Fourth quarter 2025

  • Net sales decreased by 10% to SEK 925 M (1,033)
  • The underlying operating result amounted to SEK -52 M (-15)
  • The operating result amounted to SEK -52 M (-69), including inventory gains and losses of SEK 1 M (-26) and items affecting comparability of SEK -1 M (-28)
  • Result after tax amounted to SEK -37 M (-57)
  • Cash flow from operating activities amounted to SEK -5 M (53)
  • Earnings per share amounted to SEK -1.90 (-4.36)
  • Christoffer Franzén assumed the position as Acting President and CEO, Johan Wiig will assume the position on February 2, 2026

Full-year 2025

  • Net sales decreased by 16% to SEK 3,934 M (4,667)
  • The underlying operating result amounted to SEK -113 M (51)
  • The period was affected by items affecting comparability of SEK -471 M (-47) 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 -586 M (-49), including inventory losses of SEK -2 M (-53)
  • Result after tax amounted to SEK -538 M (-42)
  • Cash flow from operating activities amounted to SEK 2 M (105)
  • Earnings per share amounted to SEK -35.54 (-3.21)
  • Entered into an updated credit agreement of SEK 775 M with a term of three years with the possibility of an extension of two years
  • An oversubscribed rights issue was completed with net proceeds amounting to SEK 135 M
  • The Board of Directors proposes that no dividend will be paid for the financial year of 2025

“The fourth quarter of 2025 continued to be characterized by a weak steel market in the Nordic region with low demand. The Group´s consolidated net sales decreased by 10 percent to SEK 925 M (1,033). The underlying result amounted to SEK -52 M (-15), which reflects the challenging market environment and the impact that the transition to the new business system has had on the Finnish operations” – Christoffer Franzén, Acting President and CEO

Results overview 2025
Oct-Dec		 2024
Oct-Dec		 Change 2025
Full-year		 2024
Full-year		 Change
Resultatöversikt 2025
okt-dec		 2024
okt-dec		 Förändring 2025
helår		 2024
helår		 Förändring
Tonnage, thousands of tonnes Tonnage, tusen ton 57 60 -3 241 271 -30
-of which organic tonnage, thousands of tonnes – varav organiskt tonnage, tusen ton 57 60 -3 240 260 -20
Net sales, SEK M Nettoomsättning, MSEK 925 1,033 -108 3,934 4,667 -733
Underlying operating result, SEK M
Underliggande rörelseresultat, MSEK
 -52 -15 -37 -113 51 -164
Operating result, SEK M Rörelseresultat, MSEK -52 -69 17 -586 -49 -537
Profit/loss for the period, SEK M Periodens resultat, MSEK -37 -57 20 -538 -42 -496
Earnings per share, SEK 1) Resultat per aktie, SEK 1) -1.90 -4.36 2.46 -35.54 -3.21 -32.33
Cash flow from operating activities, SEK M
Kassaflöde från den löpande verksamheten, MSEK
 -5 53 -58 2 105 -103

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 2025, the Group reported sales of SEK 3.9 billion. BE Group has approximately 520 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.