comparison year´s second half includes
the effect from the change in the number of shares after the combination.

The Group has implemented new or amended IAS/IFRS standards and interpretations
mandatory as of January 1, 2010. Of these the most important are:
– Annual improvements to IFRS
– Revised IFRS 3 Business Combinations
– Amended IAS 27 Consolidated and Separate Financial Statements

The adoption of the standards above had no impact on the reported
results or financial position.

Use of estimates:
The preparation of the financial statements in accordance with IFRS requires
management to make estimates and assumptions that affect the valuation of the
reported assets and liabilities and other information, such as contingent
liabilities and the recognition of income and expenses in the income statement.
Although the estimates are based on the management's best knowledge of current
events and actions, actual results may differ from the estimates.

OPERATING SEGMENTS 4-6 4-6 Change 1-6 1-6 Change 1-12
NET SALES 2010 2009* % 2010 2009* % 2009*
MEUR MEUR MEUR MEUR MEUR
EMEA 127.1 115.9 10 246.9 226.6 9 451.6
Americas 71.0 65.9 8 123.5 124.5 -1 218.2
Other 1.2 1.1 5 2.8 2.8 1 6.1
Inter-segment sales **) -3.4 -3.9 -7.3 -8.3 -15.5
GROUP TOTAL 195.9 179.0 9 365.9 345.6 6 660.3

OPERATING SEGMENTS 4-6 4-6 1-6 1-6 1-12
OPERATING PROFIT (EBIT) 2010 2009* 2010 2009* 2009*
MEUR MEUR MEUR MEUR MEUR
EMEA 14.8 5.3 181 24.0 9.8 144 26.5
Americas 11.3 10.5 7 17.5 17.1 2 23.9
Other and eliminations -3.9 -3.2 -6.6 -5.7 -10.9
GROUP TOTAL 22.2 12.6 76 34.8 21.2 64 39.5

OPERATING SEGMENTS
DEPRECIATION, AMORTIZATION 4-6 4-6 1-6 1-6 1-12
AND IMPAIRMENT 2010 2009* 2010 2009* 2009*
MEUR MEUR MEUR MEUR MEUR
EMEA 4.0 6.1 -35 8.0 10.4 -23 20.5
Americas 1.4 2.0 -30 2.7 4.0 -32 7.8
Other and eliminations 0.5 0.4 0.9 0.9 -0.1
GROUP TOTAL 5.8 8.5 -32 11.6 15.3 -24 28.1

OPERATING SEGMENTS 4-6 4-6 1-6 1-6 1-12
CAPITAL EXPENDITURE 2010 2009 2010 2009 2009
MEUR MEUR MEUR MEUR MEUR
EMEA 3.0 2.8 8 4.6 5.9 -22 10.6
Americas 1.4 0.9 63 2.1 1.4 49 2.8
Other and eliminations 0.5 0.3 0.8 0.6 1.2
GROUP TOTAL 5.0 4.0 27 7.6 8.0 -5 14.6

*) The previous year's figures include changes due to
reclassification of certain accounts.
Please see the notes to the interim financial statements.

**) Inter-segment sales
EMEA -1.9 -1.4 -4.4 -4.5 -7.7
Americas -0.9 -1.4 -1.7 -2.4 -4.6
Other -0.6 -1.1 -1.2 -1.4 -3.2

Short delivery times are a prerequisite in Fiskars' operations.
Therefore, the backlog of orders and changes in it are not of
significant importance.

BUSINESS AREAS 4-6 4-6 Change 1-6 1-6 Change 1-12
NET SALES 2010 2009* % 2010 2009* % 2009*
MEUR MEUR MEUR MEUR MEUR
Home 72.1 67.3 7 135.1 130.7 3 297.3
Garden 87.8 80.0 10 167.7 148.6 13 230.9
Outdoor 35.4 31.2 14 61.5 64.7 -5 128.4
Other 0.6 0.5 1.6 1.6 3.7
GROUP TOTAL 195.9 179.0 9 365.9 345.6 6 660.3

