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Holmen Timber’s result impaired by depreciation

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Published in issue 36/2012
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The operating result of the Timber division of the Swedish company Holmen AB of Stockholm was impaired in the first half year by scheduled depreciation to the tune of SEK62m (Jan.-June 2011: SEK49m) on the Braviken sawmill put into operation in October 2010. An operating loss of -SEK57m (-SEK65m) was consequently ...

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