Quarter Jan-Jun Full year
SEKm 2-21 1-21 2-20 2021 2020 2020
Net sales 5 129 4 703 3 853 9 832 8 352 16 327
Operating profit 898 849 542 1 747 1 170 2 479
Profit after tax 698 675 411 1 373 902 1 979
Earnings per share, SEK 4.3 4.2 2.5 8.5 5.6 12.2
Operating margin, % 18 18 14 18 14 15
Cash flow before investments and change in working capital 1 019 672 693 1 691 1 307 2 411
Debt/equity ratio, % 11 9 7 11 7 10
 

  • Operating profit for January–June was SEK 1 747 million (January–June 2020: 1 170). The increase in profit was due to higher prices for wood products and the growth of the wood products business through the acquisition of Martinsons and the expansion of Braviken Sawmill.

  • Despite an extensive maintenance shutdown within paperboard, profit increased in the second quarter
    compared with the first quarter by SEK 49 million to SEK 898 million as a result of higher wood product prices.
  • Profit after tax for January–June amounted to SEK 1 373 million (902), which corresponds to earnings per share of SEK 8.5 (5.6).
 

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 and the Swedish Securities Market Act (2007:528). The information was submitted for publication, through the agency of the contact person set out above, at 12.15 CEST on Thursday, 19 August 2021.