Holmen: Interim Report January-September 2006.STOCKHOLM, Sweden -- Holmen (STO STO Store (calculator function) STO Société de Transport de l'Outaouais (French) STO Strategic Technology Office (DARPA) STO Security Through Obscurity STO Service to Others :HOLMA) (HOLMB): Full Quarter January-September year MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 3-06 2-06 3-05 2006 2005 2005 Net turnover 4 521 4 661 4 082 13 762 12 084 16 319 Operating profit 610 485 590 1 714 1 403 1 973 Profit after tax 382 303 371 1 090 859 1 256 Earnings per share, SEK 4.5 3.6 4.4 12.9 10.1 14.8 Return on equity, % 9.5 7.5 9.6 9.0 7.4 8.0 - The Group's net turnover for January-September amounted to MSEK 13 762 (January-September 2005: 12 084). The increase is explained by higher deliveries, mainly from new capacity in Spain, and higher newsprint newsprint low grade paper used for newspapers. Old newspapers are fed to cattle as an alternative roughage and may occasionally be ingested by dogs. Significant amounts of lead are accumulated in tissues; no cases of poisoning have been recorded in cattle, though it has been prices. - Profit after tax was MSEK 1 090 (859). - Earnings per share amounted to SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 12.9 (10.1). Return on equity was 9.0% (7.4). - Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. was MSEK 1 714 (1 403). The improvement is due to higher deliveries of paperboard paperboard, material similiar in shape and composition to paper, but generally thicker, stronger, and more rigid. Paper machines, e.g., Fourdrinier machines, are used to make sheets of paperboard. and newsprint as well as increased newsprint prices. The operating profit for the third quarter was MSEK 125 higher than for the second quarter, mainly due to higher production and seasonally lower personnel and maintenance costs. The costs of fibre and energy increased. - The market situation for newsprint in Europe remained strong during the third quarter. Holmen Paper's deliveries were 15% higher than for January-September 2005, mainly as a result of the new paper machine in Madrid. The prices of Holmen Paper's products were on average some 5% higher than for the previous year. The market situation for virgin fibre board in Europe was very good during the third quarter. Iggesund Paperboard's deliveries were 10% higher than for January-September 2005. Prices were stable. This information was brought to you by Waymaker http://www.waymaker.net |
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