Recent Insider Transactions • May 03
Chief Financial Officer recently bought kr347k worth of stock On the 29th of April, Stefan Lorehn bought around 1k shares on-market at roughly kr316 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stefan has been a buyer over the last 12 months, purchasing a net total of kr720k worth in shares. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: kr4.00 (vs kr4.80 in 1Q 2025) First quarter 2026 results: EPS: kr4.00 (down from kr4.80 in 1Q 2025). Revenue: kr5.91b (down 1.0% from 1Q 2025). Net income: kr618.0m (down 18% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • Mar 31
Holmen AB (Publ) Approves Dividend, Payable on 8 April 2026 Holmen AB (publ) announced dividend of SEK 9.50 per share was approved at Holmen’s Annual General Meeting. The dividend record date was confirmed as 1 April 2026. Given this record date, the dividend is expected to be paid on 8 April 2026. Upcoming Dividend • Mar 24
Upcoming dividend of kr9.50 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 08 April 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 85%. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.9%). Annuncio • Mar 13
Holmen Announces Executive Changes, Effective June 1, 2026 Holmen announced that Johan Padel, Head of the Wood Products business area, has decided to leave Holmen during the course of the year. He will be succeeded by Karolina Svensson, currently Head of Business Development for Wood Products. Johan Padel will assume the position of Chair of Martinsons Byggsystem, which is part of the Holmen Group. Karolina Svensson has many years of experience from several positions within Holmen, including as Marketing Director for the Paper business area, Head of Group-level Strategy, and most recently Head of Business Development for Wood Products. Karolina Svensson will assume her new role as Head of the Wood Products business area on June 1, 2026. Reported Earnings • Mar 10
Full year 2025 earnings released: EPS: kr18.47 (vs kr18.02 in FY 2024) Full year 2025 results: EPS: kr18.47 (up from kr18.02 in FY 2024). Revenue: kr22.8b (down 3.8% from FY 2024). Net income: kr2.88b (flat on FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 26
Dividend of kr9.50 announced Shareholders will receive a dividend of kr9.50. Ex-date: 31st March 2026 Payment date: 8th April 2026 Dividend yield will be 2.7%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS is expected to remain steady over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 01
Full year 2025 earnings released: EPS: kr18.50 (vs kr18.02 in FY 2024) Full year 2025 results: EPS: kr18.50 (up from kr18.02 in FY 2024). Revenue: kr22.1b (down 7.0% from FY 2024). Net income: kr2.88b (flat on FY 2024). Profit margin: 13% (up from 12% in FY 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • Jan 09
Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026 Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026 Annuncio • Dec 12
Holmen AB (publ) to Report Fiscal Year 2025 Final Results on Mar 09, 2026 Holmen AB (publ) announced that they will report fiscal year 2025 final results on Mar 09, 2026 New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (129% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: kr6.10 (vs kr5.10 in 3Q 2024) Third quarter 2025 results: EPS: kr6.10 (up from kr5.10 in 3Q 2024). Revenue: kr5.33b (down 5.4% from 3Q 2024). Net income: kr944.0m (up 16% from 3Q 2024). Profit margin: 18% (up from 14% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Sep 18
Holmen Board and Paper Launches Next Generation Lightest Kraftliner Holmen has developed Holmen Elevate, a lightweight kraftliner. Holmen Elevate is the lightest kraftliner on the market, available in 72, 82 and 92 gsm. The kraftliner is well suited for e-commerce, shelf-ready and food packaging applications where both sustainability and performance are essential. The product is manufactured at Braviken Paper Mill in Sweden and delivers one of the lowest carbon footprints in the sector, with CO2 emissions 80% below the European average in the board and paper industry. Holmen Elevate is made from fresh fibres sourced from sustainably managed forests. The mill operates a resource-efficient supply chain, using pulpwood and wood chips from Holmen's sawmill located on the same site. Recent Insider Transactions • Aug 20
Senior Vice President of Forest recently bought kr365k worth of stock On the 15th of August, Soren Petersson bought around 1k shares on-market at roughly kr365 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.8m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: kr3.80 (vs kr4.70 in 2Q 2024) Second quarter 2025 results: EPS: kr3.80 (down from kr4.70 in 2Q 2024). Revenue: kr5.57b (down 5.4% from 2Q 2024). Net income: kr602.0m (down 19% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • May 15
