Quarter | Full year | |||
SEKm | 1-13 | 4-12 | 1-12 | 2012 |
Net turnover | 4 158 | 4 276 | 4 778 | 17 852 |
Operating profit excl. items affecting comp.* | 238 | 271 | 560 | 1 713 |
Operating profit | 98 | 78 | 560 | 1 520 |
Profit after tax | 42 | 902 | 389 | 1 853 |
Earnings per share, SEK | 0.5 | 10.7 | 4.6 | 22.1 |
Return on equity, % | 0.8 | 17.7 | 7.9 | 9.3 |
* Items affecting comparability relate to impairment losses and restructuring costs at Holmen Paper of SEK -140 million in the first quarter of 2013 and SEK -193 million in the fourth quarter of 2012.
- Profit after tax for January - March 2013 was SEK 42 (January - March 2012: 389) million.
- Earnings per share amounted to SEK 0.5 (4.6).
- Return on equity was 0.8 per cent (7.9).
- Operating profit excluding items affecting comparability totalled SEK 238 (560) million. The decline was mainly attributable to lower selling prices for printing paper and a stronger Swedish krona.
- Compared to the fourth quarter, operating profit excluding items affecting comparability decreased by SEK 33 million as a result of lower profit in printing paper.
- The market situation for paperboard was stable, while demand for printing paper and sawn timber remained weak.
- During the quarter it was decided to close a paper machine with a capacity of 200 000 tonnes at Braviken Paper Mill.
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, Communications 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 2013 in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 12.50 CET on Wednesday April 24, 2013.