Holmen’s Q2 results hit by tariff uncertainty and weak construction demand
Holmen’s operating profit for the second quarter was SEK 807 million (€65 million), down from SEK 983 million (€80 million) in the same period last year. Sales totaled just over SEK 5.5 billion (€445 million), compared with SEK 5,894 million (€477 million) in Q2 2024. Competition for timber increased and prices rose further. Pulpwood prices remained largely unchanged due to lower pulp industry activity and weaker energy-sector demand. The Forest business area reported operating profit of SEK 519 million (€42 million), up from SEK 490 million (€40 million). The Energy business area recorded an ...
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