Insider recently bought kr528k worth of stock On the 9th of May, Fredrik Nordqvist bought around 1k shares on-market at roughly kr405 per share. This transaction increased Fredrik's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr880k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 14
Senior Vice President of Wood Products recently sold kr387k worth of stock On the 12th of May, Johan Padel sold around 950 shares on-market at roughly kr407 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr582k more than they bought in the last 12 months. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: kr4.80 (vs kr4.70 in 1Q 2024) First quarter 2025 results: EPS: kr4.80 (up from kr4.70 in 1Q 2024). Revenue: kr6.43b (up 12% from 1Q 2024). Net income: kr752.0m (up 1.1% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 25
Upcoming dividend of kr12.00 per share Eligible shareholders must have bought the stock before 01 April 2025. Payment date: 07 April 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.0%). Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: kr18.02 (vs kr23.04 in FY 2023) Full year 2024 results: EPS: kr18.02 (down from kr23.04 in FY 2023). Revenue: kr23.7b (flat on FY 2023). Net income: kr2.86b (down 23% from FY 2023). Profit margin: 12% (down from 16% in FY 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Feb 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (152% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Jan 31
Full year 2024 earnings released: EPS: kr18.00 (vs kr23.04 in FY 2023) Full year 2024 results: EPS: kr18.00 (down from kr23.04 in FY 2023). Revenue: kr24.8b (up 5.4% from FY 2023). Net income: kr2.86b (down 23% from FY 2023). Profit margin: 12% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Jan 28
Holmen AB (publ), Annual General Meeting, Mar 31, 2025 Holmen AB (publ), Annual General Meeting, Mar 31, 2025. Annuncio • Jan 27
Holmen AB (Publ) Announces Lars Josefsson Declines Re-Election as Board Member Holmen AB (publ) announced Lars Josefsson has declined re-election as board member. Annuncio • Jan 23
Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026 Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026 Annuncio • Jan 09
Holmen AB (publ) to Report Fiscal Year 2024 Final Results on Mar 07, 2025 Holmen AB (publ) announced that they will report fiscal year 2024 final results on Mar 07, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: kr5.10 (vs kr5.60 in 3Q 2023) Third quarter 2024 results: EPS: kr5.10 (down from kr5.60 in 3Q 2023). Revenue: kr5.63b (up 3.9% from 3Q 2023). Net income: kr816.0m (down 9.1% from 3Q 2023). Profit margin: 14% (down from 17% in 3Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • Sep 27
Holmen AB (publ) Announces CFO Changes Holmen AB (publ) announced that in order to further strengthen Holmen's position and competitiveness, Anders Jernhall, Deputy CEO and CFO, will focus on strategic issues in the dedicated role as Deputy CEO. Stefan Loréhn will take over as new CFO in the spring of 2025. Stefan Loréhn is currently CFO at LKAB and has a long history at Holmen before that. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: kr4.70 (vs kr5.50 in 2Q 2023) Second quarter 2024 results: EPS: kr4.70 (down from kr5.50 in 2Q 2023). Revenue: kr5.89b (up 2.4% from 2Q 2023). Net income: kr744.0m (down 16% from 2Q 2023). Profit margin: 13% (down from 16% in 2Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to kr398. The fair value is estimated to be kr505, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period. Buy Or Sell Opportunity • May 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to kr461. The fair value is estimated to be kr381, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 7.3% per annum over the same time period. Recent Insider Transactions • May 20
President recently bought kr1.1m worth of stock On the 15th of May, Henrik Sjolund bought around 3k shares on-market at roughly kr451 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of kr2.2k worth in shares. Recent Insider Transactions • May 06
