Fourth quarter 2020

  • Net sales decreased by 11% to SEK 875 M (984)
  • The underlying operating result increased to SEK 12 M (9)
  • The operating result increased to SEK 18 M (8)
  • Result after tax increased to SEK 13 M (7)
  • Cash flow from operating activities increased to SEK 152 M (85)
  • Earnings per share increased to SEK 1.06 (0.57)

Full-year 2020

  • Net sales decreased by 16% to SEK 3,672 M (4,359)
  • The underlying operating result increased to SEK 96 M (94)
  • The period was affected by items affecting comparability of
    SEK -40 M (-) related to centralization of warehouse and production operations in Sweden and the Baltics
  • The operating result amounted to SEK 39 M (88)
  • Result after tax amounted to SEK 4 M (50)
  • Cash flow from operating activities increased to SEK 341 M (200)
  • Earnings per share amounted to SEK 0.33 (3.87)
  • The Board of Directors proposes that no dividend will be paid for the financial year of 2020
Results overview 2020
Oct-Dec		 2019
Oct-Dec		 Change 2020
Jan-Dec		 2019
Jan-Dec		 Change
Resultatöversikt 2020
oct-dec		 2019
okt-dec		 Förändring 2020
jan-dec		 2019
jan-dec		 Förändring
Tonnage, thousands of tonnes Tonnage, tusen ton 76 77 -1 307 340 -33
Net sales, SEK M Nettoomsättning, MSEK 875 984 -109 3,672 4,359 -687
Underlying operating result, SEK M
Underliggande rörelseresultat, MSEK
 12 9 3 96 94 2
Operating result, SEK M Rörelseresultat, MSEK 18 8 10 39 88 -49
Profit/loss for the period, SEK M Periodens resultat, MSEK 13 7 6 4 50 -46
Earnings per share, SEK Resultat per aktie, SEK 1.06 0.57 0.49 0.33 3.87 -3.54
Cash flow from operating activities, SEK M
Kassaflöde från den löpande verksamheten, MSEK
 152 85 67 341 200 141

BE Group, which is listed on the Nasdaq Stockholm exchange, is a trading and service company in steel, stainless steel and aluminium. BE Group offers efficient distribution and value-adding production services to customers primarily in the construction and manufacturing industries. In 2020, the Group reported sales of SEK 3.7 billion. BE Group has approximately 630 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.