LKAB Reports 1.1 Billion Kronor Operating Profit for Q2 2025

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LKAB Reports 1.1 Billion Kronor Operating Profit for Q2 2025
Photo: Oscar Olsson/TT

Net sales for the second quarter landed at 7.8 billion kronor, which can be compared to last year's figure of 9.8 billion.

LKAB writes in a press release that the result for the second quarter has been affected by external factors. In particular, uncertainty surrounding American tariffs is mentioned, which have had a strong effect on the market and lower iron ore prices and a weakened American dollar.

"We are heavily affected by the market's development and external factors. What we have to work with and where our focus lies, is with what we ourselves can influence and improve - our delivery reliability and production stability", says Jan Moström, CEO and Group CEO of LKAB, according to the press release.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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