View ValuationHolmen 将来の成長Future 基準チェック /06Holmenの収益と利益は、それぞれ年間0.3%と1.1%減少すると予測されています。EPS は年間0.06%で 減少すると予想されています。自己資本利益率は 3 年後に4.6%になると予測されています。主要情報-1.1%収益成長率-0.063%EPS成長率Forestry 収益成長19.4%収益成長率-0.3%将来の株主資本利益率4.61%アナリストカバレッジGood最終更新日05 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesRecent Insider Transactions • May 03Chief Financial Officer recently bought kr347k worth of stockOn 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 28First 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.お知らせ • Mar 31Holmen AB (Publ) Approves Dividend, Payable on 8 April 2026Holmen 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 24Upcoming dividend of kr9.50 per shareEligible 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%).お知らせ • Mar 13Holmen Announces Executive Changes, Effective June 1, 2026Holmen 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 10Full 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 26Dividend of kr9.50 announcedShareholders 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 01Full 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.お知らせ • Jan 30+ 2 more updatesHolmen AB (publ) to Report Fiscal Year 2026 Results on Feb 02, 2027Holmen AB (publ) announced that they will report fiscal year 2026 results on Feb 02, 2027お知らせ • Jan 09Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026お知らせ • Dec 12Holmen AB (publ) to Report Fiscal Year 2025 Final Results on Mar 09, 2026Holmen AB (publ) announced that they will report fiscal year 2025 final results on Mar 09, 2026New Risk • Oct 24New major risk - Revenue and earnings growthEarnings 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 24Third 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.お知らせ • Oct 09+ 2 more updatesHolmen AB (publ) to Report Q1, 2026 Results on Apr 28, 2026Holmen AB (publ) announced that they will report Q1, 2026 results at 12:01 AM, Central European Standard Time on Apr 28, 2026お知らせ • Sep 18Holmen Board and Paper Launches Next Generation Lightest KraftlinerHolmen 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 20Senior Vice President of Forest recently bought kr365k worth of stockOn 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 15Second 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 15Insider recently bought kr528k worth of stockOn 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 14Senior Vice President of Wood Products recently sold kr387k worth of stockOn 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 10First 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.お知らせ • Mar 31+ 1 more updateHolmen AB (Publ) Elects Stefan Widing to Its BoardHolmen AB (publ) announced at the AGM that Stefan Widing was elected as a new board member.Upcoming Dividend • Mar 25Upcoming dividend of kr12.00 per shareEligible 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 09Full 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 02New minor risk - Earnings qualityThe 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 31Full 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.お知らせ • Jan 31+ 1 more updateHolmen AB (Publ) Proposes the Ordinary DividendHolmen AB (publ) proposed that the ordinary dividend increases from SEK 8.5 to SEK 9 per share .お知らせ • Jan 28Holmen AB (publ), Annual General Meeting, Mar 31, 2025Holmen AB (publ), Annual General Meeting, Mar 31, 2025.お知らせ • Jan 27Holmen AB (Publ) Announces Lars Josefsson Declines Re-Election as Board MemberHolmen AB (publ) announced Lars Josefsson has declined re-election as board member.お知らせ • Jan 23Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026お知らせ • Jan 09Holmen AB (publ) to Report Fiscal Year 2024 Final Results on Mar 07, 2025Holmen AB (publ) announced that they will report fiscal year 2024 final results on Mar 07, 2025Reported Earnings • Oct 24Third 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.お知らせ • Sep 27Holmen AB (publ) Announces CFO ChangesHolmen 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 16Second 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.