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Forestrich in resourcesPeopletrusted to performProductswe believe in
QuarterFull year
Net turnover4 7784 6304 72118 656
EBITDA7897298643 240
Operating profit*5604105581 980
Profit after tax*3892913701 307
Earnings per share, SEK*
Return on equity, % *

*Excluding revaluation of forest in Q4 2011: + SEK 3 593 million before tax (SEK 2 648 million after tax).

  • Profit after tax for January - March 2012 was SEK 389 million (January - March 2011: SEK 370 million).
  • Earnings per share reached SEK 4.6 (4.4). Return on equity totalled 7.9 per cent (8.8).
  • Operating profit reached SEK 560 million (558). Earnings from forest and energy increased while the lower outcome from currency hedges had a negative impact on printing paper and paperboard.
    Compared with the fourth quarter, operating profit increased by SEK 150 million following improvements in all business areas.
  • Demand for paperboard in Europe improved in the first quarter but remained weak for printing paper and sawn timber.


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, Public Relations Director, tel. +46 70 212 97 12

In its capacity as issuer, Holmen AB is releasing the information in this interim report for January-March 2012 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 13.20 CET on Tuesday May 8 2012.

This is a translation of the Swedish year-end report of Holmen Aktiebolag (publ.). In the event of inconsistency between the English and the Swedish versions, the Swedish version shall prevail.

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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