Quarter | Full year | ||||
SEKm | 4-23 | 3-23 | 4-22 | 2023 | 2022 |
Net sales | 5 400 | 5 418 | 6 245 | 22 795 | 23 952 |
EBITDA* | 1 059 | 1 505 | 1 965 | 6 114 | 8 607 |
Operating profit excl. item affecting comparability | 714 | 1 166 | 1 622 | 4 755 | 7 262 |
Operating profit | 714 | 1 166 | 1 622 | 4 755 | 7 527 |
Profit after tax | 538 | 898 | 1 268 | 3 697 | 5 874 |
Earnings per share, SEK | 3.4 | 5.6 | 7.8 | 23.0 | 36.3 |
Operating margin, %* | 13 | 22 | 26 | 21 | 30 |
Book value, forest assets, SEKm | 56 348 | 52 638 | 52 151 | 56 348 | 52 151 |
Cash flow before investments and change in working capital | 551 | 1 172 | 985 | 5 311 | 6 768 |
Net financial debt | 1 869 | 2 616 | 2 145 | 1 869 | 2 145 |
Debt/equity ratio, % | 3 | 5 | 4 | 3 | 4 |
*Excl. the item affecting comparability 2022; see page 14.
- Operating profit for 2023 amounted to
SEK 4 755 million (2022: 7 527). Excluding the item affecting comparability last year, operating profit decreased bySEK 2 507 million, mainly due to weaker market conditions for wood products and paperboard. -
Compared with the third quarter, operating profit for the fourth quarter decreased by
SEK 452 million toSEK 714 million . Earnings were negatively affected by a major maintenance shutdown (SEK -180 million ), slightly lower prices for paper and wood products and seasonally higher fixed costs. -
Profit after tax in 2023 amounted to
SEK 3 697 million (5 874), which corresponds to earnings per share ofSEK 23.0 (36.3). -
The book value of the Group's forest assets, calculated based on market prices for forest properties, increased by 8 per cent during the annual revaluation, from
SEK 52 151 million at the beginning of the year toSEK 56 348 million. -
The Board of Directors proposes that the ordinary dividend increases from
SEK 8 toSEK 8.5 per share and a payment of an extra dividend ofSEK 3 per share.
For further information please contact:
This is information that
https://news.cision.com/holmen/r/holmen-s-year-end-report-2023,c3918277
https://mb.cision.com/Main/308/3918277/2571911.pdf
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