for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

SSAB AB

SSABa.ST

Latest Trade

28.84SEK

Change

-1.32(-4.38%)

Volume

11,436,566

Today's Range

28.07

 - 

29.92

52 Week Range

18.25

 - 

35.83

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
30.16
Open
29.92
Volume
11,436,566
3M AVG Volume
93.07
Today's High
29.92
Today's Low
28.07
52 Week High
35.83
52 Week Low
18.25
Shares Out (MIL)
1,029.84
Market Cap (MIL)
29,659.32
Forward P/E
--
Dividend (Yield %)
--

Next Event

Q4 2020 SSAB AB Earnings Release

Latest Developments

More

SSAB Q3 Operating Result Swings To Loss SEK 973 Million

SSAB Q2 EBITDA Falls To SEK 705 Million

SSAB Q1 Operating Profit Falls To SEK 343 Million

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About SSAB AB

SSAB AB is a Sweden-based company active within the steel industry. The Company is engaged in the development, manufacture and marketing of high strength steel products and solutions. It develops its products together with customers in order to create an offering comprised of solutions ranging from lightness and durability to strength, efficiency, sustainability and safety. Its offering includes such brands as SSAB Domex, Hardox, Docol, Greencoat, Armox and Toolox. The Company’s operations are structured into five divisions: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor and Rukki Construction. Tibnor and Ruukki Construction are operated as independent subsidiaries by their respective boards.

Industry

Iron & Steel

Contact Info

Klarabergsviadukten 70, D6, Box 70

101 21

Sweden

+46.8.4545700

https://www.ssab.com/

Executive Leadership

Bengt Kjell

Independent Chairman of the Board

Martin Lindqvist

Chief Executive Officer, President, Director

Matti Lievonen

Independent Vice Chairman of the Board

Hakan Folin

Executive Vice President, Chief Financial Officer

Martin Pei

Executive Vice President, Chief Technology Officer

Key Stats

2.56 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2017

66.1K

2018

74.9K

2019

76.5K

2020(E)

64.4K
EPS (SEK)

2017

2.230

2018

3.450

2019

1.240

2020(E)

-0.901
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.43
Price To Book (MRQ)
0.52
Price To Cash Flow (TTM)
11.35
Total Debt To Equity (MRQ)
31.59
LT Debt To Equity (MRQ)
20.76
Return on Investment (TTM)
-1.74
Return on Equity (TTM)
-1.34

Latest News

Latest News

Cevian sees SSAB as healthiest steel partner for Thyssenkrupp: sources

Activist fund Cevian, Thyssenkrupp's <TKAG.DE> No.2 shareholder, has identified Swedish steelmaker SSAB <SSABa.ST> as the financially strongest partner for a potential steel tie-up, two people familiar with the matter said.

Steelmaker SSAB sees steep shipment fall, to delay investments

Steelmaker SSAB <SSABa.ST> reported a steep fall in quarterly operating earnings on Monday and said it expected shipments at its Americas and Europe divisions to contract sharply in the current quarter versus the first three months of 2020.

BRIEF-SSAB Q1 Operating Profit Falls To SEK 343 Million

* REPORT FOR THE FIRST QUARTER 2020: RECOVERY, BUT OUTLOOK UNCERTAIN

Steelmaker SSAB to cut costs to weather coronavirus impact

Swedish steelmaker SSAB announced a raft of cost-cutting measures on Wednesday as it aimed to generate annual savings of more than 1 billion crowns ($100 million) to cushion the blow from the coronavirus pandemic.

Steelmaker SSAB pulls 2019 dividend as coronavirus uncertainty reigns

Sweden's SSAB said late on Sunday it was dropping its dividend for 2019 due to uncertainties over the impact of the coronavirus pandemic, a move that came less than a week after the steelmaker had halved its original payout proposal.

