HKScan Oyj announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of EUR 590.8 million against EUR 596.2 million a year ago. LBIT was EUR 1.1 million against EUR 0.2 million a year ago. Loss before taxes was EUR 5.9 million against EUR 7.3 million a year ago. Loss for the period attributable to equity holders of the parent was EUR 4.2 million or EUR 0.08 per diluted share against EUR 4.8 million or EUR 0.09 per diluted share a year ago. Net cash outflow from operating activities was EUR 20.5 million against EUR 9.0 million a year ago. Gross investments in property, plant and equipment were EUR 9.1 million against EUR 20.3 million a year ago. Net debt was EUR 472.2 million against EUR 489.6 million a year ago. The company also announced that the group EBIT for the year 2013 is estimated to improve from 2012.

The Annual General Meeting of HKScan Corporation was held on 24 April 2013. At the meeting the shareholders resolved that a dividend of EUR 0.10 per share be paid for 2012. The dividend shall be paid to shareholders who are registered as shareholders on the record date 29 April 2013 in the company’s shareholders’ register maintained by Euroclear Finland Ltd. The payment date is 7 May 2013.

HKScan Oyj announced at the AGM held on April 24, 2013 has resolved on amending the company’s Articles 8 and 9 in the Articles of Association so that the Board of Directors may include one to three deputy members when necessary and that the number of Board members can be increased to a maximum of eight actual members. In addition, concerning Article 12 of the Articles of Association, the AGM resolved to amend the number of auditors. That the company has at least one and a maximum of two auditors who must be auditors accepted by the Central Chamber of Commerce (CPA) or auditing firms. If only one auditor is appointed for the Company, and it is not an auditing firm approved by the Central Chamber of Commerce, one deputy auditor must be appointed.