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Forestrich in resourcesPeopletrusted to performProductswe believe in
2011-10-26
                         Quarter        Jan-Sept Full year
    SEKm            3-11  2-11  3-10   2011   2010   2010
 Net turnover      4 518 4 787 4 205 14 026 12 833 17 581
 EBITDA*)            838   808   697  2 511  1 910  2 583
 Operating profit*)  519   492   383  1 570    971  1 332
 Profit after tax    343   302   216  1 015    528    704
 Earnings per share,
 SEK                 4.1   3.6   2.6   12.1    6.3    8.4
 Return on equity, % 8.1   7.3   5.2    8.1    4.3    4.2

*)Excluding SEK 264 million of items affecting comparability for 2010.

  • Profit after tax for January-September 2011 was SEK 1 015 million (January-September 2010: SEK 528 million).
  • Earnings per share reached SEK 12.1 (6.3). Return on equity totalled 8.1 per cent (4.3).
  • Operating profit amounted to SEK 1 570 million (971). The improvement is explained by higher prices for newsprint and paperboard, while higher costs for wood and recovered paper had an adverse impact on the result.
  • Demand for both newsprint and paperboard in Europe weakened during the third quarter, and the market for sawn timber remained weak.
 
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-September 2011 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 13.00 CET on Wednesday October 26 2011.



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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