Business Segments Lundberg B

Equities

Market Closed - Nasdaq Stockholm Other stock markets 09:30:00 10/04/2026 pm IST			5-day change	1st Jan Change
554.50 ^SEK	+1.00%		+4.33%	+8.41%

16/03	Lundbergs Board Nominated for Re-election	FW
26/02	Fredrik Lundberg Very Satisfied with Industrivärden Investment - Di	FW

Breakdown by Business Segment (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Printing And Writing Paper
Holmen	1.95TCr	2.4TCr	2.28TCr	2.28TCr	2.21TCr
Total Assets	6.81TCr	8.14TCr	12TCr	8.15TCr	7.92TCr
CAPEX	-173.9Cr	-140.1Cr	-170.6Cr	-211.5Cr	-215.6Cr
D&A	126.1Cr	134.5Cr	136Cr	138.8Cr	146.4Cr
Operating Income	373.1Cr	752.7Cr	475.5Cr	372.1Cr	327Cr
Investment Funds
Lundbergs Equity Management	708.4Cr	76Cr	110Cr	484Cr	988.1Cr
Total Assets	5.52TCr	5.07TCr	2.35TCr	6.55TCr	3.06TCr
CAPEX	-	-10L	-10L	-30L	-
Operating Income	691.6Cr	-111Cr	721.2Cr	465.9Cr	980.1Cr
Real Estate Operators And Lessors
Hufvudstaden	248.8Cr	274.6Cr	296.2Cr	317.9Cr	329.2Cr
Total Assets	5.11TCr	5.12TCr	4.84TCr	4.89TCr	5.02TCr
CAPEX	-59Cr	-101.8Cr	-130.2Cr	-99Cr	-117.9Cr
D&A	3.6Cr	4Cr	5.1Cr	6.2Cr	6.1Cr
Operating Income	386.5Cr	108.9Cr	-225.7Cr	88Cr	140Cr
Lundbergs Real Estate Operations	159.4Cr	173.6Cr	180.8Cr	191.7Cr	191.9Cr
Total Assets	2.81TCr	2.84TCr	2.79TCr	2.85TCr	2.93TCr
CAPEX	-75Cr	-77Cr	-52Cr	-55Cr	-34Cr
D&A	60L	60L	50L	40L	30L
Operating Income	296.6Cr	56Cr	2.9Cr	111.1Cr	164.9Cr
Operating Income	-3.3Cr	-3.4Cr	-	-4.1Cr	-4.2Cr

Geographical breakdown of sales (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Sweden	1.07TCr	1.14TCr	1.15TCr	1.2TCr	1.22TCr
Total Assets	13TCr	14TCr	14TCr	14TCr	14TCr
Rest of Europe	438.3Cr	608.4Cr	577.6Cr	591.8Cr	597.6Cr
Germany	196.3Cr	250.2Cr	249.5Cr	247.5Cr	255.4Cr
Great Britain	230.4Cr	247.4Cr	256.5Cr	254Cr	225.4Cr
Total Assets	132.9Cr	135.8Cr	143.7Cr	149.9Cr	118Cr
Elsewhere in The World	135.1Cr	173.9Cr	161.2Cr	194.4Cr	192.4Cr
Total Assets	40L	40L	40L	40L	30L
Asia	215Cr	220.2Cr	213Cr	198.6Cr	171.5Cr
Italy	91Cr	132.8Cr	117.4Cr	127.1Cr	109.4Cr
France	107.4Cr	148.6Cr	140.6Cr	120.1Cr	109.1Cr
Scandinavia	-	-	-	-	-
Poland	-	-	-	-	-
The Netherlands	-	-	-	-	-
Spain	-	-	-	-	-