Investing.com - Holmen reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Holmen announced earnings per share of kr9.2 on revenue of kr5.8. Analysts polled by Investing.com anticipated EPS of kr7.7 on revenue of kr5.65B.
Holmen shares are up 0.47% from the beginning of the year , still down 26.18% from its 52 week high of kr592.00 set on Tuesday, April 19, 2022.
Holmen follows other major Materials sector earnings this month
Holmen's report follows an earnings beat by Boliden on Thursday, who reported EPS of kr35.95 on revenue of kr62.86B, compared to forecasts EPS of kr9.36 on revenue of kr19.95B.
Nexam Chemical Holding AB had missed expectations on Thursday with third quarter EPS of kr-0.03 on revenue of kr56.66M, compared to forecast for EPS of kr-0.0158 on revenue of kr56.28M.
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