Holmen’s interim report January–March 2015


                                              Quarter         Full year
SEKm                                    1-15     4-14   1-14       2014
Net sales                              4 154    4 011  4 081     15 994
Operating profit excl.                   396      472    389      1 734
items affecting comparability
Operating profit                         396       22    389      1 284
Profit after tax                         298       -4    276        907
Earnings per share, SEK                  3.5     -0.1    3.3       10.8
Return on equity, %                      5.6      0.0    5.3        4.3
Cash flow before investing activities    522      414    540      2 176
Debt/equity ratio                       0.26     0.28   0.28       0.28

  · Operating profit for January–March 2015 was SEK 396 million (January–March
2014: SEK 389 million). Profit was positively affected by increased sales of
paperboard and reduced production costs, while major planned maintenance and
rebuilding shutdowns had a negative impact of SEK 130 million. Price decreases
for printing paper and sawn timber were offset by a weaker Swedish krona.
  · Compared with the fourth quarter, operating profit decreased by SEK 76
million, excluding the previous quarter’s item affecting comparability. The
decrease was due to maintenance and rebuilding shutdowns, which was partly
offset by improved profit for forest and energy.
  · Profit after tax amounted to SEK 298 million (276), which corresponds to
earnings per share of SEK 3.5 (3.3). Return on equity was 5.6 per cent (5.3).

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 8 May 2015 at 12.15 CET

Attachments

05080203.pdf