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Annual and Sustainability Report 2024

Profit up again in 2024

Stockholm Exergi CFO Åse Lagerqvist von Uthmann comments on the year’s results.

Compared with many of our peers, Stockholm Exergi has remained relatively steady during this energy crisis. This is due mainly to our large group of flexible plants, where fuel types can be varied and the plants optimized based on needs and market parameters. The escalating fuel prices of recent years are trending downward, although prices are still higher than before. Because fuel is mostly purchased well in advance of the peak season, the impact of these price changes – both upwards and downwards – is somewhat delayed. Of course, earnings are impacted not only by the cost side, but also by revenue. And revenue is based on our sustained ability to attract new customers and retain current ones – simply put, on our ability to deliver a straightforward, secure, reliable product at an attractive price.

8 381

Net sales (MSEK)

(8 269)

8 714

Sales (GWh)*

(9 151)
* of which 7 849 GWh (8 137) was heat

910

Operating profit (MSEK)

(587)

359

Profit after tax (MSEK)

(123)

Operating profit, MSEK
Return on employed capital, %
CO2e emissions (district heating production) per heated property area