Holmen increased ROCE to 8.5% in 2Q2017

Holmen reported net sales increase by 5.4% in 2Q2017 to SEK 4,148 million (around USD 511 million), the company increased ROCE to 8.5% from 7.7% in the same period the last year.

In 1Q2017 Holmen reported net sales increase by 7.9% to SEK 4,131 million. Check other wood business-related companies 2Q2017 schedules for financial and operating results.

Earlier Holmen Paper’s paper mill was nominated for an Environmental Leadership Award.

About Holmen Group:

The company is a forest industry group that manufactures printing paper, paperboard and sawn timber and runs forestry and energy production operations. The company’s extensive forest holdings and its high proportion of energy production are strategically important resources for its future growth.

Source: Woodbizforum