Holmen HOLM B

Stockholm | Industrials | Forestry, paper/packaging board and renewable energy
Follow Holmen free Follow free

Email when the signal or risk changes · Sunday weekly brief

No card · No time limit on free tier · Upgrade when you need more

Updated: 21 Sep 2026 Base analysis: 6 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Clear

Hold. Consider adding on clear timber-market improvement or a larger dip (e.g., >10%).

Strong balance sheet and ongoing buybacks support the HOLD signal while uncertainty around wood products and energy prices limits upside in the near term.

Market sentiment Neutral →
Trend: Stable

Sentiment remains neutral with emphasis on defensive assets and capital returns despite weaker margins in wood products and energy.

Risk assessment Low
Dilution: Low Positive cash flow; no equity raise expected
Jurisdiction: Low Sweden; stable legal and political environment
Execution: Medium Timber turnaround and restructuring must deliver

HOLD is the call. Neutral is the market mood. Low risk means less can go wrong.

Latest change
  • 21 Aug 2026 — Revenue beat expectations while EBITDA and net income missed consensus following weaker margins in wood products and energy.
About the company

Holmen AB is a Swedish forestry and forest-products company with large forest assets and production of sawn timber, packaging board and paper. It also produces renewable power (hydro and wind) and operates with a strong balance sheet and low leverage.

Sector: Forestry, paper/packaging board and renewable energy
Type: Industrial
Next report (Q3)
22 Oct 2026
Bull case

Integrated business model and forest assets provide resilience and support total return through dividends and buybacks.

Bear case

Weak construction cycle and low electricity prices continue to pressure margins in wood products and energy.

Why this signal

Strong balance sheet and ongoing buybacks support the HOLD signal while uncertainty around wood products and energy prices limits upside in the near term.

Recent news
  • Holmen is laying off 18 employees at the Linghem sawmill and cutting production sharply due to weak market conditions. The share has fallen to around 310 SEK with one down day of 4.67 %. Insiders sold shares worth 1.3 MSEK while JP Morgan reduced its short position.

Key figures

Revenue
Q2 2026
SEK 5.6B
EBITDA
Q2 2026
SEK 1.0B
Net income
Q2 2026
SEK 510M
Total debt
Q2 2026
SEK 6.5B
Exchange
Stockholm
Type
Industrials
Sector
Forestry, paper/packaging board and renewable energy
Holmen HOLM B
Holmen — this picture changes. Follow free
Follow Holmen free Follow free
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.