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Holmen AB (HOLMb.ST)

HOLMb.ST on Stockholm Stock Exchange

422.80SEK
13 Dec 2017
Change (% chg)

4.80kr (+1.15%)
Prev Close
418.00kr
Open
418.00kr
Day's High
423.00kr
Day's Low
415.70kr
Volume
103,587
Avg. Vol
91,508
52-wk High
423.00kr
52-wk Low
311.00kr

Latest Key Developments (Source: Significant Developments)

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

Holmen sees next big Iggesund mill maintenance stop end-2017
Wednesday, 17 Aug 2016 

Holmen AB CEO Henrik Sjolund tells analyst conference: next big maintenance stop at iggesund board mill in sweden is planned for end-2017, next big at workington, uk mill a year from now Further company coverage: [HOLMb.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

Holmen Q2 operating profit slightly lags expectations
Wednesday, 17 Aug 2016 

Holmen Ab : Q2 operating profit 483 million sek versus mean forecast 489 million in reuters poll . Q2 sales 3 937 million sek versus mean forecast 4,059 million in reuters poll .Says during q3, braviken paper mill will have a maintenance shutdown, expected to negatively affect earnings by sek 40 million.  Full Article

Holmen says completes sale of newsprint mill in Spain
Thursday, 30 Jun 2016 

Holmen AB :Sale of newsprint mill in spain completed.  Full Article

Holmen makes investment of 50 mln SEK at Braviken sawmill
Wednesday, 25 May 2016 

Holmen AB : Holmen invests in a wood treatment plant at Braviken sawmill . Says investment is estimated to amount to SEK 50 million .Says wood treatment plant is scheduled to be up and running from winter 2016/2017.  Full Article

Holmen sells Spain newsprint mill with SEK 300 mln hit
Wednesday, 16 Mar 2016 

Holmen AB:Says has signed an agreement to sell its newsprint mill in Madrid, Spain, including energy and recycled paper operations.The buyer, International Paper, will convert the mill into containerboard production.Says its Q1 operating profit will be negatively impacted by 300 million Swedish crowns, which will be reported as item affecting comparability.Says Cash Flow, excluding working capital, will be positively impacted by 500 million crowns upon closing of transaction which is expected in Q2.Says financial effects of selling newsprint from Madrid mill during period until conversion is expected to be limited.Says ‍after sale of Madrid mill, printing paper operations have potential to deliver good profitability.  Full Article

Holmen AB proposes dividend of SEK 10.5 per share
Friday, 5 Feb 2016 

Holmen AB:Says Board proposes a dividend of SEK 10.5 (10) per share.  Full Article

Sweden drops bribery probe of former finmin, bank chief

STOCKHOLM, July 12 A Swedish prosecutor said on Wednesday he had dropped a bribery investigation into former finance minister Anders Borg's participation in hunting trips without bringing any charges.