INTERIM Report
BE Group AB (publ)
January – June 2026
Second quarter 2026
- Net sales increased by 1% to SEK 1,056 M (1,045)
- The underlying operating result increased to SEK 8 M (-36)
- Inventory gains amounted to SEK 12 M (7) and items affecting comparability to SEK 0 M (-463)
- The operating result increased to SEK 20 M (-492)
- Result after tax increased to SEK 14 M (-458)
- Cash flow from operating activities increased to SEK 22 M (-4)
- Earnings per share increased to SEK 0.71 (-35.26)
- The incentive program TO 2026/2029:1 was fully subscribed through investments from Group management
First six months 2026
- Net sales decreased by 3% to SEK 2,078 M (2,150)
- The underlying operating result increased to SEK 6 M (-38)
- Inventory gains amounted to SEK 22 M (-3) and items affecting comparability to SEK 0 M (-463)
- The operating result increased to SEK 28 M (-504)
- Result after tax increased to SEK 19 M (-472)
- Cash flow from operating activities increased to SEK 8 M (-41)
- Earnings per share increased to SEK 0.96 (-36.34)
“The Group’s net sales increased to SEK 1,056 M (1,045). Operating result increased to SEK 20 M (-492), and underlying operating result increased to SEK 8 M (-36). The improved earnings were driven by higher steel prices, stronger gross margins, and increased operational efficiency. At the same time, cash flow from operating activities improved compared with the previous year.“
Johan Wiig, President and CEO
| Results overview | 2026 Apr-Jun | 2025 Apr-Jun | Change | 2026 Jan-Jun | 2025 Jan-Jun | Change | |
| Resultatöversikt | 2026 apr-jun | 2025 apr-jun | Förändring | 2026 jan-jun | 2025 jan-jun | Förändring | |
| Tonnage, thousands of tonnes | Tonnage, tusen ton | 64 | 65 | -1 | 128 | 133 | -5 |
| Net sales, SEK M | Nettoomsättning, MSEK | 1,056 | 1,045 | 11 | 2,078 | 2,150 | -72 |
| Underlying operating result, SEK M | Underliggande rörelseresultat, MSEK | 8 | -36 | 44 | 6 | -38 | 44 |
| Operating result, SEK M | Rörelseresultat, MSEK | 20 | -492 | 512 | 28 | -504 | 532 |
| Profit/loss for the period, SEK M | Periodens resultat, MSEK | 14 | -458 | 472 | 19 | -472 | 491 |
| Earnings per share, SEK 1) | Resultat per aktie, SEK 1) | 0.71 | -35.26 | 35.97 | 0.96 | -36.34 | 37.30 |
| Cash flow from operating activities, SEK M | Kassaflöde från den löpande verksamheten, MSEK | 22 | -4 | 26 | 8 | -41 | 49 |
1) Based on average number of shares
BE Group AB (publ), which is listed on the Nasdaq Stockholm exchange, is a leading independent steel distributor that stores and processes steel, stainless steel, and aluminium for customers primarily in the construction and manufacturing industries. Through the company’s production services, customers can order customized steel components to optimize their production processes. In 2025, the Group reported sales of SEK 3.9 billion. BE Group has approximately 520 employees, with Sweden and Finland as its largest markets. The headquarters is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.