Quarter Full year
SEKm 1-15 4-14 1-14 2014
Net sales 4 154 4 011 4 081 15 994
Operating profit excl.
items affecting comparability		 396 472 389 1 734
Operating profit 396 22 389 1 284
Profit after tax 298 -4 276 907
Earnings per share, SEK 3.5 -0.1 3.3 10.8
Return on equity, % 5.6 0.0 5.3 4.3
Cash flow before investing activities 522 414 540 2 176
Debt/equity ratio 0.26 0.28 0.28 0.28

  • Operating profit for January–March 2015 was SEK 396 million (January–March 2014: SEK 389 million). Profit was positively affected by increased sales of paperboard and reduced production costs, while major planned maintenance and rebuilding shutdowns had a negative impact of SEK 130 million. Price decreases for printing paper and sawn timber were offset by a weaker Swedish krona.
  • Compared with the fourth quarter, operating profit decreased by SEK 76 million, excluding the previous quarter’s item affecting comparability. The decrease was due to maintenance and rebuilding shutdowns, which was partly offset by improved profit for forest and energy.
  • Profit after tax amounted to SEK 298 million (276), which corresponds to earnings per share of SEK 3.5 (3.3). Return on equity was 5.6 per cent (5.3).

For further information please contact:
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05 
Anders Jernhall, CFO, tel. +46 8 666 21 22 
Ingela Carlsson, Communications Director, tel. +46 70 212 97 12

This is information that Holmen AB is obliged to disclose under the Swedish Securities Market Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication on 8 May 2015 at 12.15 CET