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Press and stock exchange releases from Fiskars Corporation, dating from 1997 have been gathered onto this page. Additional financial data related to interim reports and the annual reports stock exchange releases can be retrieved from 2000 onwards.

 

Fiskars Corporation 	Stock Exchange Release August 11, 2006 at 2.15 pm

FISKARS CORPORATION INTERIM REPORT JANUARY-JUNE 2006
(Unaudited)


Fiskars second quarter net sales on the previous year's level
Net results improved by sale of Power Sentry and income from
associate  Wärtsilä

- Fiskars comparable net sales were EUR 151.3 million (150.6)
- The operating profit of EUR 36.9 million incorporates restructuring
  costs of EUR 5.0 million (0.0) as well as income from the associate
  Wärtsilä totaling EUR 25.1 million (5.9)
- Fiskars Brands restructuring project continues and in the second
  quarter the company announced the closure of four manufacturing
  plants in the US
- At the end of the quarter, Fiskars divested the non-core Power Sentry
  division
- Fiskars strengthened its Outdoor Recreation operations through an
  agreement to acquire the Swedish Silva Group

FISKARS CORPORATION IN BRIEF

EUR million                Q2/06  Q2/05  1-6/06  1-6/05  2005
Net sales                  151.3  150.6  290.4  275.9  509.9
Income from associate      25.1   5.9    33.9   12.1   28.6
Wärtsilä
Operating profit           36.9   22.5   52.8   37.7   22.7
Profit before taxes        33.2   70.4   47.5   83.6   65.4
Earnings per share,        0.48   0.87   0.64   1.00   0.75
continuing operations
Earnings per share, total  0.65   0.87   0.81   1.01   0.80
Profit for the period      50.2   67.6   62.7   77.9   62.1
Cash flow from             28.3   13.0   41.5   21.3   58.6
operations



FISKARS CORPORATION

Second Quarter, April-June 2006
Fiskars net sales for the second quarter were on the same level as the
previous year at EUR 151.3 million (150.6). The gross profit improved
somewhat and the operating profit was EUR 36.9 million (22.5). At EUR
16.8 million (16.6), the operating profit before restructuring costs of EUR
5.0 million for the Corporation's wholly-owned operations was at last year's
levels.

Net financial items were EUR 3.6 million (1.9) and pre-tax profit EUR 33.2
million (70.4).

The Power Sentry operations, divested at the end of the period, are now
discontinued operations. The EUR 18.3 million gain from the sale of Power
Sentry and the profit from its operations for 6 months deducted with related
tax totaling EUR 12.7 million (0.4), is thus reported as profit from
discontinued operations.

Profit for the second quarter was EUR 50.2 million (67.6). Profit reported in
2005 included a considerable gain on sale of Wärtsilä shares.

At the end of June, Fiskars signed an agreement to acquire the Swedish
Silva Group. The transaction was subject to approval by competition
authorities, who have since approved the acquisition. The transaction will be
completed as agreed at the end of August. The acquisition includes Silva
Sweden AB, its US subsidiary The Brunton Company, Silva Group's
European sales companies, and a majority holding in a production plant in
China, which began operations in 2005. Silva is well known for its
compasses, but the company is also an important supplier of other outdoor
recreation products, such as headlamps and binoculars. The transaction does
not encompass Silva's marine electronics operations.

Silva will become a part of the Fiskars Brands Outdoor Recreation division,
in which Gerber is the leading brand. It will be integrated with Fiskars
Brands operations during the fall.

January-June 2006 review period
Fiskars net sales during the review period increased by 5%, totaling EUR
290.4 million (275.9). The operating profit was EUR 52.8 million (37.7).
The operating profit for the Corporation's wholly-owned operations before
restructuring costs of EUR 5.6 million was EUR 24.5 million (25.6), with
profitability slightly down to 8.4% (9.3).

Net financial items were EUR 5.3 million (4.0) and the profit before taxes
was EUR 47.5 million (83.6). The profit from continuing operations during
the review period was EUR 49.7 million (77.4) and the total profit for the
period was EUR 62.7 million (77.9).

The Corporation's continuing operations employed 3,227 people at the end
of the period (3,571). At the beginning of the fiscal year the number of
personnel was 3,220.

FISKARS BRANDS, INC.

