Holmen’s interim report January-March 2014
| Quarter | Full year | |||
| SEKm | 1-14 | 4-13 | 1-13 | 2013 |
| Net turnover | 4 081 | 3 938 | 4 158 | 16 231 |
| Operating profit excl. items affecting comparability |
389 | 338 | 238 | 1 209 |
| Operating profit | 389 | 338 | 98 | 1 069 |
| Profit after tax | 276 | 230 | 42 | 711 |
| Earnings per share, SEK | 3.3 | 2.7 | 0.5 | 8.5 |
| Return on equity, % | 5.3 | 4.5 | 0.8 | 3.4 |
| Cash flow before investing activities | 540 | 444 | 352 | 2 011 |
| Debt/equity ratio | 0.28 | 0.29 | 0.31 | 0.29 |
- Operating profit, excluding items affecting comparability, totalled SEK 389 million (January–March 2013: 238). The improvement in profit is due to higher prices for printing paper, more stable paperboard production as well as higher prices and increased deliveries for sawn timber.
- Compared with the fourth quarter, operating profit rose by SEK 51 million, mainly as a result of price increases for printing paper.
- The market situation for paperboard was good. Demand for sawn timber increased from low levels. Demand for printing paper continued to decline.
- Profit after tax amounted to SEK 276 million (42), which corresponds to earnings per share of SEK 3.3 (0.5). Return on equity was 5.3 per cent (0.8).
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/or the Swedish Financial Instruments Trading Act. The information was distributed to the media for publication at 12:30 CET on Wednesday May 7, 2014.
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