The business area includes the Group’s operations in Sweden consisting of the companies BE Group Sverige and Lecor Stålteknik, as well as the Polish operation BE Group Poland.

First quarter

Net sales increased by 20 percent in the first quarter compared to last year and amounted to SEK 651 M (543). The operating result improved to SEK 39 M (31). Adjusted for inventory gains and losses of SEK 4 M (9), the underlying operating result amounted to SEK 35 M (23).

The distribution business in Sweden delivers a strongly improved underlying operating result mainly due to higher steel prices and a lower cost level. The volume was in line with the same period last year. Business unit Production Sweden & Poland also delivers a strongly improved underlying operating result. Volume growth, which leads to better capacity utilization, and a positive price and mix effect are the main contributors to this development.

The change measures taken regarding the organization and operational focus in Lecor Stålteknik mean that the company is now showing profitability in the quarter.

Business Area Sweden & Poland, sales growth and underlying operating result per quarter*

*Comparative numbers have been restated with regards to BE Group Produktion Eskilstuna.