Holmen’s year-end report 2022
| Quarter | Full year | ||||
| SEKm | 4-22 | 3-22 | 4-21 | 2022 | 2021 |
| Net sales | 6 245 | 5 784 | 4 770 | 23 952 | 19 479 |
| Operating profit excl. item affecting comparability | 1 622 | 1 921 | 1 185 | 7 262 | 4 061 |
| Operating profit | 1 622 | 1 921 | 1 006 | 7 527 | 3 731 |
| Profit after tax | 1 268 | 1 482 | 868 | 5 874 | 3 004 |
| Earnings per share, SEK | 7.8 | 9.1 | 5.4 | 36.3 | 18.5 |
| Operating margin, %* | 26 | 33 | 25 | 30 | 21 |
| Book value, forest assets, SEKm | 52 151 | 47 602 | 47 080 | 52 151 | 47 080 |
| Cash flow before investments and change in working capital | 985 | 1 662 | 704 | 6 768 | 3 375 |
| Debt/equity ratio, % | 4 | 5 | 9 | 4 | 9 |
*Excl. item affecting comparability.
- Operating profit for 2022 amounted to SEK 7 527 million (2021: 3 731). Excluding item affecting comparability, operating profit increased by SEK 3 201 million to SEK 7 262 million due to higher selling prices for paper and paperboard, while cost inflation was limited by a high level of wood and energy self-sufficiency.
- Compared with the third quarter, operating profit for the fourth quarter decreased by SEK 299 million to SEK 1 622 million. A major maintenance shutdown had a SEK 250 million negative impact on fourth-quarter earnings.
- Profit after tax in 2022 amounted to SEK 5 874 million (3 004), which corresponds to earnings per share of SEK 36.3 (18.5).
- Prices for forest properties continued to increase in 2022, which meant that the book value of the Group’s forest assets during the annual revaluation increased by 11 per cent from SEK 47 080 million at the beginning of the year to SEK 52 151 million.
- The Board of Directors proposes an ordinary dividend of SEK 8 per share and an extra dividend of SEK 8 per share.
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 information was submitted for publication, through the agency of the contact person set out above, at 07.30 CET on Tuesday, 31 January 2023.