Holmen slides after Q2 EBITDA miss

Holmen AB

14/08/2025 08:48

** Shares in Holmen HOLMb.ST fall 2.5%, paring earlier losses of as much as 5%, after the Swedish paper products maker reported second-quarter results below market forecast

** JPMorgan analysts said Holmen's EBITDA missed consensus  expectations and was 6% below JPM estimate, noting underperformance across every segment

** "We still remain concerned about the near-term outlook for consumer board prices as Stora Enso's STERV.HE Oulu mill ramps up in Europe at the same time as the US is moving into oversupply," the analysts added

** JPM also said Holmen's 2025 outlook is currently 4% below consensus, and that the latest results suggest this forecast may be too optimistic

 (Reporting by Tomasz Kanik)

 ((tomasz.kanik@thomsonreuters.com))