Forest climate and natural hazard exposure
Trees grow over decades, so drought, storms, fires, and pests can affect timber supply and asset value.
- Scope
- Forest holdings and silviculture operations
- Materiality
- high
Holmen A
Holmen is a Swedish forest industry group that owns and manages forest land and converts wood fiber into renewable products. Its business spans forest holdings, paper and paperboard mills, sawmills, and renewable power assets, with operations centered in Sweden and a smaller presence in the UK.
3.4k
1.38
0.46
| % | |
|---|---|
| Forest | 25% Ownership and active management of forest land, including silviculture and harvesting. |
| Paperboard and paper | 35% Paperboard and paper production from wood fiber for packaging and print-related uses. |
| Sawn timber and wood products | 25% Sawmill output and wood-based products sold to industrial and construction customers. |
| Renewable energy | 10% Hydro and wind power generation from land and water assets within the group. |
| Other and internal services | 5% Smaller activities and group-level items not captured in the main operating categories. |
Holmen sells to industrial customers that use forest-based inputs in packaging, printing, construction, and...
- Packaging and paperboard customersprimary
Buy paperboard for packaging applications where fiber quality, consistency, and sustainability matter.
- Printing and paper customerssecondary
Buy paper products for publication and other paper uses that require stable quality and supply.
- Construction and wood-product customersprimary
Buy sawn timber and wood products for building, industrial, and distribution channels.
- Energy market counterpartiessecondary
Buy renewable electricity generated from Holmen's hydro and wind assets.
- Industrial fiber userssecondary
Buy forest-based raw materials and related outputs for downstream industrial processing.
Holmen’s core asset base is in Sweden, where it owns large forest holdings and operates most of its mills, power...
- •Sweden is the main operating base and forest asset location
- •Most mills, sawmills, and power assets are in northern and central Sweden
- •Stockholm is the group head office location
- •The UK presence is centered on Workington Mill
- •Forest ownership is a strategic geographic advantage and raw-material base
Holmen’s strategy is built around active and sustainable forestry, efficient industrial conversion of wood fiber, and...
01
Active and sustainable forestrylong-term
Forest growth and harvest planning underpin long-term raw-material supply and asset value.
02
Industrial efficiency and product developmentmedium-term
Mills and sawmills convert forest resources into higher-value products for industrial customers.
03
Renewable energy monetizationmedium-term
Hydro and wind assets create additional value from land and water holdings.
04
Decentralized operating modelshort-term
Business areas are responsible for targets and strategies, improving local execution and accountability.
Holmen is exposed to forestry, industrial, and market risks tied to weather, pests, fires, storms, and long forest...
Business conduct and compliance risk
Customers and partners expect strong sustainability principles; breaches can harm relationships and trigger penalties.
- Scope
- Upstream, own operations, downstream
- Materiality
- medium
Currency risk
Sales and costs are denominated in different currencies, creating transaction and translation exposure.
- Scope
- EUR, USD, GBP flows versus SEK reporting
- Materiality
- high
Regulatory and sustainability risk
New legislation can increase obligations around value-chain responsibility and operating conditions.
- Scope
- Forestry, sourcing, product traceability
- Materiality
- high
Forest land and biological asset assumptions
Long-cycle assumptions influence asset values and impairment risk
Derivative and hedge accounting
Can shift reported financial income and balance sheet values
Foreign currency translation
Creates volatility in consolidated earnings and equity
Lease and pension obligations
Affects leverage presentation and debt analysis
: 11/08/2026