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.