Garo Aktiebolag (publ) (STO:GARO)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
GARO Electrification	818.90M	1.10B	1.19B	1.31B	1.15B
GARO Electrification Growth	-25.25%	-8.13%	-8.79%	13.68%	-
Elimination	-	-461.10M	-566.60M	-570.10M	-520.30M
GARO E-Mobility	224.60M	517.60M	743.90M	652.90M	665.90M
GARO E-Mobility Growth	-56.61%	-30.42%	13.94%	-1.95%	-
Total	1.04B	1.15B	1.37B	1.39B	1.30B
Total Growth	-9.42%	-15.90%	-1.47%	7.29%	24.61%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Sweden	532.00M	616.10M	775.90M	840.30M	826.50M
Sweden Growth	-13.65%	-20.60%	-7.66%	1.67%	21.90%
Nordic Region Excl. Sweden	166.80M	-	-	-	-
Europe Excluding Nordic Region	344.80M	-	-	-	-
Other Countries	-	13.20M	43.00M	90.60M	76.70M
Other Countries Growth	-	-69.30%	-52.54%	18.12%	132.42%
Belgium	-	10.40M	-	-	-
Finland	-	51.10M	53.00M	58.50M	48.30M
Finland Growth	-	-3.58%	-9.40%	21.12%	55.31%
Denmark	-	300.00K	50.70M	5.00M	-
Denmark Growth	-	-99.41%	914.00%	-	-
Ireland	-	234.10M	221.60M	184.90M	131.50M
Ireland Growth	-	5.64%	19.85%	40.61%	15.35%
UK	-	68.40M	67.00M	69.90M	49.20M
UK Growth	-	2.09%	-4.15%	42.07%	347.27%
Norway	-	129.50M	141.90M	139.90M	162.70M
Norway Growth	-	-8.74%	1.43%	-14.01%	-6.17%
Poland	-	13.00M	16.80M	-	-
Poland Growth	-	-22.62%	-	-	-
Austria	-	15.90M	-	-	-
Unallocated	-	-	-	1.40M	900.00K
Unallocated Growth	-	-	-	55.56%	-
Total	1.04B	1.15B	1.37B	1.39B	1.30B
Total Growth	-9.41%	-15.91%	-1.48%	7.31%	24.62%

Source: S&P Global Market Intelligence.