Holmen
Holmen's Interim Report January-March 2024
REG
Quarter | Full year | |||
SEKm | 1-24 | 4-23 | 1-23 | 2023 |
Net sales | 5 720 | 5 400 | 6 223 | 22 795 |
EBITDA | 1 300 | 1 059 | 2 080 | 6 114 |
Operating profit | 944 | 714 | 1 737 | 4 755 |
Profit after tax | 744 | 538 | 1 371 | 3 697 |
Earnings per share, SEK | 4.7 | 3.4 | 8.5 | 23.0 |
Operating margin, % | 17 | 13 | 28 | 21 |
Book value, forest assets, SEKm | 56 532 | 56 348 | 52 308 | 56 348 |
Cash flow before investments and change in working capital | 1 112 | 551 | 2 299 | 5 311 |
Net financial debt | 2 034 | 1 869 | 376 | 1 869 |
Debt/equity ratio, % | 4 | 3 | 1 | 3 |
- Operating profit for January-March amounted to SEK 944 million (January-March 2023: 1 737), which corresponds to an operating margin of 17 per cent. The decrease in operating profit is due to lower paper prices and the positive impact of income from the sale of surplus electricity the previous year.
- Compared with the fourth quarter, operating profit increased by SEK 230 million. The increase is mainly due to a major maintenance shutdown, which had a negative impact off SEK 180 million in the previous quarter.
- Profit after tax for January-March amounted to SEK 744 million (1 371), which corresponds to earnings per share of SEK 4.7 (8.5).
For further information please contact:
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, Executive Vice President and CFO, tel. +46 8 666 1 22
Stina Sandell, Senior Vice President Sustainability and Communications, tel. +46 73 986 51 12
This is information that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07.30 CEST on Friday, 26 April 2024.
Datum | 2024-04-26, kl 07:30 |
Källa | Cision |
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