Holmen has published its interim report January-March 2014. Operating profit, excluding items affecting comparability, totalled SEK 389 million. The improvement in profit is due to higher prices for printing paper, more stable paperboard production as well as higher prices and increased deliveries for sawn timber.
Compared with the fourth quarter, operating profit rose by SEK 51 million, mainly as a result of price increases for printing paper.
The market situation for paperboard was good. Demand for sawn timber increased from low levels. Demand for printing paper continued to decline.
Profit after tax amounted to SEK 276 million (42), which corresponds to earnings per share of SEK 3.3 (0.5). Return on equity was 5.3 per cent (0.8).
