Holmen Interim Report January-September 2022
| Quarter | Jan-Sep | Full year | ||||
| SEKm | 3-22 | 2-22 | 3-21 | 2022 | 2021 | 2021 |
| Net sales | 5 784 | 6 173 | 4 877 | 17 707 | 14 709 | 19 479 |
| Operating profit excl. item affecting comparability | 1 921 | 2 101 | 1 129 | 5 640 | 2 876 | 4 061 |
| Operating profit | 1 921 | 2 101 | 978 | 5 905 | 2 725 | 3 731 |
| Profit after tax | 1 482 | 1 642 | 763 | 4 606 | 2 136 | 3 004 |
| Earnings per share, SEK | 9.1 | 10.1 | 4.7 | 28.5 | 13.2 | 18.5 |
| Operating margin, %* | 33 | 34 | 23 | 32 | 20 | 21 |
| Book value, forest assets, SEKm | 47 602 | 47 396 | 43 693 | 47 602 | 43 693 | 47 080 |
| Cash flow before investments and change in working capital | 1 662 | 2 196 | 980 | 5 783 | 2 671 | 3 375 |
| Debt/equity ratio, % | 5 | 7 | 10 | 5 | 10 | 9 |
*Excl. the item affecting comparability; see page 15.
- Operating profit for January–September 2022 was SEK 5 905 million (January–September 2021: 2 725). Excluding the item affecting comparability, operating profit increased by SEK 2 764 million to SEK 5 640 due to higher selling prices, while cost inflation was limited by our high level of wood and energy self-sufficiency.
- Compared with the second quarter, operating profit for the third quarter decreased by SEK 180 million to SEK 1 921 million. A weaker wood products market had an adverse impact, but this was largely offset by higher earnings in other business areas.
- Profit after tax for January–September amounted to SEK 4 606 million (2 136), which corresponds to earnings per share of SEK 28.5 (13.2).
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 information such that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The in-formation was submitted for publication, through the agency of the contact person set out above, at 07.30 CEST on Thursday, 20 October 2022.