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Annual and Sustainability Report 2025

A significantly better year

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

Operations have continued to develop positively during the year and have now returned to a more normal level in terms of earning capacity and results. Market conditions in the fuel market have been more stable than in recent years. Fuel prices have gradually returned to normal, although cost levels remain slightly higher than before the increases in fuel prices.

Operational delivery capacity has been good during the year. Thanks to optimisation, our flexible production system has enabled us to adapt effectively to prevailing market conditions. This, combined with the high level of availability at our production facilities, has contributed to stronger results.

Overall, this year’s results are demonstrating a clear step towards a return to more stable and sustainable earnings growth in the long term.

8,489

Net sales (MSEK)

(8,381)

8,240

Sales (GWh)*

(8,714) 
* of which 7,241 GWh (7,849) was heat

1,326

Operating profit (MSEK)

(910)

681

Profit after tax (MSEK)

(359)

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