Second Quarter, April-June 2006
Fiskars Brands net sales were EUR 138.4 million (138.7). After
restructuring costs of EUR 5.0 million, the operating profit was EUR 10.0
million (16.2). In 2005, Fiskars Brands had booked non-recurring income
totaling EUR 1.1 million. In Europe the trend was positive despite a very
cold early spring, whereas sales on the US markets developed less
favorably. New products are being developed in all product groups while
sourcing is gradually being increased. The company continued to invest in
quality control, supply chain management and marketing.

At the end of June, Fiskars Brands divested its Power Sentry division in the
US. It is a supplier of primarily home electronics accessories and had no
manufacturing of its own. With personnel of 64, the division's net sales in
2005 were EUR 41 million.

The Fiskars Brands restructuring program, begun in the fall of 2005 to
streamline the company's production structure, continued as planned. The
company has announced the closure of four manufacturing plants in the US
and the accompanying reduction of personnel by a total of some 300
employees by the end of the fiscal year. Scissors, other cutting and plastic
crafts products which have been manufactured at the Wisconsin plants will
mainly be sourced in the future. The company has decided to discontinue
sales and production of floor mats and watering products which were part of
the Garden and Outdoor Living products category in the US. The annual net
sales of these products have been approximately EUR 21 million.
Restructuring costs of EUR 5.0 million, mainly personnel-related costs,
were booked during this second quarter. Total costs of the program are
expected to stay within the estimated EUR 50 million, of which some EUR
10 million will be booked during the current financial year.

January-June 2006 review period
Fiskars Brands net sales increased by 5% during the review period and
totaled EUR 266.4 million (253.5). The operating profit was EUR 17.7
million (24.8). The operating profit before restructuring costs was EUR 23.3
million.

Some 52% (57) of net sales were generated in the US during the review
period, while 45% (40) were generated in Europe.

Investments during the review period totaled EUR 6.1 million (14.7) and
were mainly focused on rationalizing production and logistics.

Personnel of Fiskars Brands numbered 2,864 employees at the end of the
period, having decreased by 42 since the beginning of the period. Closure of
the four manufacturing plants in the US will gradually further decrease
personnel by some 300 by the end of the fiscal year. Personnel in Finland
numbered 468 employees, which is a decrease of 61 since the beginning of
the fiscal year. Both the current restructuring measures and the customary
seasonal fluctuations in demand affect the number of employees .

INHA WORKS

During the period, Inha Works net sales increased by 16% from last year,
totaling EUR 22.5 million (19.4). The operating profit was on the same level
as last year, being EUR 2.7 million (2.7).

Growth continued in the overall boat market and Inha plant has been
operating at full capacity. Using contract manufacturing for the smallest
boat models has helped the company to meet increased demand. The rise in
the cost of aluminum as well as raw materials for plastics has influenced
manufacturing costs adversely. Also changes in the product mix (of other
products than boats) manufactured by Inha Works, had an unfavorable
impact on the development.

No significant investments were made at Inha Works .

At the end of the period personnel comprised 310 employees, which is 39
more than at the beginning of the period.

REAL ESTATE GROUP

Net sales for the Real Estate Group were EUR 2.8 million (4.4). The
operating profit was EUR 1.9 million (0.6). The fair value of the standing
timber increased during the period, having decreased during the
corresponding period last year. No significant real estate deals were made
during the period.

Investments by the Real Estate Group totaled EUR 1.3 million (1.3).

WÄRTSILÄ

Profits for the period for the associated company Wärtsilä improved
significantly from last year, with Fiskars' share of the profits totaling EUR
33.9 million (12.1).

Fiskars share of Wärtsilä capital was 16.7%, decreasing by 0.1% from the
beginning of the period as holders of Wärtsilä options had traded in their
options for stock. The share of votes was 30.6%.

The book value of Fiskars' investment in the associate remained practically
unchanged at EUR 232.9 million (231.9 at the beginning of the year), of
which EUR 37.6 million was goodwill. The market value of Fiskars shares
in Wärtsilä was EUR 518 million at the end of the period.

The equity of Fiskars' Corporation includes Fiskars' share of the fair value
reserve calculated in accordance with the IAS 39 standard included in
Wärtsilä's consolidated shareholders' equity. The value of the Corporation's
share of this reserve was EUR 15.7 million at the end of the review period,
having been EUR 24.7 million at the beginning of the year.