Senior Vice President of Wood Products recently sold kr426k worth of stock On the 30th of April, Johan Padel sold around 1k shares on-market at roughly kr426 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr215k more than they bought in the last 12 months. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: kr4.70 (vs kr8.50 in 1Q 2023) First quarter 2024 results: EPS: kr4.70 (down from kr8.50 in 1Q 2023). Revenue: kr5.72b (down 8.1% from 1Q 2023). Net income: kr744.0m (down 46% from 1Q 2023). Profit margin: 13% (down from 22% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Apr 18
Holmen AB (publ) Approves Dividend, Payable on 23 April 2024 Holmen AB (publ) announced that at its AGM held on April 16, 2024, The AGM resolved to pay a dividend of SEK 11.50 per share. The dividend record date was confirmed as 18 April 2024. Given this record date, the dividend is expected to be paid on 23 April 2024. Upcoming Dividend • Apr 10
Upcoming dividend of kr11.50 per share Eligible shareholders must have bought the stock before 17 April 2024. Payment date: 23 April 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.3%). Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: kr23.04 (vs kr36.27 in FY 2022) Full year 2023 results: EPS: kr23.04 (down from kr36.27 in FY 2022). Revenue: kr23.6b (down 4.9% from FY 2022). Net income: kr3.70b (down 37% from FY 2022). Profit margin: 16% (down from 24% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 02
Holmen AB (publ) to Report Fiscal Year 2023 Results on Mar 06, 2024 Holmen AB (publ) announced that they will report fiscal year 2023 results on Mar 06, 2024 Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: kr23.00 (vs kr36.27 in FY 2022) Full year 2023 results: EPS: kr23.00 (down from kr36.27 in FY 2022). Revenue: kr22.8b (down 8.1% from FY 2022). Net income: kr3.70b (down 37% from FY 2022). Profit margin: 16% (down from 24% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 31
Holmen AB (publ) to Report Fiscal Year 2024 Results on Jan 31, 2025 Holmen AB (publ) announced that they will report fiscal year 2024 results on Jan 31, 2025 New Risk • Oct 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr5.97b (up 3.1% from 3Q 2022). Net income: kr898.0m (down 39% from 3Q 2022). Profit margin: 15% (down from 26% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 18
Holmen AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024 Holmen AB (publ) announced that they will report nine months, 2024 results on Oct 24, 2024 Reported Earnings • Aug 18
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr6.19b (flat on 2Q 2022). Net income: kr890.0m (down 46% from 2Q 2022). Profit margin: 14% (down from 27% in 2Q 2022). Revenue is forecast to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Apr 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Carina Akerstrom was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 22
Upcoming dividend of kr16.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 04 April 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (5.4%). Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: kr36.27 (vs kr18.55 in FY 2021) Full year 2022 results: EPS: kr36.27 (up from kr18.55 in FY 2021). Revenue: kr24.8b (up 24% from FY 2021). Net income: kr5.87b (up 96% from FY 2021). Profit margin: 24% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 27
Senior Vice President of Forest recently bought kr82k worth of stock On the 24th of February, Soren Petersson bought around 200 shares on-market at roughly kr411 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr11m more in shares than they bought in the last 12 months. Recent Insider Transactions • Feb 14
Senior Vice President of Paperboard recently sold kr850k worth of stock On the 10th of February, Johan Nellbeck sold around 2k shares on-market at roughly kr425 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr6.8m. Insiders have been net sellers, collectively disposing of kr13m more than they bought in the last 12 months. Recent Insider Transactions • Feb 09
President recently sold kr6.8m worth of stock On the 3rd of February, Henrik Sjolund sold around 15k shares on-market at roughly kr457 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Henrik has been a net seller over the last 12 months, reducing personal holdings by kr12m. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: kr36.26 (vs kr18.55 in FY 2021) Full year 2022 results: EPS: kr36.26 (up from kr18.55 in FY 2021). Revenue: kr26.7b (up 33% from FY 2021). Net income: kr5.87b (up 96% from FY 2021). Profit margin: 22% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Annuncio • Jan 24
Holmen AB (publ) Announces Decline Re-Election of Carl Bennet, Independent Director Holmen AB (publ) announced Carl Bennet, Independent Director has declined re-election. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: kr9.10 (vs kr4.70 in 3Q 2021) Third quarter 2022 results: EPS: kr9.10 (up from kr4.70 in 3Q 2021). Revenue: kr5.78b (up 19% from 3Q 2021). Net income: kr1.48b (up 94% from 3Q 2021). Profit margin: 26% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annuncio • Sep 21
