Third quarter 2025

  • Net sales decreased by 19% to SEK 859 M (1,057)
  • The underlying operating result amounted to SEK -23 M (6)
  • The operating result amounted to SEK -30 M (5), including inventory gains and losses of SEK 0 M (-9) and items affecting comparability of SEK -7 M (8)
  • Result after tax amounted to SEK -29 M (18)
  • Cash flow from operating activities increased to SEK 48 M (-13)
  • Earnings per share amounted to SEK -1.95 (1.36)
  • The company has entered into an updated credit agreement of SEK 775 M with a term of three years with the possibility of an extension of another two years
  • An oversubscribed rights issue was completed with net proceeds amounting to SEK 135 M
  • Peter Andersson resigned as President and CEO, the recruitment process is ongoing

First nine months 2025

  • Net sales decreased by 17% to SEK 3,009 M (3,634)
  • The underlying operating result amounted to SEK -61 M (66)
  • The period was affected by items affecting comparability of SEK -470 M (-19) mainly related to write-down of goodwill and capitalized expenses for a new business system and restructuring of business
  • The operating result amounted to SEK -534 M (20), including inventory losses of SEK -3 M (-27) and items affecting comparability
  • Result after tax amounted to SEK -501 M (15)
  • Cash flow from operating activities amounted to SEK 7 M (52)
  • Earnings per share amounted to SEK -36.64 (1.15)

“In the third quarter, net sales fell to SEK 859 M (1,057), which is mainly attributable to a negative development in the Finnish part of the operations. Initially, the transition to a new ERP system led to a considerable decrease in efficiency in the Finnish company. The technical challenges have largely been resolved, and the organization is now fully focused on regaining market share.” – Peter Andersson, President and CEO

Results overview 2025
Jul-Sep
2024
Jul-Sep
Change 2025
Jan-Sep
2024
Jan-Sep
Change
Resultatöversikt 2025
jul-sep
2024
jul-sep
Förändring 2025
jan-sep
2024
jan-sep
Förändring
Tonnage, thousands of tonnes Tonnage, tusen ton 52 62 -10 184 211 -27
-of which organic tonnage, thousands of tonnes – varav organiskt tonnage, tusen ton 52 61 -9 184 201 -17
Net sales, SEK M Nettoomsättning, MSEK 859 1,057 -198 3,009 3,634 -625
Underlying operating result, SEK M
Underliggande rörelseresultat, MSEK
-23 6 -29 -61 66 -127
Operating result, SEK M Rörelseresultat, MSEK -30 5 -35 -534 20 -554
Profit/loss for the period, SEK M Periodens resultat, MSEK -29 18 -47 -501 15 -516
Earnings per share, SEK 1) Resultat per aktie, SEK 1) -1.95 1.36 -3.31 -36.64 1.15 -37.79
Cash flow from operating activities, SEK M
Kassaflöde från den löpande verksamheten, MSEK
48 -13 61 7 52 -45

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 2024, the Group reported sales of SEK 4.7 billion. BE Group has approximately 560 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.