Billerud AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	39,212	40,488	43,453	41,224	42,590	26,206
Other Revenue	62	97	114	132	126	89
Revenue	39,274	40,585	43,567	41,356	42,716	26,295
Revenue Growth (YoY)	-11.42%	-6.84%	5.35%	-3.18%	62.45%	9.83%
Cost of Revenue	21,073	21,150	22,282	22,359	19,556	12,876
Gross Profit	18,201	19,435	21,285	18,997	23,160	13,419
Selling, General & Admin	15,090	15,462	16,533	15,608	15,325	9,600
Other Operating Expenses	-37	-37	-68	-151	-114	-87
Operating Expenses	17,878	18,293	19,325	18,237	17,691	11,425
Operating Income	323	1,142	1,960	760	5,469	1,994
Interest Expense	-211	-290	-399	-316	-121	-89
Interest & Investment Income	73	73	97	92	31	3
Earnings From Equity Investments	262	310	41	-194	-19	89
Currency Exchange Gain (Loss)	-37	-37	21	-54	339	-10
Other Non Operating Income (Expenses)	2	2	-16	-20	63	-11
EBT Excluding Unusual Items	412	1,200	1,704	268	5,762	1,976
Merger & Restructuring Charges	-350	-350	58	-106	-	-135
Gain (Loss) on Sale of Assets	26	26	84	25	-	-
Asset Writedown	14	14	9	-2	-	-
Other Unusual Items	-	-	389	-	-	-
Pretax Income	102	890	2,248	185	5,873	1,876
Income Tax Expense	25	179	501	-299	1,283	391
Earnings From Continuing Operations	77	711	1,747	484	4,590	1,485
Net Income to Company	77	711	1,747	484	4,590	1,485
Net Income	77	711	1,747	484	4,590	1,485
Net Income to Common	77	711	1,747	484	4,590	1,485
Net Income Growth	-95.84%	-59.30%	260.95%	-89.45%	209.09%	125.00%
Shares Outstanding (Basic)	249	249	249	248	228	207
Shares Outstanding (Diluted)	249	249	249	249	228	207
Shares Change (YoY)	0.11%	0.07%	0.01%	8.85%	10.27%	0.02%
EPS (Basic)	0.31	2.86	7.03	1.95	20.13	7.18
EPS (Diluted)	0.31	2.86	7.02	1.95	20.09	7.17
EPS Growth	-95.84%	-59.28%	260.41%	-90.31%	180.19%	124.76%
Free Cash Flow	343	649	641	113	3,499	2,366
Free Cash Flow Per Share	1.38	2.61	2.58	0.46	15.32	11.42
Dividend Per Share	2.000	2.000	3.500	2.000	5.500	4.300
Dividend Growth	-42.86%	-42.86%	75.00%	-63.64%	27.91%	-
Gross Margin	46.34%	47.89%	48.86%	45.93%	54.22%	51.03%
Operating Margin	0.82%	2.81%	4.50%	1.84%	12.80%	7.58%
Profit Margin	0.20%	1.75%	4.01%	1.17%	10.75%	5.65%
Free Cash Flow Margin	0.87%	1.60%	1.47%	0.27%	8.19%	9.00%
EBITDA	2,854	3,767	4,602	3,337	7,768	3,790
EBITDA Margin	7.27%	9.28%	10.56%	8.07%	18.19%	14.41%
D&A For EBITDA	2,531	2,625	2,642	2,577	2,299	1,796
EBIT	323	1,142	1,960	760	5,469	1,994
EBIT Margin	0.82%	2.81%	4.50%	1.84%	12.80%	7.58%
Effective Tax Rate	24.51%	20.11%	22.29%	-	21.85%	20.84%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.