CSM Q1 2011 Interim Management Statement

Increasing selling prices to compensate for higher costs has been an important focus, as is reflected by an average price increase of 6.2%. Sales increased substantially by 18.0% as a result of higher sales prices and acquisitions. CSM posted a decline in EBITA, which is mainly caused, as expected, by a short term lagging effect in passing on higher costs in increased selling prices.

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