Note 2 – Segment reporting

Net sales by business area and product group

2026 Sweden Finland Other companies Other & Group adjustments Total
(SEK M) Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Rolling
12 mos
2026 Sverige Finland Övriga bolag Övrigt & koncernjusteringar Totalt
(MSEK) jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep Rullande 12 mån
Long steel products Långa produkter 237 781 161 430 0 0 0 0 398 1,211 1,572
Flat steel products Platta produkter 164 586 260 775 0 0 0 0 424 1,361 1,779
Stainless steel Rostfritt stål 39 136 74 223 0 0 0 0 113 359 469
Aluminium Aluminium 9 30 27 79 0 0 0 0 36 109 141
Other Övrigt 5 28 17 55 0 0 -19 -71 3 12 16
Total Totalt 454 1,561 539 1,562 0 0 -19 -71 974 3,052 3,977
2025 Sweden Finland Other companies Other & Group adjustments Total
(SEK M) Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Jul-Sep Jan-Sep Full-year
2025 Sverige Finland Övriga bolag Övrigt & koncernjusteringar Totalt
(MSEK) jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep jul-sep jan-sep helår
Long steel products Långa produkter 222 814 104 351 0 0 0 0 326 1,165 1,526
Flat steel products Platta produkter 176 633 211 696 0 11 0 0 387 1,340 1,758
Stainless steel Rostfritt stål 54 190 60 200 0 0 0 0 114 390 500
Aluminium Aluminium 9 33 17 62 0 0 0 0 26 95 127
Other Övrigt 7 21 23 80 0 0 -24 -82 6 19 23
Total Totalt 468 1,691 415 1,389 0 11 -24 -82 859 3,009 3,934

Net sales by country based on customer's domicile

(SEK M) 2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
(MSEK) 2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige 436 447 1,486 1,621 2,084 1,949
Finland Finland 524 391 1,521 1,308 1,759 1,972
Other Övrigt 14 21 45 80 91 56
Group Koncernen 974 859 3,052 3,009 3,934 3,977

Shipped tonnage per segment

(Thousands of tonnes) 2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
(Tusentals ton) 2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige 27 28 94 101 131 124
Finland Finland 33 27 98 91 121 128
Other companies Övriga bolag N/A N/A N/A 1 0 N/A
Parent Company & consolidated items Moderbolaget & koncernposter -1 -1 -5 -6 -7 -6
Group Koncernen 59 54 187 187 245 245

Operating result (EBIT) per segment

(SEK M) 2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
(MSEK) 2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige -10 -7 10 -250 -278 -18
Finland Finland 10 -20 29 -243 -263 9
Other companies Övriga bolag N/A N/A N/A 3 3 N/A
Parent Company & consolidated items Moderbolaget & koncernposter 4 -3 -7 -44 -48 -11
Group Koncernen 4 -30 32 -534 -586 -20

Operating margin per segment

2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige -2.0% -1.6% 0.7% -14.8% -12.8% -0.9%
Finland Finland 2.0% -4.8% 1.9% -17.5% -14.2% 0.5%
Other companies Övriga bolag N/A N/A N/A 21.1% 21.2% N/A
Parent Company & consolidated items Moderbolaget & koncernposter N/A N/A N/A N/A N/A N/A
Group Koncernen 0.3% -3.5% 1.0% -17.7% -14.9% -0.5%

Underlying operating result (uEBIT) per segment 1)

(SEK M) 2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
(MSEK) 2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige -12 -1 -4 3 -22 -29
Finland Finland 14 -19 22 -51 -75 -2
Other companies Övriga bolag N/A N/A N/A 0 0 N/A
Parent Company & consolidated items Moderbolaget & koncernposter 2 -3 -8 -13 -16 -11
Group Koncernen 4 -23 10 -61 -113 -42

Underlying operating margin per segment 2)

2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige -2.6% -0.3% -0.3% 0.1% -1.0% -1.4%
Finland Finland 2.6% -4.6% 1.4% -3.7% -4.1% -0.1%
Other companies Övriga bolag N/A N/A N/A 1.4% 1.4% N/A
Parent Company & consolidated items Moderbolaget & koncernposter N/A N/A N/A N/A N/A N/A
Group Koncernen 0.4% -2.7% 0.3% -2.0% -2.9% -1.1%

 

Investments in tangible and intangible assets per segment

(SEK M) 2026
Jul-Sep
2025
Jul-Sep
2026
Jan-Sep
2025
Jan-Sep
2025
Full-year
Rolling
12 months
(MSEK) 2026
jul-sep
2025
jul-sep
2026
jan-sep
2025
jan-sep
2025
helår
Rullande
12 mån
Sweden Sverige 2 6 6 18 25 13
Finland Finland 2 0 5 5 8 8
Other companies Övriga bolag N/A N/A N/A 0 0 N/A
Parent Company & consolidated items Moderbolaget & koncernposter 2 1 2 17 16 1
Group Koncernen 6 7 13 40 49 22