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Maintenance stop in Workington and weak demand weigh on earnings of Holmen Paperboard

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Published in issue 36/2023
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The fall in demand for forestry products in the construction and consumer goods sectors has weighed down financial performance of Swedish company Holmen in the second quarter as well as the first half of the year. Operating and net profit fell in the second quarter by roughly 45 per cent to SEK1.1bn and SEK890m resp...

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