Holmen posts slightly lower results in the first half, paper division back in the black

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Holmen posted solid earnings in the first half of 2016 but came just short of matching the prior year’s level. The company reported net profit of SEK587m, down by 5.3% compared to the first six months of 2015. Operating profit in the period was stable at SEK831m. Holmen’s sales of SEK7.77bn were also 6.4% lower ...

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