お知らせ • Aug 15+ 2 more updatesHolmen AB (publ) to Report First Half, 2025 Results on Aug 14, 2025Holmen AB (publ) announced that they will report first half, 2025 results on Aug 14, 2025Buy Or Sell Opportunity • Aug 05Now 21% undervalued after recent price dropOver 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 20Now 21% overvalued after recent price riseOver 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 20President recently bought kr1.1m worth of stockOn 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 06Senior Vice President of Wood Products recently sold kr426k worth of stockOn 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 26First 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.お知らせ • Apr 18Holmen AB (publ) Approves Dividend, Payable on 23 April 2024Holmen 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.お知らせ • Apr 17+ 1 more updateHolmen AB Approves Extraordinary DividendHolmen AB at its AGM held on April 16, 2024 approved extraordinary dividend of SEK 3.00 per share.Upcoming Dividend • Apr 10Upcoming dividend of kr11.50 per shareEligible 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 10Full 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.お知らせ • Mar 02Holmen AB (publ) to Report Fiscal Year 2023 Results on Mar 06, 2024Holmen AB (publ) announced that they will report fiscal year 2023 results on Mar 06, 2024お知らせ • Feb 01+ 1 more updateHolmen AB Proposes an Extra DividendThe Board of Holmen AB proposed that the AGM, to be held on 16 April 2024, approve an extra dividend of SEK 3 per share. The dividend proposal is based on an appraisal of the Group's profitability, future investment plans and financial position. The proposed record date for the dividend is 18 April 2024.Reported Earnings • Feb 01Full 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.お知らせ • Jan 31Holmen AB (publ) to Report Fiscal Year 2024 Results on Jan 31, 2025Holmen AB (publ) announced that they will report fiscal year 2024 results on Jan 31, 2025New Risk • Oct 27New minor risk - Earnings qualityThe 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 26Third quarter 2023 earnings releasedThird 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.お知らせ • Sep 21+ 1 more updateHolmen AB (publ), Annual General Meeting, Apr 16, 2024Holmen AB (publ), Annual General Meeting, Apr 16, 2024.お知らせ • Aug 18Holmen AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024Holmen AB (publ) announced that they will report nine months, 2024 results on Oct 24, 2024Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond 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.お知らせ • Aug 14+ 1 more updateHolmen AB (publ) to Report Q1, 2024 Results on Apr 26, 2024Holmen AB (publ) announced that they will report Q1, 2024 results on Apr 26, 2024Board Change • Apr 05High number of new directorsThere 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 22Upcoming dividend of kr16.00 per share at 3.9% yieldEligible 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 08Full 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 27Senior Vice President of Forest recently bought kr82k worth of stockOn 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 14Senior Vice President of Paperboard recently sold kr850k worth of stockOn 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 09President recently sold kr6.8m worth of stockOn 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 01Full 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.お知らせ • Feb 01+ 2 more updatesHolmen AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024Holmen AB (publ) announced that they will report fiscal year 2023 results on Jan 31, 2024お知らせ • Jan 24Holmen AB (publ) Announces Decline Re-Election of Carl Bennet, Independent DirectorHolmen AB (publ) announced Carl Bennet, Independent Director has declined re-election.Reported Earnings • Oct 21Third 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.お知らせ • Sep 21Holmen AB (publ), Annual General Meeting, Mar 28, 2023Holmen AB (publ), Annual General Meeting, Mar 28, 2023.Reported Earnings • Aug 20Second quarter 2022 earnings releasedSecond 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.