Year-end Report 2024: All production plants in operation again after a challenging year
LKAB is ending 2024 with high deliveries and with all plants up and running again at the end of the quarter following extensive maintenance measures. Operating profit for the full year, which amounted to SEK 9 billion, was negatively impacted by lower iron ore prices, lower production and the long stoppage on the Iron Ore Line at the beginning of the year.Net sales for the full year amounted to MSEK 33,146 (42,923). The lower sales figure is mainly due to lower iron ore prices and lower deliveries as a result of the stoppage on the Iron Ore Line at the start of the year. Operating profit