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.