Holmen's operating profit for 2017 amounted to SEK 2 166 million ($274 million), compared to SEK 2 162 million ($273 million) in 2016. Deliveries of paperboard, paper and wood products increased and the sales mix improved, but this was offset by higher costs for input goods and shipping, as well as significant maintenance shutdowns.
Compared with the 3Q 2017, operating profit decreased by SEK 172 million ($23.5 million) to SEK 421 million ($53.3 million), mainly as a result of costs and production losses from a maintenance shutdown at Iggesund Mill.
Profit after tax for 2017 was SEK 1 668 million ($211 million), which corresponds to earnings per share of SEK 19.9 ($2.5).
Source: Lesprom Network
