Annual and Sustainability Report 2025

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January-December, MSEK	Note	2025	2024
Revenues	4	61 998	63 604
Cost of sales		-39 024	-40 658
Gross profit		22 974	22 946

Administrative expenses		-4 498	-4 531
Marketing expenses		-4 021	-4 250
Research and development expenses		-1 966	-2 282
Other operating income	7	262	628
Other operating expenses	7	-826	-106
Share of profit in associated companies	15	0	-20
Operating profit	4, 5, 6, 7, 17	11 925	12 385

Financial income	8, 9	476	470
Financial expenses	8, 9	-1 165	-1 416
Net financial items		-689	-946

Profit before tax		11 236	11 439

Income tax expense	10	-2 637	-2 683
Profit for the year		8 599	8 756

Profit attributable to:
– owners of the parent		8 602	8 731
– non-controlling interests		-3	25

Basic earnings per share, SEK	12	7.12	7.23
Diluted earnings per share, SEK	12	7.11	7.23

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