• Operating profit for January-June 2024 amounted to SEK 1 927 million (January-June 2023: 2 875). The decrease in operating profit is due to lower paper prices and the positive impact of income from the sale of surplus electricity the previous year.
• Compared with the first quarter, operating profit for the second quarter increased by SEK 39 million to SEK
983 million. The operating margin was 17 per cent (17).
• Profit after tax for January-June amounted to SEK 1 487 million (2 261), which corresponds to earnings per
share of SEK 9.3 (14.0).
• A total of SEK 1 831 million of ordinary and extra dividends was paid in the second quarter.
• The Board of Directors has decided to initiate the repurchase of up to 3 million shares.
Comments from the CEO
Interim Report Q2 2024
Holmen reports strong results despite market challenges
The second quarter was characterised by cautious consumers and low activity in the construction sector, while competition for wood raw materials remained high. Despite the challenges, thanks to our integrated business model based in the forest, Holmen has managed to maintain earnings at a good level with an operating profit of SEK 983 m.
