Q2 2020 Holmen AB Earnings Call Transcript
¶ - ()- -
Good afternoon, ladies and gentlemen, and welcome to the interim report presentation for the Holmen Group. Here in Stockholm at the office, we are the usual suspects on this. It's me Henrik Sjölund, CFO; and Anders Jernhall, CEO and CFO, of course. And this quarter, the second quarter has been a very special quarter in relation to the years that we have had before and also the situation with COVID-19.
If we go back a few months, there was a lot of uncertainty in the market. I think all of us have been affected in different ways, all societies, also our own business. Now as we have proceeded during the quarter, we have a little bit better understanding how it has affected our own business. And we can say that all over, we are doing relatively well, which is also reflected in the second quarter operating profit of SEK 542 million. But we can also say that we are struggling in our paper business, which comes from a really huge drop in demand.
We are happy to say that
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |