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.