2014-10-23
    Quarter   January-September Full year
    SEKm 3-14 2-14 3-13 2014 2013 2013
Net turnover 3 956 3 946 3 939 11 983 12 293 16 231
Operating profit excl.
items affecting comparability
522 351 326 1 262 871 1 209
Operating profit 522 351 326 1 262 731 1 069
Profit after tax 385 250 207 912 481 711
Earnings per share, SEK 4.6 3.0 2.5 10.9 5.7 8.5
Return on equity, % 7.4 4.8 4.1 5.8 3.1 3.4
Cash flow before
investing activities
738 484 567 1 762 1 567 2 011
Debt/equity ratio 0.29 0.31 0.31 0.29 0.31 0.29
  • Operating profit was SEK 1 262 million (January–September 2013: 731). The improvement in profit is due to higher prices for printing paper and sawn timber, a weaker Swedish krona and reduced production costs for paperboard. Profit for the previous year was impacted by items affecting comparability of SEK -140 million.
  • Operating profit for the third quarter was SEK 522 million, which was SEK 171 million higher than in the second quarter owing to good paperboard production and seasonally low costs.
  • Profit after tax amounted to SEK 912 million (481), which corresponds to earnings per share of SEK 10.9 (5.7).
  • The market situation for paperboard during the quarter was stable, but it was weak for printing paper. The market situation for sawn timber weakened as a result of the high level of supply on the market.

   
For further information please contact:

Henrik Sjölund, 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

    
In its capacity as issuer, Holmen AB is releasing the information in this interim report for January-September 2014 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.00 CET on Thursday, October 23, 2014.

 
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.



Holmen AB, P.O. Box 5407, SE-114 84 Stockholm, Sweden.

Visiting address: Strandvägen 1, Stockholm.

Tel: +46 8 666 21 00   E-mail: info@holmen.com

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