• 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.

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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