お知らせ • Aug 19Holmen AB (publ) to Report First Half, 2023 Results on Aug 17, 2023Holmen AB (publ) announced that they will report first half, 2023 results on Aug 17, 2023お知らせ • Aug 17Holmen AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023Holmen AB (publ) announced that they will report nine months, 2023 results on Oct 25, 2023Board Change • May 31High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.Recent Insider Transactions • May 04Senior Vice President of Forest recently sold kr576k worth of stockOn 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 29First quarter 2022 earnings releasedFirst 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 27High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.Board Change • Apr 07High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.Upcoming Dividend • Mar 24Upcoming dividend of kr11.50 per shareEligible 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 16Investor sentiment improved over the past weekAfter 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 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 02Executive VP & CFO recently sold kr2.3m worth of stockOn 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 04President recently sold kr1.8m worth of stockOn 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.お知らせ • Jan 30Holmen AB (publ) to Report Fiscal Year 2022 Results on Jan 30, 2023Holmen AB (publ) announced that they will report fiscal year 2022 results on Jan 30, 2023Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 23Third quarter 2021 earnings releasedThe 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 22Second 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 01First quarter 2021 earnings releasedThe 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 16Upcoming dividend of kr10.75 per shareEligible 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%).業績と収益の成長予測LSE:0XS9 - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202821,9972,5981,6473,249712/31/202721,9002,5281,8133,216712/31/202621,7662,3692,4073,31073/31/202622,3052,7452,6304,310N/A12/31/202522,8052,8791,7123,851N/A9/30/202523,3362,8551,4363,681N/A6/30/202523,6412,7281,3493,652N/A3/31/202523,9622,8691,1173,451N/A12/31/202423,7092,8611,2023,317N/A9/30/202423,4292,8421,5283,554N/A6/30/202423,2142,9231,4553,318N/A3/31/202423,0753,0702,2554,128N/A12/31/202323,5783,6974,1005,805N/A9/30/202324,4894,4274,2185,778N/A6/30/202324,8555,0104,9026,345N/A3/31/202325,2745,7624,7486,250N/A12/31/202224,8015,8744,0935,484N/A9/30/202223,0615,4743,2014,781N/A6/30/202222,1544,7562,9284,746N/A3/31/202221,1103,8122,3104,017N/A12/31/202120,0633,0041,5163,229N/A9/30/202119,3382,6481,6063,007N/A6/30/202118,1872,4501,4452,627N/A3/31/202116,9112,1631,2782,441N/A12/31/202016,7071,9791,2902,457N/A9/30/202016,6438,8351,5122,814N/A6/30/202017,0618,6791,7482,961N/A3/31/202017,5698,7192,1593,231N/A12/31/201917,3308,731N/A2,884N/A9/30/201917,0471,907N/A2,883N/A6/30/201916,7471,956N/A2,646N/A3/31/201916,5512,264N/A2,027N/A12/31/201816,3902,268N/A2,286N/A9/30/201816,3762,056N/A2,447N/A6/30/201816,4792,054N/A2,388N/A3/31/201816,4611,690N/A2,339N/A12/31/201716,4931,668N/A2,509N/A9/30/201716,5271,778N/A1,914N/A6/30/201716,3901,717N/A1,989N/A3/31/201716,1801,687N/A2,112N/A12/31/201615,8771,424N/A1,961N/A9/30/201615,622544N/A2,438N/A6/30/201615,844526N/A2,539N/A3/31/201616,046483N/A2,546N/A12/31/201516,372559N/A2,526N/A9/30/201516,730992N/A2,165N/A6/30/201516,6541,001N/A2,249N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0XS9の収益は今後 3 年間で減少すると予測されています (年間-1.1% )。収益対市場: 0XS9の収益は今後 3 年間で減少すると予測されています (年間-1.1% )。高成長収益: 0XS9の収益は今後 3 年間で減少すると予測されています。収益対市場: 0XS9の収益は今後 3 年間で減少すると予想されています (年間-0.3% )。高い収益成長: 0XS9の収益は今後 3 年間で減少すると予測されています (年間-0.3% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0XS9の 自己資本利益率 は、3年後には低くなると予測されています ( 4.6 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 16:54終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Holmen AB (publ) 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関null nullABG Sundal CollierPallav MittalBarclaysRoss GilardiBofA Global Research15 その他のアナリストを表示
Recent Insider Transactions • May 03Chief Financial Officer recently bought kr347k worth of stockOn 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 28First 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.
お知らせ • Mar 31Holmen AB (Publ) Approves Dividend, Payable on 8 April 2026Holmen 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 24Upcoming dividend of kr9.50 per shareEligible 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%).
