Holmen is a forest industry group that manufactures paperboard, printing paper and sawn timber and runs forestry and energy production operations. The company’s extensive forest holdings and its high proportion of energy production are strategically important resources for its future growth. The average number of employees during 2015 was 3 315.

For 2015 the groups operating profit excluding items affecting comparability was SEK 1 700 million. Earnings were negatively affected by price decreases for printing paper and sawn timber, as well as a number of significant rebuilding and maintenance shutdowns. This was largely offset by a weaker Swedish krona, good production and cost rationalisations. Investments amounted to SEK 832 million and cash flow after investments was SEK 1 694 million. The dividend paid was SEK 840 million. Net financial debt decreased to SEK 4 799 million, giving a debt/equity ratio of 0.23. 

Holmen's business concept is to develop and run profitable business within three product-oriented business areas for paperboard, printing paper and sawn timber as well as two raw material-oriented business areas for forest and energy. Europe is the key market. 

Iggesund Paperboard

Iggesund Paperboard produces paperboard for consumer packaging and graphics printing at one Swedish and one English mill. 

Holmen Paper

The business area Holmen Paper manufactures printing paper for magazines, directories, advertising material, books and daily newspapers at two Swedish mills.

Holmen Timber

Holmen Timber produces sawn timber at two Swedish sawmills. 

Holmen Skog

Holmen Skog manages the Group's forests  covering just over one million hectares. The annual volume harvested in company forests is some 3.2 million cubic metres.

Holmen Energi

Holmen Energi is responsible for the Group's hydro and wind power assets and for developing the Group's business within the energy sector. Normal yearly hydro power production amounts to some 1 100 GWh of electric power.

Holmen’s forest and energy assets are highly valuable to the company, helping to give it a stable foundation. In addition to generating even and high earnings, they create advantages in supplying raw materials to the product-oriented business areas. Forest raw materials and the energy area also have immense development potential. 

The Group is about 60 per cent self-sufficient in wood, and self-sufficiency in electricity is around 50 per cent. A signifcant proportion of the thermal energy required is covered by bioenergy produced at the company’s own facilities.

The Group has five production plants in Sweden and one in the UK. The forests and hydro power facilities are located in Sweden.

Holmen’s two classes of shares are listed in the Large Cap segment on the Nasdaq OMX Nordic Exchange.




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Ingela Carlsson Holmen
Mobile: +46 70 212 97 12
Department: K-stab Kommunikation
Strandvägen 1
P.O. Box 5407 SE-114 84 Stockholm
Sweden / Sverige

Holmen AB, P.O. Box 5407, SE-114 84 Stockholm, Sweden.

Visiting address: Strandvägen 1, Stockholm.

Tel: +46 8 666 21 00   E-mail: info@holmen.com

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