Interim report January-March 2013

Quarter Full year
SEKm 1-13 4-12 1-12 2012
Net turnover 4 158 4 276 4 778 17 852
Operating profit excl. items affecting comp.* 238 271 560 1 713
Operating profit 98 78 560 1 520
Profit after tax 42 902 389 1 853
Earnings per share, SEK 0.5 10.7 4.6 22.1
Return on equity, % 0.8 17.7 7.9 9.3

* Items affecting comparability relate to impairment losses and restructuring costs at Holmen Paper of SEK -140 million in the first quarter of 2013 and SEK -193 million in the fourth quarter of 2012.

  • Profit after tax for January–March 2013 was SEK 42 (January–March 2012: 389) million.
  • Earnings per share amounted to SEK 0.5 (4.6).
  • Return on equity was 0.8 per cent (7.9).
  • Operating profit excluding items affecting comparability totalled SEK 238 (560) million. The decline was mainly attributable to lower selling prices for printing paper and a stronger Swedish krona.
  • Compared to the fourth quarter, operating profit excluding items affecting comparability decreased by SEK 33 million as a result of lower profit in printing paper.
  • The market situation for paperboard was stable, while demand for printing paper and sawn timber remained weak.
  • During the quarter it was decided to close a paper machine with a capacity of 200 000 tonnes at Braviken Paper Mill.

   
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, Communications 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 2013 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.50 CET on Wednesday April 24, 2013.

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About Us

Holmen is a forest industry group that manufactures paperboard, paper and wood products and runs forestry and energy production operations. In 2016 Holmen’s net sales were SEK 15.5 billion and the group has approx. 3 000 employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more information, visit holmen.com

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