Henrik Sjölund
President, CEO & & Director
Excellent early morning, and welcome to the interim report discussion for the Holmen Group. Today, it’s me, Henrik Sjölund and Stefan Loréhn. We will go through the discussion, and after that we enjoy to take any concerns you may have. I understand it’s a hectic day for you, so an unique thank you for putting in the time likewise to talk about with us. Well, the 3rd quarter, challenging market conditions, a bit the exact same message as we really had after the 2nd quarter, this quarter, well, low need for wood items. We likewise have– in spite of low usage rate and really costly wood, we have, once again, an excellent arise from wood and paper. All in all, a bit over SEK 700 million, a good outcome when it pertains to Holmen. If you take a look at our market, not just wood items, however likewise wood and paper together, up until now this year, throughout the very first 9 months, we have actually had the ability to provide 15% return on capital used.
And if we take a look at our monetary position and what we have actually done, Stefan, we have actually dispersed a bit over SEK 3 billion in dividend and buybacks throughout January to September. And if you take a look at 5-year duration, we have approximately the exact same debt-to-equity ratio today as we had 5 years back. We have
Source: Seeking Alpha.