UPDATE 1-Steelmaker SSAB misses Q3 profit forecasts as weak Europe weighs

Swedish steelmaker SSAB's third quarter operating earnings came in below market forecasts on Wednesday, as it cited "exceptional" margin pressure in Europe and said it expects demand to slow further in the current quarter.

Steelmaker SSAB forecasts firm demand as Q3 profit lags

Swedish steelmaker SSAB on Friday reported quarterly core operating earnings just below markets expectations and said it expected continued solid demand in the fourth quarter. The company's third-quarter operating profit, adjusted for one-off costs, rose to 1.60 billion...

UPDATE 1-Steelmaker SSAB Q2 lags forecast, Americas weaker than expected

Swedish steelmaker SSAB missed second-quarter operating earnings expectations on Friday due to a smaller-than-expected boost from soaring U.S steel prices.

Steel maker SSAB plans possible small factory closure in Finland

Sweden-based steel maker SSAB is planning a possible closure of its steel tube factory in Lappohja, Finland, with 115 employees, the company said on Monday.

RPT-UPDATE 1-European production problems weigh on SSAB Q1 profit

Swedish steelmaker SSAB reported first-quarter operating earnings below market expectations on Friday due to production and transport capacity problems that it said were resolved by the end of the period.

BRIEF-Industrivärden divests shares in SSAB for SEK 3,073 mln

* REG-INDUSTRIVÄRDEN DIVESTS SHARES IN SSAB FOR SEK 3,073 MILLION

BRIEF-Industrivärden mulls selling SSAB shares in book building process

* INDUSTRIVARDEN AB Q1 MORGAN STANLEY AND CARNEGIE HAVE BEEN RETAINED TO EVALUATE POSSIBILITIES OF A DIVESTMENT OF UP TO INDUSTRIVÄRDEN'S ENTIRE HOLDING OF 54,633,318 CLASS B SHARES, AS WELL AS UP TO 19,000,000 OF INDUSTRIVÄRDEN'S CLASS A SHARES, IN SSAB TO SWEDISH AND INTERNATIONAL...

UPDATE 1-European production problems weigh on SSAB Q1 profit

Swedish steelmaker SSAB reported first-quarter operating earnings below market expectations on Friday due to production and transport capacity problems that it said were resolved by the end of the period.

Swedish steelmaker SSAB says it is studying impact of U.S. steel tariffs

Swedish steelmaker SSAB <SSABa.ST> said on Friday it expected a two-fold impact after U.S. President Donald Trump pressed ahead with a 25 percent tariff on steel imports.

Swedish steelmaker SSAB says it is studying impact of U.S. steel tariffs

Swedish steelmaker SSAB said on Friday it expected a two-fold impact after U.S. President Donald Trump pressed ahead with a 25 percent tariff on steel imports.

BRIEF-SSAB comments on impact of U.S. steel tariffs

* SAYS OUR AMERICAS DIVISION HAS A PRODUCTION CAPACITY OF 2.4 MILLION TONS OF STEEL AT OUR US MILLS IN IOWA AND ALABAMA. THESE VOLUMES ARE EXCLUDED FROM THE TARIFFS

BRIEF-Finland's Solidium Trims Stake In SSAB

* SOLIDIUM SAYS HAS TODAY, 1 FEBRUARY 2018, PLACED 37 MILLION B SHARES IN SSAB IN AN ACCELERATED BOOKBUILT OFFERING TO INTERNATIONAL AND NORDIC INSTITUTIONAL INVESTORS AT A PRICE OF SEK 40 PER SHARE, RESULTING IN GROSS PROCEEDS OF SEK 1.48 BILLION

Finland's Solidium to trim SSAB stake

Finnish government's investment arm Solidium said on Wednesday it would trim its stake in SSAB by launching an equity offering of about 3.6 percent of shares in the Swedish steelmaker.

UPDATE 1-SSAB Q4 profit lags forecast, proposes first dividend since 2012

Swedish steelmaker SSAB missed fourth-quarter operating profit forecasts on Friday, weighed down by weak results in North America, and proposed its first dividend since 2012.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up