Ruling in Paperboar Case

Ruling in Paperboard Case Holmen has earlier made provision for the cost The cost following today's decision of the EU court of law to uphold the EU Commission's ruling in the so-called Paperboard Case, was taken up to income by the then MoDo in 1994. The amount has earlier been paid. This means that today's decision does not affect Holmen's future results. Following an enquiry, the EU Commission in 1994 ruled that some 20 European paperboard producers had been involved in activities infringing EU-competition law between the years 1986-1990. For MoDo the fines were fixed at euro 22.7 million. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

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Holmen’s business concept is to own and add value to the forest. The forest holdings form the basis of the business – an ecocycle in which the raw material grows and is refined into everything from wood for climate-smart building to renewable packaging, magazines and books. The forest is managed to provide a good annual return and stable value growth while our production operations are run with a focus on profitability and greater value added. In 2019 Holmen’s net sales were approx. SEK 17 billion and the group has approx. 3 000 employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more information, visit