Q3 2024 Holmen AB Earnings Call Transcript

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Oct 24, 2024

Oct 24, 2024 / 07:30AM GMT
Henrik SjÃlund - Holmen AB - Chief Executive Officer

Good morning, everybody and welcome to the interim report presentation for January September for the Holman Group. It's me, Henrik Sjölund and Anders Jernhall and we do the presentation together. And after that, we take all the questions you hopefully have, but we know you have a busy day today. So, let's get started.

We were able in the third quarter to reach an operating profit over a little bit more than $1 billion sick, which is in our view, a good result. Thanks to board and paper especially and also despite a bit challenging market situations and actually lack of wood to some extent as well.

Our industry, board, paper and wood products, if you just take a look and see what we have done. The last year, we have a return on capital employed of 16%. And over the last 10 years, we have been able to reach average 18% and our financial position is strong and then remind ourselves that with the last couple of years, we have been able to give distribute back to shareholders through dividends and also share buyback

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