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Forestrich in resourcesPeopletrusted to performProductswe believe in
2010-05-06
 SEKm                      Quarter        Full year
                    1-10    4-09     1-09      2009
                                              
 Net turnover      4 400   4 659    4 529    18 071
 Operating profit    320     392      415     1 620
 Profit after tax    178     225      245     1 006
 Earnings per 
 share, SEK          2.1     2.7      2.9      12.0
 Return on       
 equity, %           4.3     5.5      6.4       6.4
  • Profit after tax for January-March 2010 was SEK 178 million (January-March 2009: SEK 245 million).
  • Earnings per share were SEK 2.1 (2.9). Return on equity totalled 4.3 per cent (6.4).
  • Operating profit amounted to SEK 320 million (415). Holmen Paper's profit deteriorated considerably as a result of lower newsprint prices. Profitability in the Group's other business areas improved. Compared to the result for the fourth quarter, profit was down by SEK 72 million.
  • Demand for newsprint in Europe remained weak in the first quarter. The virgin fibre board market improved and deliveries from European producers to Europe rose by 7 per cent.

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



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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