|Net turnover||3 956||3 946||3 939||11 983||12 293||16 231|
|Operating profit excl.
items affecting comparability
|522||351||326||1 262||871||1 209|
|Operating profit||522||351||326||1 262||731||1 069|
|Profit after tax||385||250||207||912||481||711|
|Earnings per share, SEK||4.6||3.0||2.5||10.9||5.7||8.5|
|Return on equity, %||7.4||4.8||4.1||5.8||3.1||3.4|
|Cash flow before
|738||484||567||1 762||1 567||2 011|
- Operating profit was SEK 1 262 million (January–September 2013: 731). The improvement in profit is due to higher prices for printing paper and sawn timber, a weaker Swedish krona and reduced production costs for paperboard. Profit for the previous year was impacted by items affecting comparability of SEK -140 million.
- Operating profit for the third quarter was SEK 522 million, which was SEK 171 million higher than in the second quarter owing to good paperboard production and seasonally low costs.
- Profit after tax amounted to SEK 912 million (481), which corresponds to earnings per share of SEK 10.9 (5.7).
- The market situation for paperboard during the quarter was stable, but it was weak for printing paper. The market situation for sawn timber weakened as a result of the high level of supply on the market.
For further information please contact:
Henrik Sjölund, 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-September 2014 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.00 CET on Thursday, October 23, 2014.
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.