Q4 2024 Holmen AB Earnings Call Transcript

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Jan 31, 2025

Jan 31, 2025 / 08:00AM GMT
Henrik Sjolund - Holmen AB - President, Chief Executive Officer, Director

Good morning, everybody, and welcome to the year-end report presentation for the Holmen Group. It's me, Henrik Sjolund and Anders Jernhall. We will go through the presentation. And then as usually, we take your questions after the presentation.

So let's start. Well, in the fourth quarter of 2024, we were able to deliver a bit over SEK700 million. It's, as you know, a bit slower in the fourth quarter. It was a bit slower also in the fourth quarter for us this year, a bit slower maybe than normal. And we had two stops and as I said, the market a bit softer.

Still a good result. And if you look at the full year of 2024, SEK3.7 billion, it's in a historic perspective, a really good result. If you look at our industry, we were able to deliver 16%. And if you take it in a historic perspective, we've been able to deliver actually a return on capital employed of 19% over the last 10 years. And to be honest, in 2024, we didn't have any contribution from Wood Products. So if you look at Board and Paper, we were actually a

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