Increased turnover but lower profit in state-owned companies

Leksand extended the winning streak beat AIK

Trade union newspaper Audience writes that net sales in the companies landed at SEK 476.2 billion last year.

SAS had the largest relative increase in sales, which increased its sales by 128 percent.

Vattenfall also reports increased turnover, mainly due to increased electricity prices at the European level. The company went from 180 to close to 240 billion, up 33 percent.

But Vattenfall’s profit decreased from SEK 48 billion in 2021 to a zero profit last year. According to the company, this is due to items affecting comparability and lower financial net income.

The value of the state’s listed shareholdings in Telia and SAS fell 26 percent last year to SEK 43.8 billion.

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