Quarter   January-September Full year
SEKm 3-13 2-13 3-12 2013 2012 2012
Net turnover 3 939 4 197 4 230 12 293 13 577 17 852
Operating profit excl.
items affecting comp.* 		326 307 394 871 1 442 1 713
Operating profit 326 307 394 731 1 442 1 520
Profit after tax 207 232 249 481 950 1 853
Earnings per share, SEK 2.5 2.8 3.0 5.7 11.3 22.1
Return on equity, % 4.1 4.5 5.0 3.1 6.4 9.3

* Items affecting comparability are impairment losses and restructuring costs at Holmen Paper (Q1 2013: SEKm -140, Q4 2012: SEKm -193).

  • Profit after tax for January–September 2013 was SEK 481 million (January–September 2012: 950).
  • Earnings per share totalled SEK 5.7 (11.3).
  • Return on equity was 3.1 per cent (6.4).
  • Operating profit, excluding items affecting comparability, totalled SEK 871 million (1 442). The decline was attributable to a stronger Swedish krona, lower selling prices for printing paper and production disruptions at Iggesund Paperboard.
  • Compared with the second quarter, operating profit rose by SEK 19 million to SEK 326 million. There was a significant increase in income from paperboard. Earnings for the second quarter included SEK +102 million from the establishment of a jointly-owned wind power company.
  • The market situation for paperboard was good. Demand for printing paper continued to decline but the market balance for newsprint is good as a result of shutdowns. The market for 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

This is information that Holmen AB is obliged to disclose under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was distributed to the media for publication at 13.05 CET on Thursday October 24, 2013.

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.