Year-end report 2012
7 Feb, 2013 12:30 CET
|
|
Quarter |
|
Full year |
| SEKm |
4-12 |
3-12 |
4-11 |
2012 |
2011 |
| Net turnover |
4 276 |
4 230 |
4 630 |
17 852 |
18 656 |
| Operating profit excl. items affecting comp.* |
271 |
394 |
410 |
1 713 |
1 980 |
| Operating profit |
78 |
394 |
4 003 |
1 520 |
5 573 |
| Profit after tax |
902 |
249 |
2 939 |
1 853 |
3 955 |
| Earnings per share, SEK |
10.7 |
3.0 |
35.0 |
22.1 |
47.1 |
| Return on equity, % |
17.7 |
5.0 |
64.0 |
9.3 |
23.1 |
* Items affecting comparability in Q4 2012 refers to an impairment loss and restructuring costs in Holmen Paper
(-193 million) and Q4 2011 revaluation of forest (+3 593 million).
- Profit after tax for 2012 was SEK 1 853 (2011: 3 955) million. The profit includes an impairment loss and restructuring costs of SEK -193 million and SEK +911 million in non-recurring tax effects. Profit after tax for the previous year includes SEK +2 648 million from the revaluation of forest.
- Earnings per share amounted to SEK 22.1 (47.1). Return on equity was 9.3 (23.1) per cent.
- The Board proposes a dividend of SEK 9 (8) per share.
- Operating profit excluding items affecting comparability totalled SEK 1 713 (1 980) million. The contribution from currency hedges fell, while the change in the value of forests rose.
- Operating profit for the fourth quarter decreased by SEK 123 million to SEK 271 million, excluding items affecting comparability. Costs showed a seasonal increase and exchange rates had a negative effect on profit.
- The market situation for paperboard was stable during the quarter, while demand for printing paper and sawn timber was weak.
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 year-end report for 2012 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.30 CET on Thursday February 7, 2013.