Holmen’s 1Q operating profit down to SEK 628 million ($64 million)
20-05-2020
Holmen, operating profit, earnings, 1Q 2020
Holmen’s operating profit for the 1Q 2020 was SEK 628 million ($64 million), a decline of 2.3% compared to SEK 643 million ($65.6 million) in the 1Q 2019. Lower selling prices had a negative impact on earnings, but this was largely offset by increased deliveries. Profit after tax for the 1Q 2020 amounted to SEK 491 million ($50.1 million), …