Holmen AB (OTCPK:HLHLY)
$ 10.9 0 (0%) Market Cap: 3.47 Bil Enterprise Value: 3.39 Bil PE Ratio: 21.88 PB Ratio: 1.17 GF Score: 87/100

Q3 2022 Holmen AB Earnings Call Transcript

Oct 20, 2022 / 07:00AM GMT
Release Date Price: $10.9
Henrik Sjolund;publ;President
Holmen AB;CEO & Director

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Good morning, everybody, and welcome to the Interim Report presentation for Holmen. It's myself, Henrik, and Anders, who will take you through the presentation. And we do, as we always do, we take your questions after the presentation. So let's begin.

We are really happy to be able to show a result for the third quarter, which is on record levels, again. Not reaching up to exactly where we were in the second quarter, but that was totally outstanding. We have followed market pricing, meaning we have good pricing power, and we've also been able to control the cost situation. We'll come back to that. It's a lot of hard work when it comes to handling the [energy] situation in most of our business areas, which we will come back to a bit later in the presentation. Good profit level also means strong cash flow, and strong cash flow in our case means also that we have a really low net debt currently.

Let's move on to Forest and our different divisions, and I will start with a slightly

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