Year-end report January 1 2025 –December 31 2025 for the Be-Ge Group.
Be-Ge Group reports stable results for 2025 despite challenging market conditions
Despite challenging conditions, the Be-Ge Group delivers a result largely in line with the previous financial year.
- The group's revenue amounted to SEK 1, 437 million compared to SEK 1,395 million for the 2024 financial year, an increase of SEK 42 million.
- Profit after financial items amounted to SEK 112 million, a decrease of SEK 3 million compared to the previous year. The decrease is entirely explained by currency effects, where the stronger Swedish krona had a negative impact on earnings. The result level for Be-Ge Seating Division and Be-Ge Vehicle Division is in line with expectations, while Be-Ge Component Division has a somewhat weaker year compared to 2024.
- The Group had 579 empolyees, of which 178 are employed in the Group's companies abroad.
- Investments in operations during the year amounted to SEK 66 million (previous year: SEK 50 million)
At the beginning of the financial year, the assessment was that both declining interest rates and inflation would contribute to improved economic conditions in the secound half of 2025. However, the introduction of trade tariffs together with the ongoing was in Ukraine and unrest in the Middle East have resulted in uncertainty that has negatively affected economic development. This has impacted all customer segments in which the Group's companies operate.
Sales of passenger cars, primarily to the private market, have therefore remained at lower levels than normal throughout 2025. Lead times for new trucks improved somewhat during the year, but the number of delivered trucks remains below normal levels. The service market had a better year, and at the beginning of 2026 the truck workshop in Oskarshamn received the positive news that it was named the best workshop amoung Scania dealers.
Demand from customers in the Component Division did not increase as expected during 2025 due to the lack of economic recovery. Lower production volumes meant that the division's results did not reach the level of the previous year. At the beginning of 2026, however, an increase in demand can be observed.
The passenger seat business within the Group's Seating Division had a very strong year and delivered record results. Sales of driver seat developed differently across customer segments, with strong demand within rail and bus. During the year, sales of driver seats to the North American market were initiated, creating opportunities for additional volumes. Overall, the Seating Division delivered a highly satisfactory result for the year.
The CEO of Be-Ge Företagen AB Håkan Hjalmarsson comments:
"Financial year 2025 has been eventful and has involved challening conditions for our operations. Despite the uncernity and concerns that have characterized the external environment, the Group, together with its skilled empolyees, has delivered results largely in line with the previous year.
The beginning of 2026 has started well for Be-Ge's various business areas, and order intake has strengthened. The development for the remainder of the financial year remains uncertain and is influenced by geopolitical developments, where ongoing conflicts impact energy prices, which in turn may lead to increased inflation.
One of the Be-Ge Group's core values is long-term perspective, and during 2025, despite the uncertain external environment, decisions were made regarding the largest investments in Be-Ge history. Within the Vehicle Division, construction of a new truck facility is underway and is expected to be completed in early 2027. The positive development within seat manufacturing has also created a need for additional production and personnel space in both Denmark and Sweden.
With confidence in the future and together with our employees, we look forward to another successful year for Be-Ge."