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Holmen AB (HOLMb.ST)

HOLMb.ST on Stockholm Stock Exchange

194.72SEK
2:18pm IST
Change (% chg)

-1.06kr (-0.54%)
Prev Close
195.78kr
Open
195.80kr
Day's High
196.48kr
Day's Low
194.62kr
Volume
16,887
Avg. Vol
177,433
52-wk High
241.20kr
52-wk Low
188.50kr

Latest Key Developments (Source: Significant Developments)

Holmen invests 170 mln SEK to increase production at Braviken
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Holmen AB ::HOLMEN IS INVESTING IN INCREASING PRODUCTION AT BRAVIKEN SAWMILL.SAYS HAS DECIDED TO INVEST SEK 170 MILLION TO INCREASE PRODUCTION OF WOOD PRODUCTS AT BRAVIKEN SAWMILL.SAYS AT SAME TIME, A RAIL-BASED SOLUTION IS BEING SET UP TO TRANSPORT RAW MATERIAL FROM HOLMEN'S OWN FOREST IN NORTHERN SWEDEN TO INDUSTRIAL FACILITIES IN NORRKÖPING.  Full Article

Holmen Q3 operating profit flat year/year
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Holmen AB ::Q3 OPERATING PROFIT 591 MILLION SEK (593).Q3 SALES 3,844 MILLION SEK (3,947).Q3 OPERATING PROFIT EARNINGS WERE IMPACTED BY A SIGNIFICANT MAINTENANCE SHUTDOWN AND COSTS RELATING TO FOREST FIRES MILLION SEK.Q3 OPERATING PROFIT PERSONNEL COSTS WERE SEASONALLY LOW AND SELLING PRICES FOR PAPER AND WOOD PRODUCTS INCREASED SLIGHTLY MILLION SEK.SAYS WE ARE EVALUATING POSSIBILITIES OF MAKING TARGETED INVESTMENTS TO REMOVE BOTTLENECKS AND BOOST PRODUCTION OF BOTH PULP AND PAPERBOARD.SAYS THE PRE-PROJECT TO VALIDATE POSSIBILITIES FOR INCREASING PRODUCTION OF SOLID BLEACHED BOARD BY 100 000 TONNES THROUGH INCREASED INVESTMENT IS CONTINUING.  Full Article

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