Revenue by Segment

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

Millions SEK. Fiscal year is Jan - Dec.

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 '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Denmark	4.13B	4.41B	4.34B	3.70B	3.48B
Denmark Growth	-6.42%	1.50%	17.41%	6.20%	3.20%
Finland	1.45B	1.55B	1.59B	763.00M	113.00M
Finland Growth	-6.77%	-2.33%	108.13%	575.22%	-
Poland/The Baltics	5.15B	4.49B	3.69B	2.86B	2.16B
Poland/The Baltics Growth	14.87%	21.66%	29.00%	32.18%	7.40%
Sweden/Norway	6.52B	7.05B	6.90B	6.32B	6.02B
Sweden/Norway Growth	-7.44%	2.18%	9.12%	4.95%	-
Sørensen Og Balchen (Norway)	1.04B	1.05B	970.00M	917.00M	915.00M
Sørensen Og Balchen (Norway) Growth	-0.29%	7.94%	5.78%	0.22%	9.84%
Eliminations and Central Functions	-278.00M	-	-	-	-
Central Functions	-	60.00M	65.00M	170.00M	166.00M
Central Functions Growth	-	-7.69%	-61.76%	2.41%	44.35%
Unallocated Other Items	-	-50.00M	-273.00M	-337.00M	-310.00M
Total	18.01B	18.55B	17.28B	14.39B	12.55B
Total Growth	-2.89%	7.36%	20.05%	14.65%	6.72%

Revenue by Geography

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Denmark	4.36B	4.27B	3.69B	3.48B
Denmark Growth	2.06%	15.67%	6.01%	3.29%
Finland	1.49B	1.46B	728.00M	111.00M
Finland Growth	1.98%	100.82%	555.86%	21.98%
Estonia	495.00M	467.00M	231.00M	-
Estonia Growth	6.00%	102.16%	-	-
Latvia	175.00M	155.00M	60.00M	-
Latvia Growth	12.90%	158.33%	-	-
Lithuania	104.00M	91.00M	36.00M	-
Lithuania Growth	14.29%	152.78%	-	-
Norway	3.51B	3.41B	3.19B	3.06B
Norway Growth	2.93%	7.00%	4.26%	8.53%
Other	11.00M	8.00M	5.00M	7.00M
Other Growth	37.50%	60.00%	-28.57%	600.00%
Poland	3.57B	2.81B	2.42B	2.09B
Poland Growth	27.13%	16.03%	15.78%	5.18%
Sweden	4.34B	4.10B	3.71B	3.56B
Sweden Growth	5.89%	10.32%	4.15%	9.76%
Total	18.05B	16.76B	14.07B	12.31B
Total Growth	7.66%	19.16%	14.29%	6.92%

Source: S&P Global Market Intelligence.