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Holmen AB (HOLMb.ST)

HOLMb.ST on Stockholm Stock Exchange

221.05SEK
2:47pm IST
Change (% chg)

14.35kr (+6.94%)
Prev Close
206.70kr
Open
212.00kr
Day's High
221.60kr
Day's Low
211.00kr
Volume
218,045
Avg. Vol
227,861
52-wk High
241.20kr
52-wk Low
170.55kr

Latest Key Developments (Source: Significant Developments)

Holmen Q2 profit tops forecast on strong sawn timber business
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Holmen AB ::Q2 OPERATING PROFIT 618 MILLION SEK VERSUS MEAN FORECAST SEK 584 MILLION IN REUTERS POLL.Q2 SALES 4,164 MILLION SEK VERSUS MEAN FORECAST SEK 4,206 MILLION IN REUTERS POLL.SAYS PAPERBOARD PRODUCTION WAS STRONG AND SELLING PRICES FOR WOOD PRODUCTS INCREASED.SAYS WE ESTIMATE THAT THE COST OF DEALING WITH FIRE DAMAGE AND REPLANTING AREAS AFFECTED WILL AMOUNT TO SEK 30 MILLION.SAYS THE FIRES WILL, HOWEVER, NOT HAVE ANY EFFECT ON FUTURE HARVESTS.  Full Article

Holmen Subsidiary Iggesund Paperboard Announces 150 Redundancies
Wednesday, 13 Jun 2018 

June 13 (Reuters) - Holmen AB ::IGGESUND PAPERBOARD ANNOUNCES 150 REDUNDANCIES.LOCAL NEGOTIATIONS WITH AFFECTED EMPLOYEE ORGANISATIONS WILL NOW BEGIN WITH A VIEW TO COMPLETING CUTBACK IN PERSONNEL BEFORE END OF YEAR..PREPARING TO INCREASE PRODUCTION CAPACITY BY AROUND 100 000 TONNES.  Full Article

Holmen sells forest properties for SEK 100 mln
Thursday, 30 Nov 2017 

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 

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