News Column

Holmen’s interim report January-March 2014

May 7, 2014

Quarter Full year SEKm 1-14 4-13 1-13 2013 Net turnover 4 081 3 938 4 158 16 231 Operating profit excl. 389 338 238 1 209 items affecting comparability Operating profit 389 338 98 1 069 Profit after tax 276 230 42 711 Earnings per share, SEK 3.3 2.7 0.5 8.5 Return on equity, % 5.3 4.5 0.8 3.4 Cash flow before investing activities 540 444 352 2 011 Debt/equity ratio 0.28 0.29 0.31 0.29



· Operating profit, excluding items affecting comparability, totalled SEK 389 million (January–March 2013: 238). The improvement in profit is due to higher prices for printing paper, more stable paperboard production as well as higher prices and increased deliveries for sawn timber.

· Compared with the fourth quarter, operating profit rose by SEK 51 million, mainly as a result of price increases for printing paper.

· The market situation for paperboard was good. Demand for sawn timber increased from low levels. Demand for printing paper continued to decline.

· Profit after tax amounted to SEK 276 million (42), which corresponds to earnings per share of SEK 3.3 (0.5). Return on equity was 5.3 per cent (0.8).

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/or the Swedish Financial Instruments Trading Act. The information was distributed to the media for publication at 12:30 CET on Wednesday May 7, 2014.



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http://news.cision.com/holmen/r/holmen-s-interim-report-january-march-2014,c9580647

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Source: Cision