- Operating profit for 2025 amounted to SEK 3 270 million (2024: 3 721), which corresponds to an operating margin of 15 per cent (16). The decrease in earnings is due to a weak result in Wood Products and lower electricity prices in northern Sweden.
- Profit for the fourth quarter totalled SEK 739 million (Q3: 737) and was negatively affected by an inventory impairment loss of SEK 160 million. Operating profit in the third quarter was reduced by SEK 150 million by a maintenance shutdown.
- Profit after tax in 2025 amounted to SEK 2 879 million (2 861), which corresponds to earnings per share of SEK 18.5 (18.0).
- The book value of the Group’s forest assets, calculated based on transactions in forest properties, amounted to SEK 56 711 million at the end of December, which is 2 per cent lower than at the beginning of the year.
- In 2025, own shares were bought back for SEK 1 649 million, equal to 2.65 per cent of the total number of shares.
- The Board of Directors proposes that the ordinary dividend increases from SEK 9 to SEK 9.5 per share.
Relatively good operating profit given market conditions
The year began with optimism about the economic development, which turned into uncertainty due to the introduction of tariffs and geopolitical unrest, slowing down consumption and construction. The operating profit for the year, of SEK 3 270 million, is relatively good given market conditions.
