Interim Report January-September 2007 
                                 
The Group’s net turnover for January-September 2007 amounted to MSEK 14 086 (January-September 2006: 13 762). Profit after tax was MSEK 1 164 (1 090). Earnings per share amounted to SEK 13.7 (12.9). Return on equity was 9.5% (9.0). Holmen

The operating profit was MSEK 1 804 (1 714). The result was favourably affected by higher newsprint prices, while it was adversely affected by higher costs of wood and recovered paper, extensive maintenance and rebuilding stops and lower deliveries.



                                                      Quarter         January-September      Full year 
MSEK                 3-07       2-07   3-06        2007   2006              2006 
Net turnover       4 637    4 662   4 521     14 086  13 762           18 592 
Operating profit    642       529      610       1 804    1 714           2 303 
Profit after tax      438       329      382       1 164    1 090           1 459 
Earnings per
share, SEK           5.2        3.9       4.5        13.7      12.9              17.2 
Return on equity  10.6       8.2       9.5        9.5         9.0               9.0 

The operating profit for the third quarter amounted to MSEK 642, which was MSEK 113 higher than for the second quarter. The profit includes MSEK 105 on the sale of shares. Moreover, the result was adversely affected by costs and loss of production associated with a stop for rebuilding at the board mill in Iggesund. The market situation for newsprint in Europe has been affected by lower demand and higher imports. Holmen Paper’s deliveries were 1% lower than in January-September 2006. The prices of Holmen Paper’s products were on average some 3% higher than during the corresponding period last year ... Read more