Holmen stock edges lower as Q2 2026 profits lag despite higher sales

Holmen stock is trading slightly below its recent close on the Stockholm exchange as investors weigh modestly higher Q2 2026 sales against weaker earnings and a reduced short-selling position.

Holmen AB (ISIN SE0000171100) stock was quoted at around 325.40 SEK on the Stockholm exchange on September 1, 2026, slightly below its last official closing price of 327.60 SEK from the previous trading day according to market data compiled by Yahoo Finance and Cboe Europe.

Q2 2026 figures show pressure on margins

According to an analysis of Holmen's latest results published by Simply Wall St on September 1, 2026, Holmen reported sales of 5,632 million SEK in the second quarter of 2026, modestly higher than in the prior-year quarter.

The same analysis notes that net income for Q2 2026 came in at 510 million SEK, while earnings per share from continuing operations slipped to 3.3 SEK, highlighting that profitability did not keep pace with revenue growth compared with the previous year.

First-half 2026 performance and comparison

Across the first half of 2026, Holmen's sales totaled 11,105 million SEK, according to the Simply Wall St breakdown of the company’s interim figures, indicating that the second quarter accounted for just over half of the half-year total.

For investors, the key point in that half-year overview is that earnings per share over the first six months of 2026 were 7.4 SEK, lower than in the comparable period a year earlier, underscoring that margin pressure rather than top-line weakness is the main challenge in the current reporting period.

Short-selling position shifts and analyst context

Market data collated by European trading platforms and summarized by Zonebourse indicate that on September 1, 2026 Holmen shares traded intraday around 324.50 SEK to 326.10 SEK, with a day-on-day move of approximately minus 0.5 percent and a year-to-date performance still down by a little more than 8 percent compared with the start of 2026.

The same overview points out that the last closing price for Holmen was 327.60 SEK and that the average analyst price target stands at 342.22 SEK, suggesting upside potential of about 4 percent to 5 percent from the current market level if those targets are reached.

Separate commentary on the short-selling landscape, also reported by Zonebourse, notes that JP Morgan Asset Management no longer appears among the publicly disclosed short sellers in Holmen, which removes one prominent name from the list of investors betting against the stock.

Holmen's business and key product areas

Holmen AB is a Swedish forest industry group that generates revenue from sustainable forestry, wood products, paperboard and renewable energy, with its operations spanning forest management, sawmills and pulp and paperboard mills.

One representative business area for Holmen is its premium paperboard products used in packaging for consumer goods, cosmetics and pharmaceuticals, a segment where demand trends and pricing directly influence the company’s margin development alongside volumes from its sawmill operations.

Holmen stock on the Stockholm exchange

Holmen stock is listed on the Stockholm exchange under the ticker HOLM-B.ST, with real-time prices in Swedish krona available via stock portals such as Yahoo Finance, which on September 1, 2026 showed an intraday quote of 325.40 SEK with a daily movement of minus 0.67 percent and trailing total returns calculated as of that date.

For investors watching the name, the current share price around the mid-320 SEK level remains below the average analyst target of 342.22 SEK derived from recent market data, while the year-to-date performance of roughly minus 8 percent reflects both cyclical swings in the forest products sector and the pressure on earnings seen in Holmen’s latest half-year figures.

Holmen stock facts

• Company: Holmen AB
• ISIN: SE0000171100
• Ticker: HOLM-B.ST
• Trading venue: Stockholm Stock Exchange
• Price (as of September 1, 2026, 16:35): 325.40 SEK
• Market capitalization: Not specified in available same-day sources
• Sector / Industry: Materials / Forest Products
• Index membership: Swedish large and mid-cap indices