PROFIT AND TAXES

Financial income and expenses during the period increased somewhat from
the previous year, totaling EUR 5.3 million (4.0). The increase is due to this
year's lower investment income in combination with exchange translation
differences.
Profit before taxes was EUR 47.5 million (83.6). The previous year's result
incorporated a EUR 49.8 million gain from the sale of Wärtsilä shares.

Taxes for the review period have been calculated on the basis of
accumulated income by market and the respective enacted tax rates, while
also taking into consideration the availability  of deferred tax assets. Taxes
of EUR 7.5 million relating to the gain from the sale of the Power Sentry
assets is included in the profit from discontinued operations and a
corresponding enhancement in the valuation allowance of deferred tax assets
has been made  for this period. Therefore the taxes for this period are
positive.

Profit for the period from continuing operations was EUR 49.7 million
(77.4). The profit from discontinued operations, which includes both the
gain from the sale of the Power Sentry division as well as its accumulated
profit for 6 months, was EUR 13.0 million (0.6). The profit for the review
period was EUR 62.7 million (77.9)
Earnings per share were EUR 0.81 (1.01).

BALANCE SHEET AND FINANCING

Total assets were EUR 711.6 million (702.7 at the beginning of the period).
Changes in balance sheet items were minor, inventories decreased and trade
receivables increased due to normal seasonal changes in operations. The
Corporation's interest-bearing net debt was reduced during the period by
EUR 38.1 million to EUR 101.9 million. Cash in hand and at bank includes
proceeds from the sale of  the Power Sentry on the last day of the period.

Net cash from operating activities was EUR 41.5 million (21.3) and net cash
used in investing activities was EUR 22.3 million (85.0).

The equity ratio improved, and was 59% (57% at the beginning of the year).
Net gearing was also improved and went down to 24% (35% at the
beginning of the year). The Corporation's financial situation and liquidity
remain strong. In addition to cash and cash equivalents, the Corporation has
significant credit facilities available.

PURCHASE AND TRANSFER OF OWN SHARES

Until the Annual General Meeting on March 20, the Board of Directors had
been authorized to purchase and sell the Corporation's shares provided that
the total nominal value of such shares and the votes carried by them did not
exceed five percent (5%) of the share capital and the total votes in the
company.

At the Annual General Meeting, the Board were authorized to purchase and
sell the Corporation's shares provided that the total nominal value of such
shares and the votes carried by them did not exceed ten percent (10%) of the
share capital and the total votes in the company. The Board did not exercise
its authorization during the review period.

At June 30, 2006, the company held in total 127,512 of its own A-shares and
420 K-shares. The holding has not changed during the review period, and
the number of shares equals 0.2% of the entire share capital of the company.

ANNUAL GENERAL MEETING 2006

The Fiskars Corporation Annual General Meeting held on March 20, 2006
decided to pay a dividend of EUR 0.45 per share of Series A, totaling EUR
24,667,641, and EUR 0.43 per share of Series K, totaling EUR
9,703,073.84, for a total of EUR 34,370,714.84.

It was decided that the number of Board members be seven. Mr. Kaj-Gustaf
Bergh, Mr. Alexander Ehrnrooth, Mr. Paul Ehrnrooth, Ms. Ilona Ervasti-
Vaintola, Mr. Gustaf Gripenberg, Mr. Karl Grotenfelt, and Mr. Olli Riikkala
were re-elected. The term of the Board members will expire at the end of the
Annual General Meeting in 2007.

KPMG Oy Ab was elected auditor.

The Annual General Meeting authorized the Board of Directors to acquire or
divest a number of the company's own shares at the Helsinki Exchanges in a
proportion deviating from the shareholders' existing proportionate holdings
at share prices quoted on the Helsinki Exchanges at the time of such
acquisition or divestment, provided that the total nominal value of such
shares and the votes carried by them do not exceed ten percent (10%) of the
share capital and the total votes in the company, whereby the authorization
concerns a maximum of 5,494,449 of the company's own shares of Series A
and a maximum of 2,256,570 of Series K. The authorization is valid for a
period of one year from March 20, 2006.

