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Premium offering and market-leading positions across three divisions

Tube

Seamless tubes and other long products primarily for the Industrial, Chemical and Petrochemical, Oil and Gas, mining and Construction, Nuclear and Transportation customer segments, as well as the Hydrogen and Renewable Energy segment.

Tube

Kanthal

Heating technology and heating resistance materials for the Industrial Heading, Industrial and Consumer segments, and ultra-fine wire and components in stainless steel and precious metals for the Medical segment.

Kanthal

Strip

Precision strip steel for products, primarily for the Consumer, Medical, Industrial and Transportation customer segments, as well as coated strip steel for the Hydrogen and Renewable Energy segment.

Strip
SEK M 2023 2022 2021 2020 2019
Revenues 20,669 18,405 13,847 13,925 15,654
Organic growth, % 8 13 -3 -9 4
Adjusted operating profit (EBIT) 2,141 1,681 1,055 1,205 1,513
Margin, % 10.4 9.1 7.6 8.7 9.7
Operating profit (EBIT) 2,046 2,122 1,379 492 1,444
Profit for the period 1,574 1,483 1,228 380 667
Earnings per share, adjusted for
metal price effects, SEK		 6.56 4.46 3.82 3.69 2.94
Free operating cash flow 1,688 505 1,046 1,483 1,250
Net working capital to revenues, % 34.3 32.8 31.2 30.4 26.1
Net debt/Equity ratio -0.02 0.00 0.11 0.17 0.54

80%

recycled steel in production

100

years with electric melting of steel

96%

fossil-free electricity in production