Healthy price tailwinds were a key driver for Holmen’s 2018 results. While Forest continued to do well – both in terms of profit generation and rendering input self-sufficiency, other divisions (ex. Paperboard) also improved in varying degrees. Even though Paperboard’s current issues and a general pricing normalisation will result in margin gains receding through to 2021, the overall attractiveness of Holmen’s (natural resources-driven) earnings profile remains unchang
18 Feb 2019
2018 ended on a strong note
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2018 ended on a strong note
Healthy price tailwinds were a key driver for Holmen’s 2018 results. While Forest continued to do well – both in terms of profit generation and rendering input self-sufficiency, other divisions (ex. Paperboard) also improved in varying degrees. Even though Paperboard’s current issues and a general pricing normalisation will result in margin gains receding through to 2021, the overall attractiveness of Holmen’s (natural resources-driven) earnings profile remains unchang