
Stock exchange release
April 7, 2005
SLOW START TO FISKARS BRANDS SPRING SEASON
SLOW START TO FISKARS BRANDS SPRING SEASON Fiskars Brands, Inc., subsidiary of Fiskars Corporation, had a slow start to its spring selling season of garden tools and experienced some changes in the distribution patterns of outdoor recreation equipment in the US. The sales and results of Inha Works have developed favorably. The operating profits of the Corporation's wholly-owned industrial operations was earlier predicted to remain slightly under last year's levels in the first quarter and that profitability then is expected to improve subsequently. The net sales of Fiskars Brands and Inha Works during the first quarter are now estimated at some EUR 130 million (138) and the operating profit to be around EUR 9 million (13). A late start to the season shortened the spring sales period, and Fiskars Brands does not expect to make up the lag during the rest of the year, which means the result of the industrial operations will be somewhat lower than last year's year-end results. Fiskars will publish its first quarter results on Wednesday, May 11, 2005. Heikki Allonen President and CEO