03 May 2023

Q1 23 results smash the street's expectations

Holmen Ab-B Shares (HOLMB:STO) | 0 0 0.0%

- Varun Sikka
- 3 pages

While Holmen also witnessed a Q1 performance normalisation, unlike its peers (ex. SCA) its results materially-exceeded the street’s expectations. Barring Wood Products, there were positive takeaways from all the other divisions (despite their performance erosion (risks)). Overall, given the Q1 surprise and the sell-off in recent months, we believe that the upside on Holmen is worth capitalising on. Also, it remains our preferred bet vs. SCA.

Sign up to access

Get access to our full offering from over 100 providers

Q1 23 results smash the street's expectations

Holmen Ab-B Shares (HOLMB:STO) | 0 0 0.0%

Published: 03 May 2023
Author: Varun Sikka
Pages: 3

While Holmen also witnessed a Q1 performance normalisation, unlike its peers (ex. SCA) its results materially-exceeded the street’s expectations. Barring Wood Products, there were positive takeaways from all the other divisions (despite their performance erosion (risks)). Overall, given the Q1 surprise and the sell-off in recent months, we believe that the upside on Holmen is worth capitalising on. Also, it remains our preferred bet vs. SCA.