Comments on the report

Third quarter

The Group’s net sales increased by 13 percent compared with the previous year and amounted to SEK 974 M (859). The increase was attributable to 9 percent higher tonnage and positive price and mix effects of 4 percent.

The increase in the Group’s tonnage was driven by Finland, where the business continued to outperform the market. The comparative figures for Finland were lower due to the transition to a new business system in the previous year, contributing to the positive volume development compared with the corresponding period in 2025. In Sweden, volumes decreased, primarily due to weak construction-related demand.

Gross profit increased to SEK 126 M (89), and the gross margin strengthened to 13.0 percent (10.4). The improvement was mainly attributable to higher volumes and improved margin in Finland, as well as positive price and mix effects.

Operating result increased to SEK 4 M (-30), corresponding to an operating margin of 0.3 percent (-3.5). Adjusted for inventory gains of SEK 5 M (0) and items affecting comparability of SEK -5 M (-7), the underlying operating result increased to SEK 4 M (-23), and the underlying operating margin amounted to 0.4 percent (-2.7).

First nine months

The Group’s net sales increased by 1 percent compared with the previous year and amounted to SEK 3,052 M (3,009), while delivered tonnage was in line with the previous year. Higher volumes and stronger market development in Finland were partly offset by lower volumes in Sweden.

Gross profit increased to SEK 412 M (315), and the gross margin strengthened to 13.5 percent (10.5). Operating result amounted to SEK 32 M (-534), corresponding to an operating margin of 1.0 percent (-17.7). Adjusted for inventory gains of SEK 27 M (-3) and items affecting comparability of SEK -5 M (-470), the underlying operating result increased to SEK 10 M (-61). The underlying operating margin amounted to 0.3 percent (-2.0).