Holmen turned in a much stronger performance in 2019 than it had in 2018. One of the main reasons was that the group’s forest assets had been revaluated and are now worth considerably more. Holmen reported that the value of its forest assets had jumped from SEK22m to SEK41m. As a result, the group’s profits rose ...
Holmen benefits from the revaluation of forest assets in 2019 financial year
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