INTANGIBLE AND TANGIBLE ASSETS 6/2010 6/200912/2009
MEUR MEUR MEUR
Intangible Assets and Goodwill
Book value, Jan. 1 224.4 230.2 230.2
Currency translation adjustment 1.5 0.3 -0.1
Acquisitions and divestments 0.2 0.2 -0.5
Additions 0.6 0.3 1.0
Amortization and impairment -3.0 -3.5 -6.0
Decreases and transfers 4.9 0.1 -0.2
Book value at end of period 228.8 227.7 224.4

6/2010 6/200912/2009
Tangible Assets and Investment Property MEUR MEUR MEUR
Book value, Jan. 1 108.0 120.9 120.9
Currency translation adjustment 3.4 0.2 0.1
Acquisitions and divestments 0.4 -0.2 -1.5
Additions 6.9 7.6 13.6
Depreciation and impairment -9.3 -11.6 -22.0
Decreases and transfers -6.5 -0.9 -3.0
Book value at end of period 102.9 116.0 108.0

CONTINGENCIES AND PLEDGED ASSETS 6/2010 6/200912/2009
MEUR MEUR MEUR
As security for own commitments
Lease commitments 56 62 60
Other contingencies 5 5 4
Total 61 67 65

Guarantees as security for third-party commitments
Real estate mortgages 0 2 2
Pledged assets 0 0 2
Total 0 2 4

As security for subsidiaries' commitments
Guarantees 8 15 9

Total contingencies and pledged assets 70 85 78

NOMINAL AMOUNTS OF DERIVATIVES

Forward exchange contracts 136 111 151
Interest rate swaps 24 1 1
Electricity forward agreements 2 2 2

MARKET VALUE VS. NOMINAL AMOUNTS OF DERIVATIVES

Forward exchange contracts 1 -1 0
Interest rate swaps 0 0 0
Electricity forward agreements 0 0 0

Forward exchange contracts have been valued at market value.

The Group has no material investment commitments for intangible
assets or property, plant and equipment.

EXCHANGE RATE SENSITIVITY OF THE OPERATIONS

Approximately 10% of Fiskars' commerial cash flows are exposed
to fluctuations in foreign exchange rates. The most significant
risks relate to the depreciation of GBP, SEK and CAD against
USD and EUR. Foreign exchange risks are hedged primarily
through the use of currency forwards and swaps. Change in
valuation of currency derivatives is included in the
income statement without applying hedge accounting.

MEUR USD GBP SEK CAD
Operational currency position -11.6 4.7 8.1 4.0
Exchange rate sensitivity of the operations* 1.2 -0.5 -0.8 -0.4

*) Illustrates the impact of 10% exchange rate depreciation
on the Group's annual profit before taxes.

RELATED PARTY TRANSACTIONS

The dividend from Wärtsilä EUR 29.5 million is reported as Dividends from
associate in the Consolidated Statement of Cash Flows.
The dividend was received during the first quarter of 2010.

ACQUISITIONS AND DIVESTMENTS

In 2010 there are no acquisitions nor divestments.

The following acquisitions and divestments year 2009 have an impact on
the comparability of the figures in 2010.

Fiskars acquired a 30% minority share of Silva Far East Ltd in June 2009.
After the minority share acquisition, the manufacturing company in China became
a wholly owned subsidiary of Silva Sweden AB.

Fiskars sold the Brunton business in Wyoming, USA in December 2009 to
Fenix Outdoor AB (publ) of Sweden. Brunton was reported as a part
of Fiskars´Outdoor business. Brunton´s net sales in 2009 were EUR 8.8 million.

Fiskars divested its consumables product lines and the related brands
Heidi Grace and Cloud9 to Colorbök, Inc in the U.S. in July 2009.
Net sales of the business for January – June 2009 amounted to EUR 2.4 million.

FISKARS CORPORATION

Kari Kauniskangas
President & CEO

Fiskars is a leading global supplier of consumer products for the home,
garden, and outdoors. The Group has a strong portfolio of respected
international brands, including Fiskars, Iittala, Gerber, Silva, and
Buster. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is
Finland's oldest company. Fiskars recorded net sales of EUR 663 million
in 2009, and employs some 3,500 people.

www.fiskarsgroup.com