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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Regulatory press release

Holmen's Interim Report January-March 2026

Holmen
Download the release
 Quarter Full year
SEKm 1-26 4-25 1-25 2025
Net sales 5 473 5 183 5 973 22 056
EBITDA 1 177 1 100 1 348 4 733
Operating profit 827 739 988 3 270
Profit after tax 618 581 752 2 879
Earnings per share, SEK 4.0 3.8 4.8 18.5
Operating margin, % 15 14 17 15
Book value, forest assets 56 908 56 711 58 098 56 711
Cash flow before investments and change in working capital 986 1 316 1 129 3 901
Net financial debt 4 186 4 979 3 560 4 979
Debt/equity ratio, % 8 9 6 9
  • Operating profit for January-March amounted to SEK 827 million (January-March 2025: 988), which corresponds to an operating margin of 15 per cent. Profit from Holmen's industries decreased, while profit from hydro and wind power assets increased significantly.
  • Compared with the fourth quarter, operating profit increased by SEK 88 million as a result of strong result for Renewable Energy, while profit from Board and Paper decreased. 
  • Profit after tax for January-March amounted to SEK 618 million (752), which corresponds to earnings per share of SEK 4.0 (4.8).
  • The Annual General Meeting approved a dividend of SEK 9.5 per share (SEK 1 458 million), which was paid in April. 

For further information please contact: 
Henrik Sjölund, President and CEO, tel. +46 8 666 21 05
Stefan Loréhn, CFO, tel. +46 8 666 21 22
Stina Sandell, Senior Vice President Sustainability and Communications, tel. +46 73 986 51 12 

This is information that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07.30 CEST on Tuesday, 28 April 2026.