News -
Stena Metall’s annual reports for 2024/2025 now available – continued high investment levels
Although the market conditions continue to be challenging, Stena Metall Group performed well and can look back at a year with another historically high profit. The Group reported an EBITDA of SEK 2,878 million (SEK 2,946 million). The investment levels in the business remained high. In total, the Group invested SEK 1,383 million, compared to SEK 1,859 million the previous year.
“The Group’s focus on cost efficiency and local decision-making has allowed us to be prepared for market turbulence and changes in customer demand, while our continued high investment levels have positioned the businesses to meet the needs of the future”, says Kristofer Sundsgård, President and CEO of Stena Metall.
Within the recycling business, a new, five-year agreement has been signed with state-owned Swedish mining company LKAB. With this agreement Stena Recycling Sweden will recycle about 30,000 tonnes of their scrap iron, metals, and hazardous waste annually. In Denmark, Stena Recycling has signed four new customer agreements and tripled its revenue within the Danish pharma sector.
Stena Metall Finans had a strong year due to successful financial investments. The company also issued a SEK 1 billion five-year Green Bond with a dark green rating. The bond will be used to finance and refinance projects within Stena Recycling that contribute to strengthening the circular transition and sustainability agenda.
Stena Stål inaugurated a new production line in Västerås, Sweden. This major investment doubles the warehouse capacity and triples the production capacity.
“To continue to succeed we need to invest in the business. This enables us to evolve and stay ahead. Our owners, the Olsson family, strongly support this as a foundation for the company’s long-term development,” concludes Kristofer Sundsgård.