| Quarter | Full year | |||
| SEKm | 1-12 | 4-11 | 1-11 | 2011 |
| Net turnover | 4 778 | 4 630 | 4 721 | 18 656 |
| EBITDA | 789 | 729 | 864 | 3 240 |
| Operating profit* | 560 | 410 | 558 | 1 980 |
| Profit after tax* | 389 | 291 | 370 | 1 307 |
| Earnings per share, SEK* | 4.6 | 3.5 | 4.4 | 15.6 |
| Return on equity, % * | 7.9 | 6.8 | 8.8 | 7.8 |
*Excluding revaluation of forest in Q4 2011: + SEK 3 593 million before tax (SEK 2 648 million after tax).
- Profit after tax for January - March 2012 was SEK 389 million (January - March 2011: SEK 370 million).
- Earnings per share reached SEK 4.6 (4.4). Return on equity totalled 7.9 per cent (8.8).
- Operating profit reached SEK 560 million (558). Earnings from forest and energy increased while the lower outcome from currency hedges had a negative impact on printing paper and paperboard.
Compared with the fourth quarter, operating profit increased by SEK 150 million following improvements in all business areas.
- Demand for paperboard in Europe improved in the first quarter but remained weak for printing paper and sawn timber.
For further information, please contact:
Magnus Hall, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, CFO, tel. +46 8 666 21 22
Ingela Carlsson, Public Relations Director, tel. +46 70 212 97 12
In its capacity as issuer, Holmen AB is releasing the information in this interim report for January-March 2012 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 13.20 CET on Tuesday May 8 2012.
This is a translation of the Swedish year-end report of Holmen Aktiebolag (publ.). In the event of inconsistency between the English and the Swedish versions, the Swedish version shall prevail.