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  • The Group's profit after financial items for January-June was MSEK 1,277 (January-June 2001: 1,309). Holmen Paper's operating profit declined by MSEK 258, while Iggesund Paperboard's operating profit increased by MSEK 181.
  • The profit for the second quarter amounted to MSEK 572 (January-March: 705). The first quarter result includes MSEK 110 from the divestment of a replaced paper machine.
  • The profit after tax was MSEK 1,013 (917), which corresponds to earnings per share of SEK 12.67 (11.47). The return on equity was 14.6 per cent (13.5).
  • The market for newsprint and magazine paper remained weak. Holmen Paper's deliveries were higher than in the first quarter, but production remained restricted. Prices were unchanged.
  • The market for paperboard remained weak. Iggesund Paperboard's deliveries and prices remained unchanged from the first quarter. Production was restricted, but to a lesser extent than previously.

The Holmen Group

Holmen is a forest industry group that manufactures printing paper, paperboard and sawn timber and runs forestry and energy production operations. The company’s extensive forest holdings and its high proportion of energy production are strategically important resources for its future growth.

Holmen AB

Tel: 08-666 21 00

E-post: info@holmen.com

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