Segment reporting

Net sales by business area

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen 621 777 2,641 3,408
Finland & Baltics Finland & Baltikum 564 703 2,729 3,497
Parent Company & consolidated items Moderbolaget & koncernposter -8 -8 -42 -30
Group Koncernen 1,177 1,472 5,328 6,875

Net sales by business area and product group

2023 Sweden & Poland Finland & Baltics Parent company & consolidated items Total
(SEK M) 2023
Oct-Dec
2023
Full-year
2023
Oct-Dec
2023
Full-year
2023
Oct-Dec
2023
Full-year
2023
Oct-Dec
2023
Full-year
2023 Sverige & Polen Finland & Baltikum Moderbolaget & koncernposter Totalt
(MSEK) 2023
okt-dec
2023
helår
2023
okt-dec
2023
helår
2023
okt-dec
2023
helår
2023
okt-dec
2023
helår
Long steel products Långa produkter 274 1,200 163 763 0 0 437 1,963
Flat steel products Platta produkter 263 1,040 285 1,389 0 0 548 2,429
Stainless steel Rostfritt stål 64 300 78 406 0 0 142 706
Aluminium Aluminium 12 65 28 121 0 0 40 186
Other Övrigt 8 36 10 50 -8 -42 10 44
Total Totalt 621 2,641 564 2,729 -8 -42 1,177 5,328
2022 Sweden & Poland Finland & Baltics Parent company & consolidated items Total
(SEK M) 2022
Oct-Dec
2022
Full-year
2022
Oct-Dec
2022
Full-year
2022
Oct-Dec
2022
Full-year
2022
Oct-Dec
2022
Full-year
2022 Sverige & Polen Finland & Baltikum Moderbolaget & koncernposter Totalt
(MSEK) 2022
okt-dec
2022
helår
2022
okt-dec
2022
helår
2022
okt-dec
2022
helår
2022
okt-dec
2022
helår
Long steel products Långa produkter 391 1,773 212 1,052 0 0 603 2,825
Flat steel products Platta produkter 275 1,056 345 1,747 0 0 620 2,803
Stainless steel Rostfritt stål 79 397 100 496 0 0 179 893
Aluminium Aluminium 21 95 35 161 0 0 56 256
Other Övrigt 11 87 11 41 -8 -30 14 98
Total Totalt 777 3,408 703 3,497 -8 -30 1,472 6,875

Net sales by country based on customer´s domicile

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden Sverige 603 690 2,549 3,261
Finland Finland 499 651 2,430 3,162
Other Övrigt 75 131 349 452
Group Koncernen 1,177 1,472 5,328 6,875

Shipped tonnage per segment

(Thousands of thonnes) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(Tusentals ton) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen 34 37 137 157
Finland & Baltics Finland & Baltikum 34 35 151 164
Parent Company & consolidated items Moderbolaget & koncernposter -1 0 -3 -1
Group Koncernen 67 72 285 320

Operating result (EBIT) per segment

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen -17 -15 -24 217
Finland & Baltics Finland & Baltikum -21 -98 -22 217
Parent Company & consolidated items Moderbolaget & koncernposter 1 -6 -6 -16
Group Koncernen -37 -119 -52 418

Operating margin per segment

2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen -2.8% -2.0% -0.9% 6.4%
Finland & Baltics Finland & Baltikum -3.8% -14.0% -0.8% 6.2%
Parent Company & consolidated items Moderbolaget & koncernposter neg neg neg neg
Group Koncernen -3.2% -8.1% -1.0% 6.1%

Underlying operating result (uEBIT) per segment 1)

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen -4 13 39 236
Finland & Baltics Finland & Baltikum -14 -59 -5 267
Parent Company & consolidated items Moderbolaget & koncernposter 1 -4 -4 -15
Group Koncernen -17 -50 30 488

Underlying operating margin per segment 2)

2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen -0.6% 1.7% 1.5% 6.9%
Finland & Baltics Finland & Baltikum -2.6% -8.3% -0.2% 7.6%
Parent Company & consolidated items Moderbolaget & koncernposter neg neg neg neg
Group Koncernen -1.4% -3.4% 0.6% 7.1%

 

Depreciation per segment

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen 3 3 12 12
Finland & Baltics Finland & Baltikum 4 4 13 11
Parent Company & consolidated items Moderbolaget & koncernposter 23 24 96 92
Group Koncernen 30 31 121 115

Investments in tangible and intangible assets per segment

(SEK M) 2023
Oct-Dec
2022
Oct-Dec
2023
Full-year
2022
Full-year
(MSEK) 2023
okt-dec
2022
okt-dec
2023
helår
2022
helår
Sweden & Poland Sverige & Polen 13 2 27 6
Finland & Baltics Finland & Baltikum 7 9 75 47
Parent Company & consolidated items Moderbolaget & koncernposter 44 0 44 0
Group Koncernen 64 11 146 53

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.