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 decreased by 1 percent in the first quarter compared to last year and amounted to SEK 643 M (651). The operating result amounted to SEK 30 M (39). Adjusted for inventory gains and losses, the underlying operating result amounted to SEK 33 M (35).

Tonnage in business unit Distribution Sweden was slightly lower than the same period last year. Consequently, the business is showing an underlying operating result that is marginally lower, largely due to the first quarter of last year being comparatively strong with a favorable product mix and rising prices.

Business unit Production Sweden & Poland is continuing to show improved profitability, due to higher sales and an improved gross margin resulting from higher capacity utilization and positive price and mix effects. The result was improved mainly due to the continuous improvement work in the production unit in Norrköping. Poland is now also contributing positively during the quarter.

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

*BE Group Produktion Eskilstuna has been reported under Parent Company and Group items since the fourth quarter of 2017. Comparative numbers have been restated.