Holmen stock: Q3 profit fell as Iggesund shutdown weighed

Holmen reported lower third-quarter earnings on October 22, 2026, as a maintenance shutdown at the Iggesund Mill weighed on operating profit. The company's interim report published through Nasdaq covered the quarter and the first nine months of the year.

Shutdown weighs on quarterly profit

Operating profit was SEK 549 million in the third quarter, compared with SEK 737 million in the same period a year earlier. Holmen said the result was affected by the major maintenance shutdown at the Iggesund Mill. Net sales were SEK 4,945 million, down from SEK 5,327 million a year earlier, while profit after tax fell to SEK 391 million from SEK 944 million.

For January through September, operating profit amounted to SEK 2,066 million, compared with SEK 2,531 million in the prior-year period. The operating margin was 13 percent, versus 15 percent a year earlier. Earnings per share for the nine-month period were SEK 10.0, compared with SEK 14.7 previously.

Renewables support the business mix

Holmen said profit from its hydro and wind power assets increased during the first nine months, while earnings in the other business areas declined. Cash flow after investments reached SEK 703 million in the third quarter, and net financial debt decreased to SEK 5,810 million, equal to 11 percent of equity.

Share price context

Holmen stock was quoted at EUR 27.39 by Lang & Schwarz on October 29, 2026, at 22:59:58 Berlin time. The quote was unchanged from the previous close in the licensed data set. Investors should distinguish this late quote from the company's reporting date and from the SEK-denominated figures in the interim report.

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