Quarter Full year
SEKm 1-23 4-22 1-22 2022
Net sales 6 223 6 245 5 750 23 952
Operating profit excl. item affecting comparability 1 737 1 622 1 617 7 262
Operating profit 1 737 1 622 1 883 7 527
Profit after tax 1 371 1 268 1 483 5 874
Earnings per share, SEK 8.5 7.8 9.2 36.3
Operating margin, %* 28 26 28 30
Book value, forest assets, SEKm 52 308 52 151 47 199 52 151
Cash flow before investments and change in working capital 2 299 985 1 925 6 768
Debt/equity ratio, % 1 4 7 4

*Excl. item affecting comparability; see page 14.

  • Operating profit for January–March was SEK 1 737 million (January–March 2022: 1 883) which corresponds to an operating margin of 28 per cent. Excluding items affecting comparability last year, operating profit increased by SEK 120 million. Profit from Renewable Energy and Forest increased while the overall profit from the industry was unchanged.
  • Operating profit increased by SEK 115 million compared with the fourth quarter. 
  • Profit after tax for January–March amounted to SEK 1 371 million (1 483), which corresponds to earnings per share of SEK 8.5 (9.2).
  • Cash flow after investments amounted to SEK 1 830 million, which decreased net debt to SEK 376 million.

For further information please contact:
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, Executive Vice President and CFO, tel. +46 8 666 1 22
Stina Sandell, Senior Vice President Sustainability and Communications, tel. +46 73 986 51 12

This information such that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CEST on Friday, 28 April 2023.