Quarter | Full year | ||||
SEKm | 4-21 | 3-21 | 4-20 | 2021 | 2020 |
Net sales | 4 770 | 4 877 | 4 249 | 19 479 | 16 327 |
Operating profit excl. item affecting comparability | 1 185 | 1 129 | 595 | 4 061 | 2 479 |
Operating profit | 1 006 | 978 | 595 | 3 731 | 2 479 |
Profit after tax | 868 | 763 | 512 | 3 004 | 1 979 |
Earnings per share, SEK | 5.4 | 4.7 | 3.2 | 18.5 | 12.2 |
Operating margin, %* | 25 | 23 | 14 | 21 | 15 |
Book value, forest assets | 47 080 | 43 693 | 43 202 | 47 080 | 43 202 |
Cash flow before investments and change in working capital | 704 | 980 | 369 | 3 375 | 2 411 |
Debt/equity ratio, % | 9 | 10 | 10 | 9 | 10 |
*Excluding item affecting comparability in Q4-21 and Q3-21, see page 16.
- Operating profit for 2021 amounted to
SEK 3 731 million (2020: 2 479). Excluding the item affecting compa-rability related to the damaged turbine at the paperboard mill inWorkington , operating profit increased bySEK 1 582 million toSEK 4 061 million as a result of higher prices for wood products and the expansion of the wood products business. -
Operating profit for the fourth quarter excluding the item affecting comparability was
SEK 1 185 million, compared withSEK 1 129 million in the third quarter. The sale of a British forest property had a positive im-pact on profit of just overSEK 200 million , while lower wood product prices had a negative impact on profit. -
Profit after tax in 2021 amounted to
SEK 3 004 million (1 979), which corresponds to earnings per share ofSEK 18.5 (12.2). -
Prices for forest properties continued to increase in 2021, which meant that the recognised value of forest assets during the annual revaluation increased 9 per cent from
SEK 43 202 million at the beginning of the year toSEK 47 080 million. -
The Board proposes an ordinary dividend of
SEK 7.50 per share and an extra dividend ofSEK 4.00 per share.
For further information please contact:
This information such that
Holmen's business is built around the forest ecocycle and the renewable products we can create from it. Our business areas are Forest, Renewable Energy, Wood Products, Paperboard and Paper. With a workforce of 3 500 people, we create value for shareholders, customers and society. Our net sales in 2021 amounted to over
https://news.cision.com/holmen/r/holmen-s-year-end-report-2021,c3494327
https://mb.cision.com/Main/308/3494327/1526596.pdf
(c) 2022 Cision. All rights reserved., source