Regulatory News:
Holmen (STO:HOLMB)(STO:HOLMA):
| Quarter | Full year | ||||||||
| SEKm | 1-13 | 4-12 | 1-12 | 2012 | |||||
| Net turnover | 4 158 | 4 276 | 4 778 | 17 852 | |||||
| Operating profit excl. items affecting comp.* | 238 | 271 | 560 | 1 713 | |||||
| Operating profit | 98 | 78 | 560 | 1 520 | |||||
| Profit after tax | 42 | 902 | 389 | 1 853 | |||||
| Earnings per share, SEK | 0.5 | 10.7 | 4.6 | 22.1 | |||||
| Return on equity, | 0.8 | 17.7 | 7.9 | 9.3 |
Items affecting comparability relate to impairment losses and restructuring costs at Holmen Paper of SEK -140 million in the first quarter of 2013 and SEK -193 million in the fourth quarter of 2012.
Profit after tax for January–March 2013 was SEK 42 (January–March 2012: 389) million.
Earnings per share amounted to SEK 0.5 (4.6).
Return on equity was 0.8 per cent (7.9).
Operating profit excluding items affecting comparability totalled SEK 238 (560) million. The decline was mainly attributable to lower selling prices for printing paper and a stronger Swedish krona.
Compared to the fourth quarter, operating profit excluding items affecting comparability decreased by SEK 33 million as a result of lower profit in printing paper.
The market situation for paperboard was stable, while demand for printing paper and sawn timber remained weak.
During the quarter it was decided to close a paper machine with a capacity of 200 000 tonnes at Braviken Paper Mill.
In its capacity as issuer, Holmen AB is releasing the information in this interim report for January-March 2013 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.50 CET on Wednesday April 24, 2013.
This information was brought to you by Cision http://news.cision.com
Contacts:
Magnus Hall, President and CEO
tel. +46 8 666 21 05
or
Anders Jernhall, CFO
tel. +46 8 666 21 22
or
Ingela Carlsson, Communications Director
tel. +46 70 212 97 12
