“We are a company that will also pay dividends in uncertain times, but this spring no decision was made as a consequence of the great uncertainty that then prevailed around covid-19. Now, a few months later, the uncertainty has decreased, but there is still reason to be restrained, ”writes Holmen's CEO Henrik Sjölund.
The decision on the dividend will be made at an extraordinary general meeting scheduled for September.
Holmen also reports a profit before tax of SEK 531 million for the second quarter of the year. This can be compared with SEK 565 million in profit during the corresponding quarter a year earlier.
The result was pressured by lower demand for paper, while the result in cardboard and wood products increased.
Net sales fell to SEK 3.85 billion, down from SEK 4.36 billion.
Holmen's B share rises by 0.6 percent after the report and has thus risen by 3.4 percent since the turn of the year.