Interim report January-June 2013
| Quarter | January-June | Full year | ||||
| SEKm |
2-13 |
1-13 |
2-12 |
2013 |
2012 |
2012 |
| Net turnover | 4 197 | 4 158 | 4 569 | 8 354 | 9 347 | 17 852 |
| Operating profit excl. items affecting comp.* |
307 | 238 | 488 | 545 | 1 048 | 1 713 |
| Operating profit | 307 | 98 | 488 | 405 | 1 048 | 1 520 |
| Profit after tax | 232 | 42 | 313 | 274 | 701 | 1 853 |
| Earnings per share, SEK | 2.8 | 0.5 | 3.7 | 3.3 | 8.3 | 22.1 |
| Return on equity, % | 4.5 | 0.8 | 6.4 | 2.6 | 7.2 | 9.3 |
* Items affecting comparability are impairment losses and restructuring costs at Holmen Paper, amounting to SEK -140 million in Q1 2013 and SEK -193 million in Q4 2012.
- Profit after tax for January–June 2013 was SEK 274 million (January–June 2012: 701).
- Earnings per share totalled SEK 3.3 (8.3).
- Return on equity was 2.6 per cent (7.2).
- Operating profit, excluding items affecting comparability, totalled SEK 545 million (1 048). The decline was attributable to lower selling prices for printing paper and a stronger Swedish krona.
- Compared with the first quarter, operating profit rose by SEK 69 million to SEK 307 million. The establishment of a jointly-owned wind power company and start-up of a biofuel boiler in the UK had a positive effect on the result, while a major maintenance shutdown at Iggesund Mill had a negative impact.
- The market situation for paperboard was stable, while demand for printing paper and sawn timber remained 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 interim report for January-June 2013 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.15 CET on Wednesday August 14, 2013.