Quarter January-June Full year
SEKm 2-15 1-15 2-14 2015 2014 2014
Net turnover 4 139 4 154 3 946 8 293 8 027 15 994
Operating profit excl. 435 396 351 831 740 1 734
items affecting comparability
Operating profit 435 396 351 831 740 1 284
Profit after tax 322 298 250 620 526 907
Earnings per share, SEK 3.8 3.5 3.0 7.4 6.3 10.8
Return on equity, % 6.1 5.6 4.8 5.8 5.0 4.3
Cash flow before investments 574 522 484 1 097 1 024 2 176
Debt/equity ratio 0.29 0.26 0.31 0.29 0.31 0.28
· Operating profit for January–June 2015 was SEK 831 million (January–June
2014: SEK 740 million). The improvement in earnings was due to reduced costs and
increased paperboard sales. Prices for printing paper and sawn timber decreased
but were partly offset by a weaker Swedish krona.
· Compared with the first quarter, operating profit increased by SEK 39
million to SEK 435 million. Hydro power earnings decreased seasonally. First
-quarter earnings were negatively affected by costs relating to shutdowns for
maintenance and rebuilding.
· Profit after tax for January–June amounted to SEK 620 million (526), which
corresponds to earnings per share of SEK 7.4 (6.3). Return on equity was 5.8 per
cent (5.0).
For further information please contact:
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, CFO, tel. +46 8 666 21 22
Ingela Carlsson, Communications Director, tel. +46 70 212 97 12
This is information that Holmen AB is obliged to disclose under the Swedish
Securities Market Act and the Swedish Financial Instruments Trading Act. The
information was submitted for publication on 13 August 2015 at 12.30 CET.
Holmen’s interim report January–June 2015
| Source: Holmen AB
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