Convening after the Annual General Meeting, the Board elected Olli
Riikkala its Chairman, and Alexander Ehrnrooth and Paul Ehrnrooth as Vice
Chairmen. The Board appointed Gustaf Gripenberg Chairman of the Audit
Committee and Alexander Ehrnrooth, Paul Ehrnrooth and Ilona Ervasti-
Vaintola as its other members. The Board appointed Olli Riikkala Chairman
of the Compensation Committee and Kaj-Gustaf Bergh and Karl Grotenfelt
as its other members.

SHARE PRICES

At the end of June, the price of the Fiskars A-shares at the Helsinki
Exchanges was EUR 10.12 (9.60 at the beginning of the year) and of the K-
shares EUR 10.74 (9.90). The market value of the Corporation's share
capital was EUR 798 million at the end of the review period.

OUTLOOK

As stated earlier, Fiskars' net sales and operating profit from continuing
operations  before the Corporation's income from associate Wärtsilä and the
announced restructuring costs are expected to be at last year's level.

Seasonal fluctuations and rapid, even monthly, changes will continue
throughout the latter half of the year. Market trends in Europe are expected
to stay positive, while competition remains fierce in the US.

Some EUR 46 million of the estimated EUR 50 million cost of the
restructuring program, begun in the US in 2005, have been realized and the
remainder will be booked over the following months.

Fiskars' income from associate Wärtsilä will form a significan part of the
Corporation's operating profit.


Heikki Allonen
President and CEO


NOTES TO THE INTERIM REPORT

This interim report has been prepared in accordance with International
Accounting Standard 34 (IAS 34) Interim Financial Reporting.

Use of estimates
Complying with the IFRS standards in preparing financial statements
requires the management to make estimates and assumptions. Such
estimates affect the reported amounts of assets and liabilities, the disclosure
of contingent assets and liabilities, and the amounts of revenues and
expenses. Although these estimates are based on the management's best
knowledge of current events and actions, actual  esults may differ from these
estimates.

Income from associate
The Fiskars Corporation participation in the associate Wärtsilä is one of the
Corporation's reported business segments. The income from the associate is
included in the operating profits as of January 1, 2006 and the figures for the
corresponding periods have been adjusted accordingly.

As of January 1, 2006, Fiskars complies with the following amended and
new IFRS standards:

IAS 39 Financial instruments: Recognition and Measurement:
Amendments after March 31, 2004:
- Cash flow hedges of forecast intragroup transactions, issued April 14,
2005; effective from January 1, 2006
- Financial guarantee contracts; issued August 18, 2005; effective from
January 1, 2006
The adoption of these amendments has not had any significant impact on the
Corporation's first quarter financial statements.

IAS 19 Employee benefits: amendment of actuarial gains and losses,
group plans and disclosures; issued December 16, 2004; effective from
January 1, 2006.
- The amendment introduces an alternative option regarding the
recognition of actuarial gains and losses for defined benefit pension
plans and also adds new disclosure requirements.
As the Corporation does not intend to change the accounting policy adopted
for recognition of actuarial gains and losses, adoption of this amendment
will only impact the format and extent of disclosures presented in the annual
financial statements.

IFRIC 4 interpretation: Determining whether an arrangement contains a
lease; issued December 2, 2004; effective from January 1, 2006.
- The adoption of this interpretation has no significant impact on the
Corporation's first quarter financial statements.



CONSOLIDATED INCOME STATEMENT        4-6    4-6    chg    1-6    1-6    chg   1-12
                                    2006   2005      %   2006   2005      %   2005
                                    MEUR   MEUR          MEUR   MEUR          MEUR

NET SALES                          151.3  150.6      0  290.4  275.9      5  509.9

Cost of goods sold                -105.7 -105.8      0 -203.2 -192.2      6 -364.2
GROSS PROFIT                        45.7   44.8      2   87.2   83.6      4  145.6

Other operating income               1.4    1.1     25    1.5    1.2     24    2.3
Sales and marketing expenses       -17.9  -17.1      5  -37.2  -33.0     13  -65.9
Administration expenses            -11.2  -12.7    -12  -24.1  -25.3     -5  -45.3
Research and development costs      -1.4   -1.3      4   -2.9   -2.6     11   -5.3
Other operating expenses            -4.9    1.7          -5.6    1.7         -37.4
Income from associate               25.1    5.9          33.9   12.1          28.6
OPERATING PROFIT                    36.9   22.5     64   52.8   37.7     40   22.7

