Segment reporting

Net sales by business area

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 439 489 1,782 2,209
Finland & Baltics Finland & Baltikum 436 496 1,896 2,157
Parent Company & consolidated items Moderbolaget & koncernposter 0 -1 -6 -7
Group Koncernen 875 984 3,672 4,359

Net sales by business area and product group

(SEK M) Sweden & Poland Finland & Baltics Parent company & consolidated items Total
2020
Oct-Dec
2020
Full-year
2020
Oct-Dec
2020
Full-year
2020
Oct-Dec
2020
Full-year
2020
Oct-Dec
2020
Full-year
(MSEK) Sverige & Polen Finland & Baltikum Moderbolaget & koncernposter Totalt
2020
okt-dec
2020
helår
2020
okt-dec
2020
helår
2020
okt-dec
2020
helår
2020
okt-dec
2020
helår
Long steel products Långa produkter 216 852 122 511 0 0 338 1,363
Flat steel products Platta produkter 130 517 210 911 0 0 340 1,428
Stainless steel Rostfritt stål 57 268 72 343 0 0 129 611
Aluminium Aluminium 14 58 24 112 0 0 38 170
Other Övrigt 22 87 8 19 0 -6 30 100
Total Totalt 439 1,782 436 1,896 0 -6 875 3,672
(SEK M) Sweden & Poland Finland & Baltics Parent company & consolidated items Total
2019
Oct-Dec
2019
Full-year
2019
Oct-Dec
2019
Full-year
2019
Oct-Dec
2019
Full-year
2019
Oct-Dec
2019
Full-year
(MSEK) Sverige & Polen Finland & Baltikum Moderbolaget & koncernposter Totalt
2019
okt-dec
2019
helår
2019
okt-dec
2019
helår
2019
okt-dec
2019
helår
2019
okt-dec
2019
helår
Long steel products Långa produkter 231 1,013 130 560 0 -1 361 1,572
Flat steel products Platta produkter 136 665 240 1,062 0 0 376 1,727
Stainless steel Rostfritt stål 84 370 91 382 0 0 175 752
Aluminium Aluminium 17 76 35 136 -5 -5 47 207
Other Övrigt 21 85 0 17 4 -1 25 101
Total Totalt 489 2,209 496 2,157 -1 -7 984 4,359

Net sales by country based on customer´s domicile

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden Sverige 431 477 1,743 2,156
Finland Finland 374 441 1,681 1,872
Other Övrigt 70 66 248 331
Group Koncernen 875 984 3,672 4,359

Shipped tonnage per segment

(Thousands of thonnes) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(Tusentals ton) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 36 37 144 168
Finland & Baltics Finland & Baltikum 40 40 164 173
Parent Company & consolidated items Moderbolaget & koncernposter 0 0 -1 -1
Group Koncernen 76 77 307 340

Operating result (EBIT) per segment

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 7 9 -14 61
Finland & Baltics Finland & Baltikum 17 5 63 53
Parent Company & consolidated items Moderbolaget & koncernposter -6 -6 -10 -26
Group Koncernen 18 8 39 88

Operating margin per segment

2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 1.7% 2.0% -0.8% 2.8%
Finland & Baltics Finland & Baltikum 4.0% 1.0% 3.3% 2.4%
Parent Company & consolidated items Moderbolaget & koncernposter neg neg neg neg
Group Koncernen 2.1% 0.8% 1.1% 2.0%

Underlying operating result (uEBIT) per segment 1)

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 7 12 32 67
Finland & Baltics Finland & Baltikum 11 4 74 52
Parent Company & consolidated items Moderbolaget & koncernposter -6 -7 -10 -26
Group Koncernen 12 9 96 94

Underlying operating margin per segment 2)

2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 1.6% 2.5% 1.8% 3.0%
Finland & Baltics Finland & Baltikum 2.5% 0.8% 3.9% 2.4%
Parent Company & consolidated items Moderbolaget & koncernposter neg neg neg neg
Group Koncernen 1.4% 0.9% 2.6% 2.1%

Depreciation per segment

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 4 3 13 13
Finland & Baltics Finland & Baltikum 3 3 13 16
Parent Company & consolidated items Moderbolaget & koncernposter 22 21 89 84
Group Koncernen 29 27 115 113

Investments in tangible and intangible assets per segment

(SEK M) 2020
Oct-Dec
2019
Oct-Dec
2020
Full-year
2019
Full-year
(MSEK) 2020
okt-dec
2019
okt-dec
2020
helår
2019
helår
Sweden & Poland Sverige & Polen 2 13 17 17
Finland & Baltics Finland & Baltikum 1 2 2 7
Parent Company & consolidated items Moderbolaget & koncernposter 2 1 2 1
Group Koncernen 5 16 21 25

1) Operating profit/loss (EBIT) adjusted for inventory gains and losses and items affecting comparability. Inventory gains and losses are the differences between the cost of goods sold at acquisition value and the cost of goods sold at replacement cost. The Group’s internal model is used to calculate inventory gains and losses and has not been subject for review by the Group’s auditor.
2) Underlying operating result (uEBIT) as a percentage of net sales.