Holmen AB (publ), Annual General Meeting, Mar 28, 2023 Holmen AB (publ), Annual General Meeting, Mar 28, 2023. Reported Earnings • Aug 20
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr6.73b (up 31% from 2Q 2021). Net income: kr1.64b (up 135% from 2Q 2021). Profit margin: 24% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.8% compared to a 2.8% growth forecast for the Forestry industry in the United Kingdom. Annuncio • Aug 19
Holmen AB (publ) to Report First Half, 2023 Results on Aug 17, 2023 Holmen AB (publ) announced that they will report first half, 2023 results on Aug 17, 2023 Annuncio • Aug 17
Holmen AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023 Holmen AB (publ) announced that they will report nine months, 2023 results on Oct 25, 2023 Board Change • May 31
High number of new directors Director Fredrik Persson was the last director to join the board, commencing their role in 2022. Recent Insider Transactions • May 04
Senior Vice President of Forest recently sold kr576k worth of stock On the 29th of April, Soren Petersson sold around 1k shares on-market at roughly kr576 per share. In the last 3 months, there was an even bigger sale from another insider worth kr2.3m. Insiders have been net sellers, collectively disposing of kr6.0m more than they bought in the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr6.59b (up 40% from 1Q 2021). Net income: kr1.48b (up 120% from 1Q 2021). Profit margin: 23% (up from 14% in 1Q 2021). Over the next year, revenue is expected to shrink by 1.8% compared to a 7.4% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
High number of new directors Director Fredrik Persson was the last director to join the board, commencing their role in 2022. Board Change • Apr 07
High number of new directors Director Fredrik Persson was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Mar 24
Upcoming dividend of kr11.50 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 06 April 2022. Payout ratio is a comfortable 40% and the cash payout ratio is 77%. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (3.3%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to kr531, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr215 per share. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr18.55 (up from kr12.22 in FY 2020). Revenue: kr20.0b (up 20% from FY 2020). Net income: kr3.00b (up 52% from FY 2020). Profit margin: 15% (up from 12% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.8%, compared to a 3.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 02
Executive VP & CFO recently sold kr2.3m worth of stock On the 25th of February, Anders Jernhall sold around 5k shares on-market at roughly kr468 per share. This was the largest sale by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. Recent Insider Transactions • Feb 04
President recently sold kr1.8m worth of stock On the 1st of February, Henrik Sjolund sold around 4k shares on-market at roughly kr456 per share. This was the largest sale by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months. Annuncio • Jan 30
Holmen AB (publ) to Report Fiscal Year 2022 Results on Jan 30, 2023 Holmen AB (publ) announced that they will report fiscal year 2022 results on Jan 30, 2023 Reported Earnings • Jan 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr18.55 (up from kr12.22 in FY 2020). Revenue: kr21.2b (up 27% from FY 2020). Net income: kr3.00b (up 52% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 4.8% compared to a 5.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Oct 23
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr5.16b (up 38% from 3Q 2020). Net income: kr763.0m (up 35% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS kr4.30 (vs kr2.50 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr5.13b (up 33% from 2Q 2020). Net income: kr698.0m (up 70% from 2Q 2020). Profit margin: 14% (up from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year. Reported Earnings • May 01
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr5.10b (up 13% from 1Q 2020). Net income: kr675.0m (up 38% from 1Q 2020). Profit margin: 13% (up from 11% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 16
Upcoming dividend of kr10.75 per share Eligible shareholders must have bought the stock before 23 April 2021. Payment date: 29 April 2021. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (2.7%).