Gain on sale of Wärtsilä shares            49.8                 49.8          49.8
Financial income and expenses       -3.6   -1.9     94   -5.3   -4.0     35   -7.1
PROFIT BEFORE TAXES                 33.2   70.4    -53   47.5   83.6    -43   65.4

Taxes                                4.3   -3.3           2.2   -6.2          -7.3
PROFIT FROM CONTINUING OPERATIONS   37.5   67.2    -44   49.7   77.4    -36   58.2

Profit from discontinued oper.      12.7    0.4          13.0    0.6           3.9
PROFIT (LOSS) FOR THE PERIOD        50.2   67.6    -26   62.7   77.9    -20   62.1

Earnings per share, euro            0.65   0.87          0.81   1.01          0.80
  continuing operations             0.48   0.87          0.64   1.00          0.75
  discontinued operations           0.16   0.00          0.17   0.01          0.05

Earnings per share is undiluted. The company has no open option programs.


CURRENCY RATES                       1-6    1-6    chg   1-12
                                    2006   2005      %   2005

USD average rate (I/S)              1.23   1.29     -4   1.24
USD end-of-period (B/S)             1.27   1.21      5   1.18


CONSOLIDATED BALANCE SHEET          6/06   6/05    chg  12/05
                                    MEUR   MEUR      %   MEUR
ASSETS

Intangible assets                   11.8   11.0      7   13.5
Goodwill                            11.3   32.9    -66   12.8
Tangible assets                    102.8  129.6    -21  110.9
Biological assets                   30.2   29.8      2   29.9
Investment property                  9.0   12.1    -25    9.4
Investments in associates          232.9  181.2     28  231.9
Other shares                         4.9    4.6      6    4.8
Other investments                    1.2    1.3     -4    1.3
Avoir fiscal tax receivables         8.2    9.1     -9    9.0
Deferred tax assets                 32.9   38.7    -15   35.0
LONG-TERM TOTAL                    445.2  450.3     -1  458.5

Inventories                        103.5  132.1    -22  129.3
Trade receivables                  108.9  118.1     -8   86.9
Other receivables                    2.3    4.5    -49    6.4
Cash in hand and at bank            51.7   89.9    -42   21.7
CURRENT TOTAL                      266.4  344.6    -23  244.2

ASSETS TOTAL                       711.6  794.9    -10  702.7

EQUITY AND LIABILITIES

Shareholders' equity               420.3  412.8      2  402.7

L/t interest bear.debt             135.9  149.4     -9  124.5
L/t non-interest bear.debt           2.6    3.9    -34    2.7
Deferred tax liabilities            17.4   21.0    -17   17.6
Pension liability                   14.1   13.2      7   15.5
Provisions                           6.6    3.7     78    2.9
LONG-TERM LIABILITY TOTAL          176.5  191.3     -8  163.1

S/t interest bear.debt              17.7   76.6    -77   37.2
Trade payable and
other non-interest bearing debt     90.9  106.2    -14   94.6
Income tax payable                   6.1    8.0    -23    5.1
CURRENT LIABILITY TOTAL            114.7  190.8    -40  136.9

EQUITY AND LIABILITIES TOTAL       711.6  794.9    -10  702.7


CONSOLIDATED STATEMENT                      1-6    1-6   1-12
OF CASH FLOW                               2006   2005   2005
                                           MEUR   MEUR   MEUR
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxes                        47.5   83.6   65.4
Adjustments for
  Depreciation                             12.6   11.8   58.5
  Income from associate                   -33.9  -12.1  -28.6
  Investment income (net)                  -0.4  -51.0  -52.3
  Interest expense (net)                    5.7    5.1    9.5
  Chg in value of biological assets        -0.3    0.7    0.5
Dividends from associates                  23.7   17.1   17.1
Dividends received, other                   3.6    0.1    0.1
Financial costs paid (net)                 -5.3   -5.0   -8.2
Taxes paid                                 -3.0   -3.5   -6.7
Change in interest free assets            -32.3  -24.9    8.1
Change in inventories                      12.4  -14.7   -7.8
Change in interest free liabilities        11.2   14.2    3.0
NET CASH FROM OPERATING ACTIVITIES(A)      41.5   21.3   58.6

