The business areas are responsible for their operations and manage business risks such as credit risks in relation to the Group's customers. They also take decisions regarding volumes and pricing with the aim of consistently generating a good return on invested capital.

Group Finance manages the Group’s funding and financial risks, based on a financial policy that is established by the Board and is characterised by a low level of risk. The purpose is to minimise the Group’s cost of capital through suitable financing as well as effective management and control of the Group’s financial risks.

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Operational risks

Financial risks

Sensitivity analysis



Debt/equity ratio

Net turnover (Msek)
16 055

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