Holmen AB - Company Profile

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Holmen AB (Holmen), a subsidiary of L E Lundbergforetagen AB, is a provider of paper, paperboard, wood products, timber and hydro and wind power. The company manufactures and distributes paper, paperboard, and solid bleached board, wood, and timber products under various brands such as Invercote, Inverform, Incada, Holmen Plus, Holmen News, Holmen Colour News, Holmen VIEW, Holmen TRND, Holmen XLNT, Holmen GIFT, Holmen EPIC, Holmen UNIQ and Holmen BOOK. The company manages energy products such as hydropower, wind power and bio energy plants. The company manufactures products through Hallsta, Braviken, Sawmills, Linghem, Workington and Iggesund mills. The company serves several markets across Europe, Asia, and North America. Holmen is headquartered in Stockholm, Sweden.

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Headquarters Sweden

Address Strandvagen 1, Stockholm, 11451


Telephone 46 8 6662100

No of Employees 3,546

Industry Paper and Packaging

Ticker Symbol & Exchange HOLM B (STO)

Revenue (2022) $2.1B -4.8% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -37.1% (2022 vs 2021)

Market Cap* $6.3B

Net Profit Margin (2022) XYZ -33.9% (2022 vs 2021)

* As of and is in US$
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Holmen AB premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Holmen AB’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Paper Invercote
Spruce Sawn Timber Incada
Solid Bleached Board Inverfrom
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In March, the company announced its plans to invest SEK1.5 billion to construct Blisterliden Wind Farm in Skelleftea Municipality, Sweden
2023 Contracts/Agreements In February, Holmen Iggesund agreed an extension to a large three-year cooperation agreement with Kalmar, in which Kalmar assumes full responsibility for the customer's log handling operations, ensuring the availability of equipment, tools and professional resources.
2023 Financing Agreements In January, the company invested in increased production and processing of wood products for sustainable construction.
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Competitor Comparison

Key Parameters Holmen AB International Paper Co UPM-Kymmene Corp Stora Enso Oyj Sappi Ltd
Headquarters Sweden United States of America Finland Finland South Africa
City Stockholm Memphis Helsinki Helsinki Johannesburg
State/Province Stockholm Tennessee - - Gauteng
No. of Employees 3,546 39,000 16,573 19,842 12,800
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Fredrik Lundberg Chairman Executive Board - 72
Henrik Sjolund President; Chief Executive Officer; Director Executive Board 2014 57
Anders Jernhall Chief Financial Officer; Executive Vice President Senior Management 2014 53
Stina Sandell Senior Vice President - Sustainability and Communications Senior Management 2017 57
Henrik Andersson Secretary; Senior Vice President - Legal Affairs Senior Management 2008 52
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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