Company SSAB AB London S.E.

Equities

0MHZ

SE0000120669

Iron & Steel

Market Closed - London S.E. 11:25:00 2024-06-06 EDT 5-day change 1st Jan Change
58.55 SEK 0.00% Intraday chart for SSAB AB -4.19% -24.31%

Business Summary

SSAB AB specializes in manufacturing and distribution of specialty steel. Net sales break down by activity as follows:

- steel processing (78.6%): processing of steel and aluminum sheets for industry or construction (the group is the leading manufacturer of steel sheets in Scandinavia), production of laminated steel, metal plate and hardened steel used mainly in equipment for the construction and mining industries (world's leading manufacturer) and manufacture of safety components for the automotive industry;

- trading of steel products (12.8%): metals, building products, tools, machinery, etc. Tibnor is Sweden's leading steel trading company;

- sale of construction materials (5.3%; Ruukki Construction);

- other (3.3%).

Net sales are distributed geographically as follows: Sweden (13.9%), Finland (9.5%), Europe (34.6%), the United States (29.8%) and other (12.2%).

Number of employees: 14,496

Sales per Business

SEK in Million2022Weight2023Weight Delta
SSAB Europe
32.9 %
41,219 32.0 % 39,300 32.9 % -4.66%
SSAB Special Steels
26.3 %
32,302 25.1 % 31,443 26.3 % -2.66%
SSAB Americas
24.6 %
31,908 24.8 % 29,389 24.6 % -7.89%
Tibnor
11.3 %
16,448 12.8 % 13,557 11.3 % -17.58%
Ruukki Construction
4.9 %
6,867 5.3 % 5,799 4.9 % -15.55%

Sales per region

SEK in Million2022Weight2023Weight Delta
Other Europe
35.7 %
44,518 34.6 % 42,698 35.7 % -4.09%
United States
31.0 %
38,381 29.8 % 37,080 31.0 % -3.39%
Sweden
13.1 %
17,949 13.9 % 15,634 13.1 % -12.90%
Rest of the World
12.0 %
15,655 12.2 % 14,304 12.0 % -8.63%
Finland
8.2 %
12,242 9.5 % 9,773 8.2 % -20.17%

Managers

Managers TitleAgeSince
Director of Finance/CFO 53 21-10-31
Compliance Officer 55 17-12-31
Chief Tech/Sci/R&D Officer 56 04-12-31
Chief Tech/Sci/R&D Officer 61 00-12-31
Investor Relations Contact - 16-10-31
Public Communications Contact 54 12-12-31
Corporate Officer/Principal 63 13-04-30
Corporate Officer/Principal 51 10-12-31
Corporate Officer/Principal 62 86-12-31
Corporate Officer/Principal 65 89-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 21-12-31
Chairman 70 20-12-31
Director/Board Member 57 14-09-10
Director/Board Member 68 21-12-31
Director/Board Member 55 21-10-27
Director/Board Member 54 18-12-31
Director/Board Member 62 14-12-31
Director/Board Member 59 10-12-31
Director/Board Member 59 21-04-13
63 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 725,652,056 584,154,246 ( 80.50 %) 25,000,719 ( 3.445 %) 77.56 %
Stock B 1 304,183,270 214,555,554 ( 70.53 %) 8,216,940 ( 2.701 %)

Shareholders

NameEquities%Valuation
Government of Sweden
7.327 %
53,169,947 7.327 % 302 M kr
Government of Finland
5.282 %
38,326,425 5.282 % 218 M kr
SSAB AB
3.445 %
25,000,719 3.445 % 142 M kr
Norges Bank Investment Management
3.264 %
23,682,471 3.264 % 134 M kr
Länsförsäkringar Fondförvaltning AB
0.8708 %
6,319,286 0.8708 % 36 M kr
Nordea Investment Management AB
0.7536 %
5,468,808 0.7536 % 31 M kr
Storebrand Asset Management AS
0.6314 %
4,581,559 0.6314 % 26 M kr
Indecap Fonder AB
0.4149 %
3,010,387 0.4149 % 17 M kr
Evli Fund Management Co. Ltd.
0.3817 %
2,770,085 0.3817 % 16 M kr
Allianz Global Investors GmbH
0.2522 %
1,830,015 0.2522 % 10 M kr
NameEquities%Valuation
Government of Sweden
13.56 %
54,962,761 13.56 % 313 M kr
Government of Finland
6.523 %
26,448,015 6.523 % 151 M kr
Swedbank Robur Fonder AB
5.229 %
21,200,252 5.229 % 121 M kr
SSAB AB
2.027 %
8,216,940 2.027 % 47 M kr
Allianz Global Investors GmbH
1.898 %
7,696,252 1.898 % 44 M kr
Norges Bank Investment Management
1.776 %
7,199,158 1.776 % 41 M kr
Ninety One UK Ltd.
1.420 %
5,757,833 1.420 % 33 M kr
Lightman Investment Management Ltd.
1.159 %
4,700,000 1.159 % 27 M kr
APG Asset Management NV
0.9100 %
3,689,332 0.9100 % 21 M kr
S.W. Mitchell Capital LLP
0.8960 %
3,632,659 0.8960 % 21 M kr

Holdings

NameEquities%Valuation
25,000,719 3.45% 141,905,831 $

Company contact information

SSAB AB

Klarabergsviadukten 70, D6

101 21, Stockholm

+46 84 54 57 00

http://www.ssab.com
address SSAB AB(0MHZ)

Group companies

NameCategory and Sector
Steel
Wholesale Distributors
Steel
Steel
Financial Conglomerates
Steel
Steel
Wholesale Distributors
Steel

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
59.1 SEK
Average target price
80.79 SEK
Spread / Average Target
+36.69%
Consensus