Balance sheet for the Group in summary, IFRS
Total assets on June 30, 2026 were SEK 47,290 million (46,706). Equity amounted to SEK 15,967 million (15,316), which generated an equity/assets ratio of 33.8 percent (32.8). The Annual General Meeting on April 29, 2026 resolved to distribute a dividend of SEK 3.30 per share to shareholders, divided into two payments. During the second quarter a dividend of SEK 506 million (431) has been distributed and in the fourth quarter a dividend of SEK 419 (357) million are expected to distributed. During the first half-year 2026 repurchases of own shares were made in the amount of SEK 239 million (–).
| MSEK | Jun 30 2026 | Jun 30 2025 | Dec 31 2025 | |
| Mkr | 30 jun 2026 | 30 jun 2025 | 31 dec 2025 | |
| Assets | Tillgångar | |||
| Intangible assets | Immateriella anläggningstillgångar | 3,473 | 3,622 | 3,509 |
| Tangible assets | Materiella anläggningstillgångar | 7,352 | 7,493 | 7,377 |
| Investment property | Förvaltningsfastigheter | 55 | 59 | 59 |
| Interest-bearing long-term receivables | Räntebärande långfristiga fordringar | 472 | 539 | 503 |
| Other long-term receivables | Övriga långfristiga fordringar | 1,625 | 1,618 | 1,573 |
| Deferred tax recoverables | Uppskjutna skattefordringar | 56 | 45 | 49 |
| Total fixed assets | Summa anläggningstillgångar | 13,033 | 13,376 | 13,070 |
| Project and development properties | Projekt- och exploateringsfastigheter | 17,999 | 18,653 | 17,451 |
| Inventories | Varulager | 1,894 | 2,073 | 1,520 |
| Interest-bearing current receivables | Räntebärande kortfristiga fordringar | 82 | 1,015 | 20 |
| Other current receivables | Övriga kortfristiga fordringar | 12,060 | 11,136 | 9,337 |
| Liquid funds | Likvida medel | 2,222 | 453 | 3,145 |
| Total current assets | Summa omsättningstillgångar | 34,257 | 33,330 | 31,473 |
| Total assets | Summa tillgångar | 47,290 | 46,706 | 44,543 |
| Equity | Eget kapital | |||
| Equity attributable to shareholders in parent company | Eget kapital hänförligt till moderbolagets ägare | 15,943 | 15,291 | 16,455 |
| Non-controlling interests | Innehav utan bestämmande inflytande | 24 | 25 | 24 |
| Total equity | Summa eget kapital | 15,967 | 15,316 | 16,479 |
| Liabilities | Skulder | |||
| Interest-bearing long-term liabilities | Räntebärande långfristiga skulder | 6,771 | 7,485 | 5,853 |
| Interest-bearing long-term liabilities, project financing | Räntebärande långfristiga skulder, projektfinansiering | 2 | 11 | 5 |
| Deferred tax liabilities | Uppskjutna skatteskulder | 436 | 531 | 394 |
| Other long-term liabilities | Övriga långfristiga skulder | 1,671 | 1,652 | 1,660 |
| Total long-term liabilities | Summa långfristiga skulder | 8,880 | 9,679 | 7,912 |
| Interest-bearing current liabilities | Räntebärande kortfristiga skulder | 4,170 | 3,543 | 3,419 |
| Interest-bearing current liabilities, project financing | Räntebärande kortfristiga skulder, projektfinansiering | 3,003 | 2,289 | 2,360 |
| Other current liabilities | Övriga kortfristiga skulder | 15,270 | 15,879 | 14,373 |
| Total current liabilities | Summa kortfristiga skulder | 22,443 | 21,711 | 20,152 |
| Total liabilities | Summa skulder | 31,323 | 31,390 | 28,064 |
| Total equity and liabilities | Summa eget kapital och skulder | 47,290 | 46,706 | 44,543 |
| Key ratios, IFRS | Nyckeltal, IFRS | |||
| Capital employed | Sysselsatt kapital | 29,913 | 28,644 | 28,116 |
| Equity/assets ratio, % | Soliditet, % | 33.8 | 32.8 | 37.0 |
| Net debt | Nettoskuld | 11,170 | 11,321 | 7,969 |
| Equity per share, SEK | Eget kapital per aktie, kr | 57.05 | 53.19 | 58.34 |
| Number of outstanding shares at the end of the period, million | Utestående aktier vid periodens utgång, miljoner | 279.5 | 287.5 | 282.1 |
Summary of changes in Group equity, IFRS
| MSEK | Jun 30 2026 | Jun 30 2025 | Dec 31 2025 | |
| Mkr | 30 jun 2026 | 30 jun 2025 | 31 dec 2025 | |
| Equity attributable to shareholders in parent company | Eget kapital hänförligt till moderbolagets ägare | |||
| Opening equity on January 1 | Ingående eget kapital den 1 januari | 16,455 | 16,482 | 16,482 |
| Profit for the period | Periodens resultat | 416 | -301 | 1,357 |
| Other comprehensive income for the period | Periodens övrigt totalresultat | 205 | -130 | -240 |
| Total comprehensive income for the period | Periodens totalresultat | 621 | -431 | 1,117 |
| Cash flow hedge transferred to cost of inventory | Kassaflödessäkring, överfört till anskaffningsvärde för varulager | -34 | -1 | 4 |
| Tax on cash flow hedge | Skatt på kassaflödessäkring | 7 | 0 | -1 |
| Contribution from, and value transferred to, owners | Tillskott från och värdeöverföringar till ägare | |||
| Share-based payments settled with equity instruments | Aktierelaterade ersättningar som regleras med eget kapital instrument | 58 | 31 | 56 |
| Repurchase of own shares | Återköp av aktier | -239 | – | -415 |
| Cash dividend | Utdelning kontant | -925 | -790 | -788 |
| Total contribution from, and value transferred to, owners | Summa tillskott från och värdeförändringar till ägare | -1,106 | -759 | -1,147 |
| Closing equity | Utgående eget kapital | 15,943 | 15,291 | 16,455 |
| Non-controlling interests | Innehav utan bestämmande inflytande | |||
| Opening equity on January 1 | Ingående eget kapital den 1 januari | 24 | 22 | 22 |
| Comprehensive income for the period | Periodens totalresultat | -2 | 6 | 6 |
| Contribution from, and value transferred to, owners | Tillskott från och värdeöverföringar till ägare | |||
| Cash dividend | Utdelning kontant | -1 | -3 | -4 |
| New issue non-controlling interests | Nyemission innehav utan bestämmande inflytande | 3 | – | – |
| Total contribution from, and value transferred to, owners | Summa tillskott från och värdeförändringar till ägare | 2 | -3 | -4 |
| Closing equity | Utgående eget kapital | 24 | 25 | 24 |
| Total closing equity | Totalt utgående eget kapital | 15,967 | 15,316 | 16,479 |