Q1 2023 Holmen AB Earnings Call Transcript
()- -
Good morning, everybody, and welcome to the interim report presentation for the Holmen Group. It's me, Henrik, and Anders, the usual suspects. We will go through the presentation. After that, we're happy to take on any questions you might have. So let's start. We are happy to be able to deliver a very strong result again in the first quarter of this year. I think we've been able to navigate in a quite challenging environment, not the least with the help of our forest assets and our energy assets. And on top of that, of course, also a very strong performance by our Paper division. We'll come back to that a bit later.
We have been able to deliver 28% operating margin. And when we make good money, of course, it has an effect on our cash flow, which after having paid for the investments, actually was as high as SEK 1.8 billion in the first quarter, which means that at the end of the quarter, we were essentially debt-free. And right now, after dividends, we have roughly a bit more than SEK 2.5
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
