The year in brief
Result development in summary
- Net sales decreased by 12% to SEK 4,667 M (5,328)
- The underlying operating result increased to SEK 51 M (30)
- The period was affected by items affecting comparability of SEK -47 M (-6) related to closure of the Baltic and Polish units
- The operating result amounted to SEK -49 M (-52), including inventory losses of SEK -53 M (-76)
- Result after tax amounted to SEK -42 M (-60)
- Cash flow from operating activities amounted to SEK 105 M (491)
- Earnings per share amounted to SEK -3.21 (-4.59)
- Petteri Korpioja assumed the position as new MD of BE Group Oy Ab
- During the year, the loss-making unit in the Baltics was closed
- A decision was taken to move the Polish operations to Sweden and Finland
- The Board of Directors proposes that no dividend (-) will be paid for the financial year of 2024
| Key data | 2024 | 2023 | Change | |
| Nyckeltal | 2024 | 2023 | Förändring | |
| Tonnage, thousands of tons | Tonnage, tusental | 271 | 285 | -14 |
| Net sales, SEK M | Nettoomsättning, MSEK | 4,667 | 5,328 | -661 |
| Operating result, SEK M | Rörelseresultat, MSEK | -49 | -52 | 3 |
| Operating margin, % | Rörelsemarginal, % | -1.0 | -1.0 | 0 |
| Underlying operating result 1) | Underliggande rörelseresultat 1) | 51 | 30 | 21 |
| Result after tax, SEK M | Resultat efter skatt, MSEK | -42 | -60 | 18 |
| Result per share before and after dilution, SEK | Resultat per aktie före och efter utspädning, SEK | -3.21 | -4.59 | 1.38 |
| Return on capital employed excl. IFRS 16, % | Avkastning på sysselsatt kapital exkl. IFRS 16. % | -2.9 | -3.1 | 0.2 |
| Net debt excl. IFRS 16, SEK M 1) | Nettoskuld exkl. IFRS 16. MSEK 1) | 340 | 259 | 81 |
| Net debt/equity ratio excl. IFRS 16, % 1) | Nettoskuldsättningsgrad exkl. IFRS 16. % 1) | 24.4 | 18.1 | 6.3 |
| Cash flow from operating activities, SEK M | Kassaflöde från löpande verksamheten, MSEK | 105 | 491 | -386 |
| Average number of employees | Medeltal anställda | 640 | 678 | -38 |
1) Part of BE Group’s alternative performance measures which you can read more about in Alternative performance measures and Financial definitions.
| Sales by business solution, SEK M | Försäljning per affärslösning, MSEK | 2024 | 2023 | % |
| Inventory sales | Lagerförsäljning | 1,742 | 2,106 | -17 |
| Production service sales | Produktionsserviceförsäljning | 2,457 | 2,655 | -7 |
| Direct sales | Direktförsäljning | 468 | 567 | -17 |
| Total | Totalt | 4,667 | 5,328 | -12 |
| Sales by product area, SEK M | Försäljning per produktområde, MSEK | 2024 | 2023 | % |
| Long steel products | Långa produkter | 1,740 | 1,963 | -11 |
| Flat steel products | Platta produkter | 2,129 | 2,429 | -12 |
| Stainless steel | Rostfritt stål | 597 | 706 | -15 |
| Aluminium | Aluminium | 162 | 186 | -13 |
| Other | Övrigt | 39 | 44 | -11 |
| Total | Totalt | 4,667 | 5,328 | -12 |
Net sales
Underlying operating result 1)