Holmen Paper is undergoing a strategic reorganisation from producing standard newsprint to increasingly producing speciality paper. With products that challenge traditional paper choices, new positions can be attained in a rapidly changing market.

Facts Holmen Paper	2012	2011	2010
Net sales, SEKm	8 144	8 631	8 142
Operating profit/loss, SEKm	-99	228	-1 404
Operating profit excl. items affecting comparability, SEKm	94	228	-618
Investments, SEKm	174	210	211
Operating capital, SEKm	5 608	6 606	6 954
Average number of employees	1 647	1 808	2 084
Share of sales in Europe, %	88	91	88
Deliveries, ’000 tonnes	1 651	1 668	1 732

* Impairment loss and restructuring costs SEK -193 million

Paperboard

Iggesund Paperboard is consolidating its position as quality leader in Europe by continuing to improve its quality and service concept. Sustainable investments that give major energy savings are in progress at both paperboard mills.

Facts Iggesund Paperboard	2012	2011	2010
Net sales, SEKm	4 967	5 109	4 849
Operating profit, SEKm	596	863	817
Investments, SEKm	1 523	1 120	521
Operating capital, SEKm	6 177	5 041	4 313
Average number of employees	1 541	1 522	1 528
Share of sales in Europe, %	79	83	83
Deliveries, ’000 tonnes	485	474	464

Sawn timber

Holmen Timber performs cost-efficient production at two large-scale units, integrated with a paper and a paperboard mill respectively. The strategic advantages provide greater potential for growth and development when the wood products market turns a corner.

Facts Holmen Timber	2012	2011	2010
Net sales, SEKm	1 129	875	586
Operating profit/loss, SEKm	-130	-136	20
Investments, SEKm	9	365	800
Operating capital, SEKm	1 416	1 507	1 192
Average number of employees	207	207	139
Share of sales in Europe, %	74	70	55
Deliveries, ‘000 m3	660	487	285

Raw-material-oriented business areas:

Forest

Holmen Skog is responsible for developing and managing Holmen’s forests and for ensuring an efficient wood supply to the Group’s Swedish production units. Holmen practices active, sustainable forestry that boosts growth and so increases the value of the forest.

Facts Holmen Skog	2012	2011	2010
Operating profit, SEKm	931	4 332	1 868
Operating profit excl. items affecting comparability*, SEKm	931	739	766
Investments, SEKm	169	42	-3
Operating capital, SEKm	16 663	16 278	12 597
Average number of employees	440	428	442
Harvesting in own forests, ’000 m3sub	3 211	2 988	ap. 2950
Productive forest land, ’000 hectares	1 033	1 033	1 032
Volume of wood, million m3 growing stock, solid over bark	119	118	120

* 2011 revaluation of forest SEK 3 593 million

Energy

Holmen Energi is responsible for the Group’s hydro and wind power assets, as well as the electricity supply to Holmen’s Swedish units. The ambition is to build 1 TWh of wind power.

Facts Holmen Energi	2012	2011	2010
Operating profit, SEKm	355	406	495
Investments, SEKm	26	16	65
Operating capital, SEKm	3 261	3 253	3 235
Average number of employees	17	14	11
Company-generated hydro power, GWh	1 343	1 230	1 145
Company-generated wind power, GWh	10	5	4