Interim report January-March 2012
|Net turnover||4 778||4 630||4 721||18 656|
|Operating profit*||560||410||558||1 980|
|Profit after tax*||389||291||370||1 307|
|Earnings per share, SEK*||4.6||3.5||4.4||15.6|
|Return on equity, % *||7.9||6.8||8.8||7.8|
*Excluding revaluation of forest in Q4 2011: + SEK 3 593 million before tax (SEK 2 648 million after tax).
- Profit after tax for January–March 2012 was SEK 389 million (January–March 2011: SEK 370 million).
- Earnings per share reached SEK 4.6 (4.4). Return on equity totalled 7.9 per cent (8.8).
- Operating profit reached SEK 560 million (558). Earnings from forest and energy increased while the lower outcome from currency hedges had a negative impact on printing paper and paperboard.
Compared with the fourth quarter, operating profit increased by SEK 150 million following improvements in all business areas.
- Demand for paperboard in Europe improved in the first quarter but remained weak for printing paper and sawn timber.
For further information, please contact:
Magnus Hall, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, CFO, tel. +46 8 666 21 22
Ingela Carlsson, Public Relations Director, tel. +46 70 212 97 12
In its capacity as issuer, Holmen AB is releasing the information in this interim report for January-March 2012 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 13.20 CET on Tuesday May 8 2012.
This is a translation of the Swedish year-end report of Holmen Aktiebolag (publ.). In the event of inconsistency between the English and the Swedish versions, the Swedish version shall prevail.