Holmen: Holmen’s Interim Report January–September 2016

Regulatory News:

Holmen (STO:HOLMB) (STO:HOLMA)

* Excluding items affecting comparability, which are included in operating profit at SEK -232 million in 2016 and SEK -931 million in 2015. See also page 15.

· Operating profit excluding items affecting comparability for January–September 2016 increased by SEK 259 million to SEK 1 583 million as a result of higher profits in paper.

· Compared with the second quarter, operating profit for the third quarter increased by SEK 37 million to SEK 520 million as a result of seasonally lower costs.

· Profit after tax for January–September amounted to SEK 982 million (997), which corresponds to earnings per share of SEK 11.7 (11.9). Excluding items affecting comparability, profit after tax amounted to SEK 1 212 million (997) and earnings per share to SEK 14.4 (11.9).

· Following the divestment of the mill in Madrid, the paper business has been focused on magazine and book paper, which in the third quarter increased to account for 85 per cent of paper sales. Investments made in paperboard provide potential for production increases, but production disruptions led to paperboard production being largely unchanged in the third quarter. Reduced costs and higher prices have increased current year earnings from forests. Together with hydro power, forests account for two-thirds of the Group’s capital employed.

This information is information that Holmen AB is obliged to make public pursuant to the EU Market Abuse Regulation and/or the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on 26 October 2016 at 12.35 CET.

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20161026005815/en/