お知らせ • Mar 13Holmen Announces Executive Changes, Effective June 1, 2026Holmen 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 10Full 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 26Dividend of kr9.50 announcedShareholders 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 01Full 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.
お知らせ • Jan 30+ 2 more updatesHolmen AB (publ) to Report Fiscal Year 2026 Results on Feb 02, 2027Holmen AB (publ) announced that they will report fiscal year 2026 results on Feb 02, 2027
お知らせ • Jan 09Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026
お知らせ • Dec 12Holmen AB (publ) to Report Fiscal Year 2025 Final Results on Mar 09, 2026Holmen AB (publ) announced that they will report fiscal year 2025 final results on Mar 09, 2026
New Risk • Oct 24New major risk - Revenue and earnings growthEarnings 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 24Third 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.
お知らせ • Oct 09+ 2 more updatesHolmen AB (publ) to Report Q1, 2026 Results on Apr 28, 2026Holmen AB (publ) announced that they will report Q1, 2026 results at 12:01 AM, Central European Standard Time on Apr 28, 2026
お知らせ • Sep 18Holmen Board and Paper Launches Next Generation Lightest KraftlinerHolmen 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 20Senior Vice President of Forest recently bought kr365k worth of stockOn 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 15Second 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 15Insider recently bought kr528k worth of stockOn 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 14Senior Vice President of Wood Products recently sold kr387k worth of stockOn 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 10First 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.
お知らせ • Mar 31+ 1 more updateHolmen AB (Publ) Elects Stefan Widing to Its BoardHolmen AB (publ) announced at the AGM that Stefan Widing was elected as a new board member.
Upcoming Dividend • Mar 25Upcoming dividend of kr12.00 per shareEligible 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 09Full 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 02New minor risk - Earnings qualityThe 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 31Full 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.
お知らせ • Jan 31+ 1 more updateHolmen AB (Publ) Proposes the Ordinary DividendHolmen AB (publ) proposed that the ordinary dividend increases from SEK 8.5 to SEK 9 per share .
お知らせ • Jan 28Holmen AB (publ), Annual General Meeting, Mar 31, 2025Holmen AB (publ), Annual General Meeting, Mar 31, 2025.
お知らせ • Jan 27Holmen AB (Publ) Announces Lars Josefsson Declines Re-Election as Board MemberHolmen AB (publ) announced Lars Josefsson has declined re-election as board member.
お知らせ • Jan 23Holmen AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026Holmen AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026
お知らせ • Jan 09Holmen AB (publ) to Report Fiscal Year 2024 Final Results on Mar 07, 2025Holmen AB (publ) announced that they will report fiscal year 2024 final results on Mar 07, 2025
Reported Earnings • Oct 24Third 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.
お知らせ • Sep 27Holmen AB (publ) Announces CFO ChangesHolmen 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 16Second 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.
お知らせ • Aug 15+ 2 more updatesHolmen AB (publ) to Report First Half, 2025 Results on Aug 14, 2025Holmen AB (publ) announced that they will report first half, 2025 results on Aug 14, 2025
Buy Or Sell Opportunity • Aug 05Now 21% undervalued after recent price dropOver 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 20Now 21% overvalued after recent price riseOver 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 20President recently bought kr1.1m worth of stockOn 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 06Senior Vice President of Wood Products recently sold kr426k worth of stockOn 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 26First 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.
お知らせ • Apr 18Holmen AB (publ) Approves Dividend, Payable on 23 April 2024Holmen 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.
お知らせ • Apr 17+ 1 more updateHolmen AB Approves Extraordinary DividendHolmen AB at its AGM held on April 16, 2024 approved extraordinary dividend of SEK 3.00 per share.
Upcoming Dividend • Apr 10Upcoming dividend of kr11.50 per shareEligible 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 10Full 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.
