HOLMb Company profile
About Holmen AB
Holmen AB is a Sweden-based company active primarily within the paper products sector. The Company is engaged in the manufacture of printing paper, paperboard and sawn timber and conducting forestry and energy production operations. The Company’s operations are divided into five business areas. The Holmen Paper business area manufactures magazine and book paper, white and colored newsprint, and telephone directory paper at two mills in Sweden and one in Spain. The Iggesund Paperboard business area produces solid bleached board (SBB) and folding boxboard (FBB) for consumer packaging and graphics printing at one mill in Sweden and one in the United Kingdom. The Holmen Timber business area produces pine joinery timber and spruce construction timber at two Swedish sawmills. The Holmen Skog business area is responsible for the Company’s forests and wood supply. The Holmen Energi business area is in charge of the Company’s hydro and wind power operations.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Holmen AB revenues increased 19% to SEK19.48B. Net income applicable to common stockholders increased 52% to SEK3B. Revenues reflect WOOD PRODUCTS segment increase from SEK2.22B to SEK4.87B, PAPER segment increase of 12% to SEK5.44B, RENEWABLE ENERGY segment increase of 28% to SEK481M, Rest of Europe segment increase of 45% to SEK4.38B, Sweden segment increase of 27% to SEK5.34B.
Equity composition
4/2018, 2-for-1 stock split (Factor: 2);Nominal value change from SEK 50 to SEK 25.
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