Year-end Report 2025: Lower earnings in the quarter, despite stable underlying operations
LKAB ends the year with stable production and delivery volumes. Profit for the full year has been weighed down by a significantly weakened US dollar and a substantial increase in costs associated with the urban transformation in Kiruna.For the fourth quarter, net sales amounted to MSEK 8,305 (9,451), with the decrease largely due to a weakened US dollar (USD). Operating profit for the quarter was MSEK 986 (2,619). Net sales for full-year 2025 amounted to MSEK 33,325 (33,146). During the year LKAB has reported increased production and delivery volumes compared with the previous year,