Note 2 – Segment reporting

Net sales by business area and product group

2024 Sweden & Poland Finland & Baltics Other & Group adjustments Total
(SEK M) Oct-Dec Full-year Oct-Dec Full-year Oct-Dec Full-year Oct-Dec Full-year
2024 Sverige & Polen Finland & Baltikum Övrigt & koncernjusteringar Totalt
(MSEK) okt-dec helår okt-dec helår okt-dec helår okt-dec helår
Long steel products Långa produkter 261 1,083 133 657 0 0 394 1,740
Flat steel products Platta produkter 220 994 237 1,135 0 0 457 2,129
Stainless steel Rostfritt stål 60 266 75 331 0 0 135 597
Aluminium Aluminium 11 47 27 115 0 0 38 162
Other Övrigt 9 33 11 52 -11 -46 9 39
Total Totalt 561 2,423 483 2,290 -11 -46 1,033 4,667
2023 Sweden & Poland Finland & Baltics Other & Group adjustments Total
(SEK M) Oct-Dec Full-year Oct-Dec Full-year Oct-Dec Full-year Oct-Dec Full-year
2023 Sverige & Polen Finland & Baltikum Övrigt & koncernjusteringar Totalt
(MSEK) okt-dec helår okt-dec helår okt-dec helår okt-dec 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

Net sales by country based on customer´s domicile

(SEK M) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(MSEK) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden Sverige 528 603 2,276 2,549
Finland Finland 476 499 2,175 2,430
Other Övrigt 29 75 216 349
Group Koncernen 1,033 1,177 4,667 5,328

Shipped tonnage per segment

(Thousands of thonnes) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(Tusentals ton) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen 31 34 134 137
Finland & Baltics Finland & Baltikum 29 34 140 151
Parent Company & consolidated items Moderbolaget & koncernposter 0 -1 -3 -3
Group Koncernen 60 67 271 285

Operating result (EBIT) per segment

(SEK M) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(MSEK) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen -46 -17 -32 -24
Finland & Baltics Finland & Baltikum -15 -21 -11 -22
Parent Company & consolidated items Moderbolaget & koncernposter -8 1 -6 -6
Group Koncernen -69 -37 -49 -52

Operating margin per segment

2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen -8.4% -2.8% -1.3% -0.9%
Finland & Baltics Finland & Baltikum -3.3% -3.8% -0.5% -0.8%
Parent Company & consolidated items Moderbolaget & koncernposter N/A N/A N/A N/A
Group Koncernen -6.6% -3.2% -1.0% -1.0%

Underlying operating result (uEBIT) per segment 1)

(SEK M) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(MSEK) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen 1 -4 44 39
Finland & Baltics Finland & Baltikum -10 -14 12 -5
Parent Company & consolidated items Moderbolaget & koncernposter -6 1 -5 -4
Group Koncernen -15 -17 51 30

Underlying operating margin per segment 2)

2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen 0.2% -0.6% 1.8% 1.5%
Finland & Baltics Finland & Baltikum -2.1% -2.6% 0.5% -0.2%
Parent Company & consolidated items Moderbolaget & koncernposter N/A N/A N/A N/A
Group Koncernen -1.5% -1.4% 1.1% 0.6%

 

Investments in tangible and intangible assets per segment

(SEK M) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(MSEK) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Sweden & Poland Sverige & Polen 5 13 24 27
Finland & Baltics Finland & Baltikum 5 7 12 75
Parent Company & consolidated items Moderbolaget & koncernposter 43 44 92 44
Group Koncernen 53 64 128 146

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.