Second quarter 2022

• Net sales increased to SEK 2,044 M (1,403)
• The underlying operating result increased to SEK 291 M (133)
• The operating result increased to SEK 313 M (158), including inventory gains of SEK 22 M (25)
• Result after tax increased to SEK 251 M (127)
• Cash flow from operating activities increased to SEK 127 M (81)
• Earnings per share increased to SEK 19.30 (9.74)
• The acquired assets of Hercules Rebar was taken over from Hercules Grundläggning AB
• Agreement was signed to acquire all shares in Goodtech Solutions Manufacturing AB with take-over on September 1 at the latest
• Lecor Stålteknik was sold with handover on July 1

First six months 2022

• Net sales increased to SEK 3,889 M (2,503)
• The underlying operating result increased to SEK 471 M (201)
• The operating result increased to SEK 497 M (244), including inventory gains of SEK 26 M (43)
• Result after tax increased to SEK 399 M (190)
• Cash flow from operating activities increased to SEK 235 M (141)
• Earnings per share increased to SEK 30.71 (14.62)

“Continued high steel prices made the second quarter into a new record quarter with a sales growth of 46%, despite a decrease in delivered tonnage of 14%. Over the past 12 months, BE Group delivered an operating result of SEK 874 M, corresponding to an operating margin of 12.9 percent”

Peter Andersson, President and CEO