Quarter January-June Full year
SEKm 2-15 1-15 2-14 2015 2014 2014
Net turnover 4 139 4 154 3 946 8 293 8 027 15 994
Operating profit excl.
items affecting comparability		 435 396 351 831 740 1 734
Operating profit 435 396 351 831 740 1 284
Profit after tax 322 298 250 620 526 907
Earnings per share, SEK 3.8 3.5 3.0 7.4 6.3 10.8
Return on equity, % 6.1 5.6 4.8 5.8 5.0 4.3
Cash flow before investments 574 522 484 1 097 1 024 2 176
Debt/equity ratio 0.29 0.26 0.31 0.29 0.31 0.28
  • Operating profit for January–June 2015 was SEK 831 million (January–June 2014: SEK 740 million). The improvement in earnings was due to reduced costs and increased paperboard sales. Prices for printing paper and sawn timber decreased but were partly offset by a weaker Swedish krona.
  • Compared with the first quarter, operating profit increased by SEK 39 million to SEK 435 million. Hydro power earnings decreased seasonally. First-quarter earnings were negatively affected by costs relating to shutdowns for maintenance and rebuilding.
  • Profit after tax for January–June amounted to SEK 620 million (526), which corresponds to earnings per share of SEK 7.4 (6.3). Return on equity was 5.8 per cent (5.0).

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 13 August 2015 at 12.30 CET.