Sweden's Holmen Q1 sales fall more than expected

Holmen AB

28/04/2026 06:41

Overview

Sweden forest products and renewables firm's Q1 net sales declined and missed analyst expectations

Q1 EPS and net income fell compared to prior year

Company paid previously approved SEK 9.5 per share dividend in April

Outlook

Holmen did not provide specific guidance or outlook for the current quarter or full year

Result Drivers

RENEWABLE ENERGY - Operating profit increased from the previous quarter due to stronger results in Renewable Energy

INDUSTRIAL SEGMENTS - Year-on-year profit declined as profit from Holmen’s industries decreased

HYDRO AND WIND POWER - Profit from hydro and wind power assets increased significantly year-on-year

Company press release: ID:nWkr43Qbyl

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
SEK 5.47 bln
SEK 5.72 bln (4 Analysts)
Q1 EPS
SEK 4
Q1 Net Income
SEK 618 mln
Q1 EBIT
SEK 827 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the paper products peer group is "buy."

Wall Street's median 12-month price target for Holmen AB is SEK375.00, about 18.3% above its April 27 closing price of SEK317.00

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)