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  • The Group's profit after financial items for January-September was MSEK 1,953 (January-September 2001: 2,166). Holmen Paper's operating profit declined by MSEK 515, while Iggesund Paperboard's rose by MSEK 263.
  • The third-quarter profit amounted to MSEK 676 (Q2 2002: 572). Holmen Paper's third-quarter profit was MSEK 129 higher than in the second quarter, and Iggesund Paperboard's was MSEK 42 higher.
  • Profit after tax for January-September was MSEK 1,523 (1,958), which corresponds to earnings per share of SEK 19.04 (24.48). The return on equity was 14.5 per cent (19.3).
  • The market for newsprint and magazine paper remained weak during the third quarter. Holmen Paper's deliveries rose slightly, but production was still curtailed due to the order situation. Prices were unchanged.
  • Demand for paperboard was stable in Europe. Iggesund Paperboard's deliveries rose. Price increases have been announced.

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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