Edition:
United States

Holmen AB (HOLMb.ST)

HOLMb.ST on Stockholm Stock Exchange

229.80SEK
17 Aug 2018
Change (% chg)

5.30kr (+2.36%)
Prev Close
224.50kr
Open
224.00kr
Day's High
232.00kr
Day's Low
223.00kr
Volume
415,172
Avg. Vol
233,571
52-wk High
241.20kr
52-wk Low
170.55kr

Latest Key Developments (Source: Significant Developments)

Holmen sells forest properties for SEK 100 mln
Thursday, 30 Nov 2017 06:00am EST 

Nov 30 (Reuters) - Holmen AB ::HOLMEN SELLS FOREST PROPERTIES.SAYS GROUP'S EARNINGS WILL BE POSITIVELY IMPACTED BY JUST OVER SEK 70 MILLION IN Q1 OF 2018.SAYS SIGNED AN AGREEMENT TO SELL FOREST PROPERTIES IN NORTH-WEST JAMTLAND, SWEDEN, FOR SEK 100 MILLION.  Full Article

Holmen Q3 operating profit tops forecast
Tuesday, 24 Oct 2017 05:50am EDT 

Oct 24 (Reuters) - Holmen AB :Q3 sales ‍3,947​ million SEK versus mean forecast 3,887 million in Reuters poll.Q3 operating profit ‍593​ million SEK versus mean forecast 568 million in Reuters poll.Says profit in paperboard in the fourth quarter is expected to be negatively impacted by just over SEK 100 million as a result of a maintenance shutdown at Iggesund mill‍​.Holmen AB says at current exchange rates, the fourth quarter is expected to be negatively affected by approximately SEK 30 million compared with the third quarter‍​.  Full Article

Holmen Q2 operating profit just below forecasts
Thursday, 17 Aug 2017 06:45am EDT 

Aug 17 (Reuters) - Holmen :Q2 sales 4,148 million SEK versus mean forecast 3,851 million in Reuters poll.Q2 operating profit ‍525​ million SEK versus mean forecast 529 million in Reuters poll.Says ‍production of paperboard, paper and wood products has been established at a higher level than previous years and sales mix has developed well​.Repeats profit in the fourth quarter is expected to be negatively impacted by just over SEK 100 million as a result of maintenance shutdown at Iggesund mill.  Full Article

Holmen Q1 operating profit tops forecast
Wednesday, 3 May 2017 06:45am EDT 

May 3 (Reuters) - Holmen AB :Q1 sales 4,131 million SEK versus mean forecast 3,930 million in Reuters poll.Q1 operating profit 627 million SEK versus mean forecast 597 million in reuters poll.Says the improvement in profit was mainly due to higher earnings from paper and wood products.Says selling prices paper were largely unchanged in the first quarter.Says maintenance shutdowns in paperboard are expected to have a negative impact of around SEK 50 million on earnings in Q2, and of slightly more than SEK 100 million in Q4.  Full Article

Holmen Q4 operating profit, dividend top forecast
Wednesday, 8 Feb 2017 06:30am EST 

Holmen Ab : Q4 sales 3,937 million SEK versus mean forecast 3,886 million in Reuters poll . Q4 operating profit 579 million SEK versus mean forecast 517 million in Reuters poll . Says board proposes a dividend of 12 SEK/share vs year-ago 10.5 SEK . Dividend for 2016 was seen at 11.20 SEK/share in Reuters poll . Says maintenance shutdowns in Paperboard unit are expected to affect 2017 earnings by approximately SEK 150 million .Says prices for the group's estimated net consumption of electricity in Sweden are 80–90 percent hedged for 2017–2020 and 60 percent hedged for 2021.  Full Article