Quarter Jan-Sep Full year
SEKm 3-23 2-23 3-22 2023 2022 2022
Net sales 5 418 5 754 5 784 17 395 17 707 23 952
Operating profit excl. item affecting comparability 1 166 1 138 1 921 4 041 5 640 7 262
Operating profit 1 166 1 138 1 921 4 041 5 905 7 527
Profit after tax 898 890 1 482 3 159 4 606 5 874
Earnings per share, SEK 5.6 5.5 9.1 19.6 28.5 36.3
Operating margin, %* 22 20 33 23 32 30
Cash flow before investments and change in working capital 1 172 1 289 1 662 4 761 5 783 6 768
Debt/equity ratio, % 5 5 5 5 5 4

*Excl. item affecting comparability 2022; see page 15.

  • Operating profit for January-September 2023 was SEK 4 041 million (January-September 2022: SEK 5 905 million). Excluding the item affecting comparability last year, operating profit decreased by SEK 1 599 million due to weaker market conditions for wood products and paperboard. 
  • Compared with the second quarter, operating profit for the third quarter increased by SEK 28 million to SEK 1 166 million. The operating margin was 22 (20) per cent.
  • Profit after tax for January-September amounted to SEK 3 159 million (4 606), which corresponds to earnings per share of SEK 19.6 (28.5).
  • Own shares were bought back for SEK 152 million in the third quarter, and a total of SEK 1 119 million have been bought back over the year, equal to 1.7 per cent of outstanding shares. 

For further information please contact:
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, Executive Vice President and CFO, tel. +46 8 666 1 22
Stina Sandell, Senior Vice President Sustainability and Communications, tel. +46 73 986 51 12

This is information that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CEST on Wednesday, 25 October 2023.