Interim report January-September 2013
| Quarter | January-September | Full year | ||||
| SEKm | 3-13 | 2-13 | 3-12 | 2013 | 2012 | 2012 |
| Net turnover | 3 939 | 4 197 | 4 230 | 12 293 | 13 577 | 17 852 |
| Operating profit excl. items affecting comp.* |
326 | 307 | 394 | 871 | 1 442 | 1 713 |
| Operating profit | 326 | 307 | 394 | 731 | 1 442 | 1 520 |
| Profit after tax | 207 | 232 | 249 | 481 | 950 | 1 853 |
| Earnings per share, SEK | 2.5 | 2.8 | 3.0 | 5.7 | 11.3 | 22.1 |
| Return on equity, % | 4.1 | 4.5 | 5.0 | 3.1 | 6.4 | 9.3 |
* Items affecting comparability are impairment losses and restructuring costs at Holmen Paper (Q1 2013: SEKm -140, Q4 2012: SEKm -193).
- Profit after tax for January–September 2013 was SEK 481 million (January–September 2012: 950).
- Earnings per share totalled SEK 5.7 (11.3).
- Return on equity was 3.1 per cent (6.4).
- Operating profit, excluding items affecting comparability, totalled SEK 871 million (1 442). The decline was attributable to a stronger Swedish krona, lower selling prices for printing paper and production disruptions at Iggesund Paperboard.
- Compared with the second quarter, operating profit rose by SEK 19 million to SEK 326 million. There was a significant increase in income from paperboard. Earnings for the second quarter included SEK +102 million from the establishment of a jointly-owned wind power company.
- The market situation for paperboard was good. Demand for printing paper continued to decline but the market balance for newsprint is good as a result of shutdowns. The market for 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
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 13.05 CET on Thursday October 24, 2013.
This is a translation of the Swedish interim report of Holmen Aktiebolag (publ.). In the event of inconsistency between the English and the Swedish versions, the Swedish version shall prevail.