Holmen AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	21,556	22,056	22,759	22,795	23,952	19,479
Other Revenue	749	749	950	783	849	584
Revenue	22,305	22,805	23,709	23,578	24,801	20,063
Revenue Growth (YoY)	-6.92%	-3.81%	0.56%	-4.93%	23.62%	20.09%
Cost of Revenue	11,788	12,074	12,519	11,241	10,714	10,109
Gross Profit	10,517	10,731	11,190	12,337	14,087	9,954
Selling, General & Admin	3,427	3,437	3,389	3,312	2,956	2,720
Other Operating Expenses	3,494	3,574	3,630	3,500	3,214	3,028
Operating Expenses	8,375	8,475	8,407	8,172	7,515	7,009
Operating Income	2,142	2,256	2,783	4,165	6,572	2,945
Interest Expense	-149	-135	-101	-100	-70	-46
Interest & Investment Income	30	34	35	49	11	8
Earnings From Equity Investments	5	5	7	6	10	-
Currency Exchange Gain (Loss)	-1	-1	4	-	-	-
Other Non Operating Income (Expenses)	-1	-1	4	-	-16	1
EBT Excluding Unusual Items	2,026	2,158	2,732	4,120	6,507	2,908
Gain (Loss) on Sale of Investments	-1	-1	-4	1	-12	-
Gain (Loss) on Sale of Assets	11	11	21	15	35	320
Asset Writedown	850	895	907	562	422	464
Pretax Income	2,988	3,165	3,659	4,705	7,441	3,692
Income Tax Expense	243	286	798	1,008	1,567	688
Net Income	2,745	2,879	2,861	3,697	5,874	3,004
Net Income to Common	2,745	2,879	2,861	3,697	5,874	3,004
Net Income Growth	-4.32%	0.63%	-22.61%	-37.06%	95.54%	51.79%
Shares Outstanding (Basic)	155	156	159	160	162	162
Shares Outstanding (Diluted)	155	156	159	160	162	162
Shares Change (YoY)	-1.92%	-1.83%	-1.06%	-0.93%	0.03%	-
EPS (Basic)	17.67	18.47	18.02	23.04	36.26	18.55
EPS (Diluted)	17.67	18.47	18.00	23.00	36.26	18.50
EPS Growth	-2.34%	2.62%	-21.74%	-36.58%	96.03%	51.64%
Free Cash Flow	2,634	1,716	1,203	4,146	4,099	1,529
Free Cash Flow Per Share	16.96	11.01	7.58	25.84	25.31	9.44
Dividend Per Share	9.500	9.500	9.000	8.500	8.000	7.500
Dividend Growth	5.56%	5.56%	5.88%	6.25%	6.67%	3.45%
Gross Margin	47.15%	47.05%	47.20%	52.32%	56.80%	49.61%
Operating Margin	9.60%	9.89%	11.74%	17.66%	26.50%	14.68%
Profit Margin	12.31%	12.62%	12.07%	15.68%	23.69%	14.97%
Free Cash Flow Margin	11.81%	7.52%	5.07%	17.58%	16.53%	7.62%
EBITDA	3,461	3,585	4,043	5,410	7,826	4,095
EBITDA Margin	15.52%	15.72%	17.05%	22.95%	31.55%	20.41%
D&A For EBITDA	1,319	1,329	1,260	1,245	1,254	1,150
EBIT	2,142	2,256	2,783	4,165	6,572	2,945
EBIT Margin	9.60%	9.89%	11.74%	17.66%	26.50%	14.68%
Effective Tax Rate	8.13%	9.04%	21.81%	21.42%	21.06%	18.63%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.