Overview
Sweden-based steel distributor's Q4 net sales fell 10% to SEK 925 mln
Q4 operating result was SEK -52 mln, reflecting weak Nordic steel market
Company will not pay a dividend for the 2025 financial year
Outlook
Company expects steel prices to rise by 3-4% in early 2026
BE Group forecasts continued recovery in construction segment
Company aims to restore efficiency in Finnish operations
Result Drivers
WEAK STEEL MARKET - BE Group's Q4 net sales decline attributed to weak steel market in Nordic region
FINNISH OPERATIONS IMPACT - Transition to new business system in Finland negatively affected underlying results
CONSTRUCTION SEGMENT RECOVERY - Construction segment volumes increased by 8% despite overall weak demand
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 925 mln
Q4 EPS
-SEK 1.90
Q4 Net Income
-SEK 37 mln
Q4 Adjusted EBIT
-SEK 52 mln
Q4 EBIT
-SEK 52 mln
Press Release: ID:nMFN1NXsqM
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)