The company's sales amounted to SEK 31.6 billion, just above market expectations of SEK 31.2 billion. At the same time, the company made an operating loss of SEK 1 billion. The market had expected a loss twice as large.
"The recently expanded U.S. import tariffs under Section 232, which took effect on April 6 and also include Mexico, increased cost pressures across the industry and impacted results in the second half of the quarter," the company wrote in the report.
The market outlook for the rest of 2026 is assessed as unchanged, with a “negative market outlook” for North America and a “neutral market outlook” for Europe.