お知らせ • Mar 02Holmen AB (publ) to Report Fiscal Year 2023 Results on Mar 06, 2024Holmen AB (publ) announced that they will report fiscal year 2023 results on Mar 06, 2024
お知らせ • Feb 01+ 1 more updateHolmen AB Proposes an Extra DividendThe Board of Holmen AB proposed that the AGM, to be held on 16 April 2024, approve an extra dividend of SEK 3 per share. The dividend proposal is based on an appraisal of the Group's profitability, future investment plans and financial position. The proposed record date for the dividend is 18 April 2024.
Reported Earnings • Feb 01Full 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.
お知らせ • Jan 31Holmen AB (publ) to Report Fiscal Year 2024 Results on Jan 31, 2025Holmen AB (publ) announced that they will report fiscal year 2024 results on Jan 31, 2025
New Risk • Oct 27New minor risk - Earnings qualityThe 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 26Third quarter 2023 earnings releasedThird 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.
お知らせ • Sep 21+ 1 more updateHolmen AB (publ), Annual General Meeting, Apr 16, 2024Holmen AB (publ), Annual General Meeting, Apr 16, 2024.
お知らせ • Aug 18Holmen AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024Holmen AB (publ) announced that they will report nine months, 2024 results on Oct 24, 2024
Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond 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.
お知らせ • Aug 14+ 1 more updateHolmen AB (publ) to Report Q1, 2024 Results on Apr 26, 2024Holmen AB (publ) announced that they will report Q1, 2024 results on Apr 26, 2024
Board Change • Apr 05High number of new directorsThere 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 22Upcoming dividend of kr16.00 per share at 3.9% yieldEligible 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 08Full 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 27Senior Vice President of Forest recently bought kr82k worth of stockOn 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 14Senior Vice President of Paperboard recently sold kr850k worth of stockOn 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 09President recently sold kr6.8m worth of stockOn 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 01Full 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.
お知らせ • Feb 01+ 2 more updatesHolmen AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024Holmen AB (publ) announced that they will report fiscal year 2023 results on Jan 31, 2024
お知らせ • Jan 24Holmen AB (publ) Announces Decline Re-Election of Carl Bennet, Independent DirectorHolmen AB (publ) announced Carl Bennet, Independent Director has declined re-election.
Reported Earnings • Oct 21Third 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.
お知らせ • Sep 21Holmen AB (publ), Annual General Meeting, Mar 28, 2023Holmen AB (publ), Annual General Meeting, Mar 28, 2023.
Reported Earnings • Aug 20Second quarter 2022 earnings releasedSecond 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.
お知らせ • Aug 19Holmen AB (publ) to Report First Half, 2023 Results on Aug 17, 2023Holmen AB (publ) announced that they will report first half, 2023 results on Aug 17, 2023
お知らせ • Aug 17Holmen AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023Holmen AB (publ) announced that they will report nine months, 2023 results on Oct 25, 2023
Board Change • May 31High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.
Recent Insider Transactions • May 04Senior Vice President of Forest recently sold kr576k worth of stockOn 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 29First quarter 2022 earnings releasedFirst 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 27High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.
Board Change • Apr 07High number of new directorsDirector Fredrik Persson was the last director to join the board, commencing their role in 2022.
Upcoming Dividend • Mar 24Upcoming dividend of kr11.50 per shareEligible 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 16Investor sentiment improved over the past weekAfter 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 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 02Executive VP & CFO recently sold kr2.3m worth of stockOn 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 04President recently sold kr1.8m worth of stockOn 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.
お知らせ • Jan 30Holmen AB (publ) to Report Fiscal Year 2022 Results on Jan 30, 2023Holmen AB (publ) announced that they will report fiscal year 2022 results on Jan 30, 2023
Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 23Third quarter 2021 earnings releasedThe 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 22Second 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 01First quarter 2021 earnings releasedThe 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 16Upcoming dividend of kr10.75 per shareEligible 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%).