Beijer Ref stock holds steady on 2025 earnings strength

Beijer Ref stock is anchored by 2025 revenue of SEK 30.1 billion and EBITA of SEK 2.4 billion, with the refrigeration wholesaler also reporting net profit of SEK 1.4 billion for the year. The company is listed on Nasdaq Stockholm under the ticker BEIJ B, and its latest annual figures frame the shares as 21 July 2026 begins.

SEK 30.1 billion revenue

For fiscal 2025, Beijer Ref (ISIN SE0015949748) reported revenue of SEK 30.1 billion, up from SEK 28.4 billion in 2024. EBITA increased to SEK 2.4 billion from SEK 2.2 billion, showing a year-on-year rise of about 9.1% in operating profit before amortization.

Net profit reached SEK 1.4 billion in 2025, compared with SEK 1.3 billion a year earlier. The combination of higher sales and improved EBITA suggests that the group kept margins resilient even as the business remained tied to refrigeration distribution and related services.

Margin and profit growth

Beijer Ref reported an EBITA margin of 7.9% for 2025, compared with 7.8% in 2024. That 0.1 percentage point improvement is modest, but it matters because distribution businesses often compete on volume, product mix, and procurement discipline.

The company also said its organic growth for 2025 was 2%, while acquisitions contributed 4%. That split is useful for investors because it shows that growth still came from both the existing network and purchased businesses rather than from one source alone.

Stock and listing context

Beijer Ref stock is traded in Stockholm, where the company belongs to the industrial distribution segment. The latest reported annual numbers give the stock a clear reference point: SEK 30.1 billion in sales, SEK 2.4 billion in EBITA, and SEK 1.4 billion in net profit for 2025.

For a market that often rewards consistent execution rather than dramatic swings, those figures matter more than narrative. The 2025 margin of 7.9% and organic growth of 2% indicate a business still expanding, but at a measured pace.

Refrigeration network

Beijer Ref’s core business remains refrigeration, HVAC, and related components for commercial and industrial customers. That product mix helps explain why the company continues to emphasize distribution scale, supplier relations, and service breadth in its reporting.

Because the 2025 accounts show both acquisition-led and organic growth, the segment mix remains central to understanding future earnings quality. The business is less about one product cycle than about the reach of its network and the efficiency of its operating model.

Price and market value

Beijer Ref stock closed the latest trading session at a level that should be checked against the live market feed used by the trading venue, with the 2025 report still providing the clearest dated benchmark for the equity story. The company is still framed by SEK 30.1 billion in revenue, SEK 2.4 billion in EBITA, and an EBITA margin of 7.9% in fiscal 2025.