Business description: 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.

Number of employees: 14,618

Sales by Activity: SSAB AB

Fiscal Period: December20192020202120222023

SSAB Europe

31.73B 27.95B 42.31B 50.07B 46.23B

SSAB Special Steels

18.5B 16.14B 23.51B 33.67B 32.14B

SSAB Americas

17.46B 13.27B 20.68B 32.16B 29.78B

Ruukki Construction

6.51B 5.52B 6B 6.88B 5.81B

Tibnor

9.15B 8.24B 12.38B 16.62B 13.69B

Group Adjustments

-6.86B -5.72B -8.98B -10.66B -8.16B
See all business segments

Geographical breakdown of sales: SSAB AB

Fiscal Period: December20192020202120222023

Other Europe

1.2B 2.02B 2.96B 44.52B 42.7B

USA

21.3B 15.7B 23.54B 38.38B 37.08B

Sweden

11.52B 10.06B 15.26B 17.95B 15.63B

Rest of the World

5.87B 5.83B 7.89B 15.66B 14.3B

Finland

8.29B 6.69B 9.64B 12.24B 9.77B

Canada

1.96B 2.2B 3.65B - -

Russia

780M - - - -

Poland

- 3.09B 4.2B - -

Italy

- 1.94B 3.49B - -

Denmark

3.04B 3.12B 4.94B - -

Other EU-27

15.85B 7.9B 11.34B - -

Norway

2.71B 2.4B 3.23B - -

Great Britain

- 1.32B 1.89B - -

Germany

3.96B 3.12B 3.87B - -
See all geographic segments

Executive Committee: SSAB AB

Manager TitleAgeSince
Chief Executive Officer - 2024-10-27
Director of Finance/CFO 54 2021-10-31
Compliance Officer 56 2017-12-31
Chief Tech/Sci/R&D Officer 57 2004-12-31
Chief Tech/Sci/R&D Officer 62 2000-12-31
See SSAB AB governance

Composition of the Board of Directors: SSAB AB

Director TitleAgeSince
Director/Board Member 58 2014-09-10
Director/Board Member 63 2014-12-31
Director/Board Member 60 2010-12-31
Director/Board Member 55 2018-12-31
Chairman 71 2021-10-27
Director/Board Member 55 2021-10-27
Director/Board Member 63 2021-12-31
Director/Board Member 69 2021-12-31
Director/Board Member 60 2021-04-13
Composition of the Board of Directors

Shareholders: SSAB AB

NameEquities%Valuation
Government of Sweden
18.57 %
54,962,761 18.57 % 266 M kr
Government of Finland
8.936 %
26,448,015 8.936 % 128 M kr
Swedbank Robur Fonder AB
7.163 %
21,200,252 7.163 % 103 M kr
SSAB AB
2.776 %
8,216,940 2.776 % 40 M kr
Norges Bank Investment Management
2.003 %
5,928,362 2.003 % 29 M kr
NameEquities%Valuation
Government of Sweden
7.589 %
53,169,947 7.589 % 252 M kr
Government of Finland
5.47 %
38,326,425 5.47 % 182 M kr
SSAB AB
3.568 %
25,000,719 3.568 % 119 M kr
Norges Bank Investment Management
3.026 %
21,199,382 3.026 % 101 M kr
Länsförsäkringar Fondförvaltning AB
1.234 %
8,646,904 1.234 % 41 M kr
List of SSAB AB shareholders

Holdings: SSAB AB

NameEquities%Valuation
25,000,7193.57%118,726,414 $

Company details: SSAB AB

SSAB AB

Klarabergsviadukten 70, D6

101 21, Stockholm

+46 84 54 57 00

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

Group companies: SSAB AB

NameCategory and Sector
Steel
Wholesale Distributors
Steel
Steel
Financial Conglomerates
See all subsidiaries

Other Steel

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Change 5d. change 1-year change 3-years change Capi.($)
+0.38%+8.80%-25.59%+16.12% 5.86B
+3.45%+3.19%-23.20%+15.94% 32.35B
-0.24%+0.51%-5.75%+62.92% 23.4B
-0.57%+3.86%+8.12%+2.86% 22.94B
+2.38%+3.11%+12.75%+117.45% 20.68B
+0.11%+3.38%-5.51%+12.94% 19.31B
-0.60%+5.74%-43.78%-11.72% 13.05B
+9.23%+11.18%+212.72%+440.66% 9.41B
-0.42%-2.52%-16.80%+58.86% 8.66B
-0.29%-.--%-.--%-49.71% 7.52B
Average +1.35%+2.68%+11.29%+66.63% 16.32B
Weighted average by Cap. +1.35%+3.00%+3.64%+54.89%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
63.52SEK
Average target price
61.00SEK
Spread / Average Target
-3.97%
Consensus

Quarterly revenue - Rate of surprise