Annual report and sustainability report
Here you will find our annual reports with a comprehensive overview of our financial performance and strategic development. Gain valuable insights to understand our long-term progress and performance.
Annual Report 2025
In 2025, the Group continued to show stable development with the highest EBITA margin ever, record-high operating cash flow and continued good growth, despite strong headwinds from currency effects. The Group's sales and EBITA increased by 9 and 11 percent respectively for the full year, excluding currency effects and items affecting comparability. Overall, sales, the EBITA margin of 10.7 percent, excluding items affecting comparability, and operating cash flow of SEK 4,400 million were Beijer Ref’s highest ever for a full year. A total of seven acquisitions were integrated into the business during the year.
