Holmen’s interim report January–June 2015
| Quarter | January-June | Full year | ||||
| SEKm | 2-15 | 1-15 | 2-14 | 2015 | 2014 | 2014 |
| Net turnover | 4 139 | 4 154 | 3 946 | 8 293 | 8 027 | 15 994 |
| Operating profit excl. items affecting comparability |
435 | 396 | 351 | 831 | 740 | 1 734 |
| Operating profit | 435 | 396 | 351 | 831 | 740 | 1 284 |
| Profit after tax | 322 | 298 | 250 | 620 | 526 | 907 |
| Earnings per share, SEK | 3.8 | 3.5 | 3.0 | 7.4 | 6.3 | 10.8 |
| Return on equity, % | 6.1 | 5.6 | 4.8 | 5.8 | 5.0 | 4.3 |
| Cash flow before investments | 574 | 522 | 484 | 1 097 | 1 024 | 2 176 |
| Debt/equity ratio | 0.29 | 0.26 | 0.31 | 0.29 | 0.31 | 0.28 |
- Operating profit for January–June 2015 was SEK 831 million (January–June 2014: SEK 740 million). The improvement in earnings was due to reduced costs and increased paperboard sales. Prices for printing paper and sawn timber decreased but were partly offset by a weaker Swedish krona.
- Compared with the first quarter, operating profit increased by SEK 39 million to SEK 435 million. Hydro power earnings decreased seasonally. First-quarter earnings were negatively affected by costs relating to shutdowns for maintenance and rebuilding.
- Profit after tax for January–June amounted to SEK 620 million (526), which corresponds to earnings per share of SEK 7.4 (6.3). Return on equity was 5.8 per cent (5.0).
For further information please contact:
Henrik Sjölund, 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
This is information that Holmen AB is obliged to disclose under the Swedish Securities Market Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication on 13 August 2015 at 12.30 CET.