Holmen Interim Report January-September 2020
Highlights:
*Operating profit for January-September was SEK 1 884 million (January-September 2019: 1 758). Profit was impacted positively by higher profit from Paperboard and Forest, but negatively by price decreases and production curtailments in Paper.
*Compared with the second quarter, operating profit increased by SEK 172 million to SEK 714 million as a result of increased prices for wood products, decreased production curtailments in Paper and seasonally lower costs.
*Profit after tax for January-September amounted to SEK 1 467 million (1 363), which corresponds to earnings per share of SEK 9.1 (8.1).
*A dividend of SEK 3.5 per share (SEK 567 million) was paid on 23 September.
*On 1 October Holmen completed the acquisition of Martinsons, one of Sweden’s leading players in sawn and processed wood products.
http://investors.holmen.com/files/press/holmen/202010212450-1.pdf