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BE Group AB ( (SE:BEGR) ) has shared an update.
BE Group AB reported a challenging second quarter of 2025, with net sales decreasing by 18% and a significant operating loss due to tough market conditions and restructuring costs. The company announced a new credit agreement with SEB and a secured rights issue to strengthen its financial position. Despite the current market difficulties, BE Group is focusing on improving efficiency and customer satisfaction, particularly in Finland, and is launching a new low carbon steel brand, BELOW, to enhance its market activity and sustainability efforts.
More about BE Group AB
BE Group AB, listed on the Nasdaq Stockholm exchange, is a leading independent steel distributor that stores and processes steel, stainless steel, and aluminium for customers primarily in the construction and manufacturing industries. The company offers production services for customized steel components to optimize customer production processes. With headquarters in Malmö, Sweden, BE Group operates mainly in Sweden and Finland, employing around 560 people and reported sales of SEK 4.7 billion in 2024.
Average Trading Volume: 4,341
Current Market Cap: SEK529.1M
Learn more about BEGR stock on TipRanks’ Stock Analysis page.