Holmen crowns STOXX after Q1 EBIT beat

Holmen AB

08/05/2025 09:18

** Shares in Holmen HOLMb.ST rise 6% to the top of the STOXX 600 .STOXX index, after the Swedish paper products maker's operating profit beat expectations

** Q1 EBIT came in at SEK 988 million ($102.27 million), which Jefferies says was 15% above consensus

** The brokerage says the beat was driven by the board and paper division, with it adds had good deliveries and benefited from low Swedish energy costs

** Holmen shares touched a six-week high; up until Wednesday close the stock was down 7.4% YTD

($1 = 9.6610 Swedish crowns)

 (Reporting by Greta Rosen Fondahn)

 ((Greta.RosenFondahn@thomsonreuters.com))