HOLMEN AB | Quarter | Full year | |||
| SEKm | 1-21 | 4-20 | 1-20 | 2020 |
| Net sales | 4 703 | 4 249 | 4 499 | 16 327 |
| Operating profit | 849 | 595 | 628 | 2 479 |
| Profit after tax | 675 | 512 | 491 | 1 979 |
| Earnings per share, SEK | 4.2 | 3.2 | 3.0 | 12.2 |
| Operating margin, % | 18 | 14 | 14 | 15 |
| Return on capital employed, % | 6 | 6 | 7 | 6 |
| Return on equity, % | 5 | 5 | 6 | 5 |
| Cash flow before investments and change in working capital | 672 | 369 | 615 | 2 411 |
| Debt/equity ratio, % | 9 | 10 | 9 | 10 |
Operating profit for January-March was
SEK 849 million (January-March 2020 : 628). The increase in
earnings can be attributed to higher prices and volumes for wood products, as well as lower production costs in paperboard.Compared with the fourth quarter, operating profit increased by
SEK 254 million due to rising prices for wood products and seasonally higher earnings from hydro power, as well as the negative impact on the previous quarter of a major maintenance shutdown in paperboard.- Profit after tax for January-March amounted to
SEK 675 million (491), which corresponds to earnings per share ofSEK 4.2 (3.0).
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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 3 300 people, we create value for shareholders, customers and society. Our net sales in 2020 amounted to just over
https://news.cision.com/holmen/r/holmen-interim-report-january-march-2021,c3336584
https://mb.cision.com/Main/308/3336584/1409962.pdf
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