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SSAB AB

SSABa.ST

Latest Trade

45.26SEK

Change

0.56(+1.25%)

Volume

2,580,528

Today's Range

44.80

 - 

46.15

52 Week Range

25.16

 - 

53.42

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

Pricing

Previous Close
44.70
Open
44.86
Volume
2,580,528
3M AVG Volume
61.09
Today's High
46.15
Today's Low
44.80
52 Week High
53.42
52 Week Low
25.16
Shares Out (MIL)
1,029.84
Market Cap (MIL)
41,846.63
Forward P/E
4.14
Dividend (Yield %)
--

Next Event

Q3 2021 SSAB AB Earnings Release

Latest Developments

More

SSAB Appoints Leena Craelius As Acting CFO

Peab And SSAB Enter Into Partnership Concerning Fossil Free Steel

SSAB To Convene Extraordinary General Meeting Due To Resignation Of Board Chairman

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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

Hakan Folin

Executive Vice President, Chief Financial Officer

Martin Pei

Executive Vice President, Chief Technology Officer

Maria Langberg

Executive Vice President, Head of People, Culture and Communication

Key Stats

2.00 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2018

74.9K

2019

76.5K

2020

65.4K

2021(E)

92.9K
EPS (SEK)

2018

3.450

2019

1.240

2020

-0.500

2021(E)

10.798
Price To Earnings (TTM)
10.64
Price To Sales (TTM)
0.56
Price To Book (MRQ)
0.76
Price To Cash Flow (TTM)
5.35
Total Debt To Equity (MRQ)
25.07
LT Debt To Equity (MRQ)
18.83
Return on Investment (TTM)
5.90
Return on Equity (TTM)
4.50

Latest News

Latest News

Volvo Group says launches world's first fossil-free steel vehicle

Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world's first vehicles made of fossil-free steel.

Finnish government takes direct control of state holding in steel firm SSAB

The Finnish government on Tuesday said it would take over direct control of shares in Swedish steelmaker SSAB from Solidium, the state investment firm.

Mercedes-Benz teams up with SSAB to explore fossil fuel-free steel for cars

Swedish steelmaker SSAB said on Wednesday it had partnered with Daimler's Mercedes-Benz to introduce fossil fuel-free steel into vehicle production, with prototype parts for body shells planned for next year.

Sweden's HYBRIT delivers world's first fossil-free steel

Swedish green steel venture HYBRIT said on Wednesday that it had made the world's first customer delivery of steel produced without using coal as it looks to revolutionize an industry that accounts for around 8% of global greenhouse gas emissions.

Volvo Cars to test fossil-free steel from SSAB's HYBRIT venture

Swedish steelmaker SSAB said on Wednesday it had agreed with Volvo Cars to jointly explore the development offossil-free steel for use in the automotive industry.

UPDATE 2-Steelmaker SSAB upbeat on demand and prices after Q1 profit beat

SSAB posted a forecast-beating first-quarter profit on Monday, boosted by strong demand and higher prices, lifting shares in the Swedish steelmaker.

Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutrality

Swedish truck maker AB Volvo and steel maker SSAB have signed an agreement to produce the world's firstvehicles made of fossil-free steel, the companies said on Thursday.

SSAB eyes Tata Steel's Dutch assets as European consolidation picks up

Swedish steelmaker SSAB <SSABa.ST> is in talks with Tata Steel <TISC.NS> about potentially buying the Indian group's Dutch steel mill in IJmuiden and related assets, it said on Friday.

Cost savings in Thyssenkrupp-SSAB deal could surpass $590 mln-sources

Germany's Thyssenkrupp <TKAG.DE> and Sweden's SSAB <SSABa.ST> could reap more than 500 million euros ($593 million) in annual cost savings if they agree on a steel tie-up, three people close to the negotiations said.

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...

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

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