CASH FLOWS FROM INVESTING ACTIVITIES
Acquisitions                               -0.4         -11.9
Transact. in assoc. comp. shares                 101.8   74.4
Capital expenditure                        -8.6  -18.1  -18.8
Proceeds from sale of fixed assets          1.9    0.3    2.9
Sale of other l/t investments               1.8    0.7    1.7
Purchase of other l/t investments          -5.1   -0.3   -0.2
Cash flow from discontinued operations     32.7    0.6    3.9
NET CASH USED IN INVESTING ACTIVITIES(B)   22.3   85.0   52.0

CASH FLOWS FROM FINANCING ACTIVITIES
New long-term loans                        15.0    5.0
Amortization of l/t loans                  -3.1  -12.4  -32.8
Changes in short-term loans               -14.4   -1.7  -39.8
Financial leases, payments                 -1.5   -1.6   -3.7
Other financing items                       0.1    0.2   -3.1
Dividends paid                            -34.4  -22.8  -22.8
NET CASH FLOW FROM FINANC. ACTIVITIES(C)  -38.2  -33.2 -102.3

Translation difference (D)                  4.4    1.2   -2.3
CHANGE IN CASH (A+B+C+D)                   30.0   74.2    6.1

Cash at beginning of period                21.7   15.6   15.6
Cash at end of period                      51.7   89.8   21.7


STATEMENT OF CHANGES IN                                 Other
CONSOLIDATED EQUITY ATTRIBUTABLE          Share    Own reser-Transl.Retain.
TO EQUITY HOLDERS OF THE PARENT         capital shares    vesadjustm  earn.  Total
                                           MEUR   MEUR   MEUR   MEUR   MEUR   MEUR
Dec.31,2004 IFRS                           77.5   -0.9    0.0   -1.4  260.5  335.8
Adoption of IAS 39
   Fiskars Corporation                                   -0.4           0.4    0.1
   Associate Wärtsilä                                    37.8                 37.8
Jan.1,2005 IFRS                            77.5   -0.9   37.5   -1.4  261.0  373.7
Translation differences                                          2.4           2.4
Change in fair value reserve                              0.4                  0.4
Chg in investment in associate                           -6.9                 -6.9
Other changes in associate                              -13.0    0.8    0.3  -11.9
NET INCOME RECOGNISED DIRECTLY IN EQUITY                -19.5    3.2    0.3  -16.1
Net profit for the period                                              77.9   77.9
TOTAL RECOGNISED INCOME AND
EXPENSE FOR THE PERIOD                                  -19.5    3.2   78.3   61.9
Dividend distribution                                                 -22.8  -22.8
Jun.30,2005 IFRS                           77.5   -0.9   17.9    1.8  316.5  412.8
Translation differences                                         -1.0          -1.0
Other changes in associate                                6.8    0.4   -0.4    6.8
NET INCOME RECOGNISED DIRECTLY IN EQUITY                  6.8   -0.6   -0.4    5.8
Net profit for the period                                             -15.8  -15.8
TOTAL RECOGNISED INCOME AND
EXPENSE FOR THE PERIOD                                    6.8   -0.6  -16.2  -10.0
Dec.31,2005 IFRS                           77.5   -0.9   24.7    1.2  300.3  402.7
Translation differences                                         -1.6          -1.6
Change in fair value reserve, associate                  -9.0                 -9.0
Other changes in associate                                      -0.2    0.0   -0.2
NET INCOME RECOGNISED DIRECTLY IN EQUITY                 -9.0   -1.8    0.0  -10.8
Net profit for the period                                              62.7   62.7
TOTAL RECOGNISED INCOME AND
EXPENSE FOR THE PERIOD                                   -9.0   -1.8   62.7   52.0
Dividend distribution                                                 -34.4  -34.4
Jun.30,2006 IFRS                           77.5   -0.9   15.7   -0.6  328.7  420.3

Fiskars shares of associated company Wärtsilä's fair value reserve and its
changes are specified in the other reserves above.


KEY FIGURES                         6/06   6/05    chg  12/05
                                                     %
Equity/share, euro                  5.43   5.33      2   5.20
Equity ratio                         59%    52%           57%
Net gearing                          24%    33%           35%
Equity, meur                       420.3  412.8      2  402.7
Net interest bear.debt, meur       101.9  136.2    -25  140.0
Average number of employees         3245   3535     -8   3426


SEGMENT INFORMATION                  4-6    4-6    chg    1-6    1-6    chg   1-12
NET SALES                           2006   2005      %   2006   2005      %   2005
                                    MEUR   MEUR          MEUR   MEUR          MEUR
Fiskars Brands                     138.4  138.7      0  266.4  253.5      5  472.0
Inha Works                          12.2   10.8     12   22.5   19.4     16   32.4
Real Estate                          1.6    1.8    -10    2.8    4.4    -37    8.9
Unallocated and eliminations        -0.9   -0.8     11   -1.3   -1.5    -10   -3.5
CORPORATE TOTAL                    151.3  150.6      0  290.4  275.9      5  509.9

Export from Finland                 15.4   15.3      1   33.2   34.2     -3   55.5


SEGMENT INFORMATION                  4-6    4-6           1-6    1-6          1-12
RESULT                              2006   2005          2006   2005          2005
                                    MEUR   MEUR          MEUR   MEUR          MEUR
Fiskars Brands                      10.0   16.2          17.7   24.8          -5.6
Inha Works                           1.6    1.7           2.7    2.7           3.5
Real Estate                          1.8   -0.1           1.9    0.6           2.0
Associate Wärtsilä                  25.1    5.9          33.9   12.1          28.6
Unallocated and eliminations        -1.8   -1.3          -3.5   -2.5          -5.8
OPERATING PROFIT                    36.9   22.5          52.8   37.7          22.7


SEGMENT INFORMATION                  4-6    4-6           1-6    1-6          1-12
DEPRECIATIONS                       2006   2005          2006   2005          2005
                                    MEUR   MEUR          MEUR   MEUR          MEUR
Fiskars Brands                       5.5    5.5          11.2   10.6          55.7
Inha Works                           0.3    0.2           0.6    0.5           1.0
Real Estate                          0.3    0.3           0.6    0.6           1.3
Unallocated and eliminations         0.0    0.1           0.1    0.1           0.5
CORPORATE TOTAL                      6.1    6.1          12.6   11.8          58.5


SEGMENT INFORMATION                  4-6    4-6           1-6    1-6          1-12
CAPITAL EXPENDITURE                 2006   2005          2006   2005          2005
                                    MEUR   MEUR          MEUR   MEUR          MEUR
Fiskars Brands                       3.8    4.3           6.1   14.7          24.1
Inha Works                           0.4    1.2           0.6    1.9           3.4
Real Estate                          0.6    0.5           1.3    1.3           2.9
Associate Wärtsilä                          3.2                  3.2          30.2
Unallocated and eliminations                0.0           0.0    0.4           0.4
CORPORATE TOTAL                      4.8    9.2           7.9   21.4          60.9


GEOGRAPHICAL SEGMENT                 4-6    4-6    chg    1-6    1-6    chg   1-12
NET SALES BASED ON CUSTOMER         2006   2005      %   2006   2005      %   2005
LOCATION                            MEUR   MEUR          MEUR   MEUR          MEUR
Europe                              71.2   65.5      9  140.0  125.4     12  219.3
USA                                 66.4   73.8    -10  127.2  132.1     -4  253.3
Rest of the world                   13.6   11.3     21   23.2   18.4     26   37.3
CORPORATE TOTAL                    151.3  150.6      0  290.4  275.9      5  509.9

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


CONTINGENCIES                              6/06   6/05  12/05
                                           MEUR   MEUR   MEUR
FOR THE COMPANY'S OWN COMMITMENTS
Bills of exchange                             0      0      0
Lease contingencies                          20     20     23
Other contingencies                           8      2      1
TOTAL                                        29     22     24

GUARANTEES AS SECURITY FOR
OTHER PARTIES' COMMITMENTS
Real estate mortgages                         2      2      2

TOTAL CONTINGENCIES                          30     23     26

NOMINAL AMOUNTS OF DERIVATIVES

Forward exch. contracts                      94    170    145
Currency options                                            4
Interest rate swaps                                 17
FRA's                                               58     59

MARKET VALUE VS. NOMINAL AMOUNTS
OF DERIVATIVES

Forward exch. contracts                       0     -6     -2
Currency options                                            0
Interest rate swaps                                  0
FRA's                                                0      0

Forward exchange contracts have been valued at market in the financial statements.