The third quarter
- Revenue was
SEK 29,339 (31,516) million - Operating result was
SEK 4,371 (6,594) million - Earnings per share were
SEK 3.40 (4.93) - Net cash was
SEK 16.8 (8.7) billion - Investments in the transformation to fossil-free steel continue
Comments by the CEO
SSAB's operating result for the third quarter of 2023 amounted to
SSAB Special Steels had an operating result* of
SSAB Americas' operating result was
Safety performance continued to improve and Lost Time Injury Frequency (LTIF) decreased to 0.94 (1.15) in the third quarter.
Demand in
The transformation to remove carbon dioxide emissions, lower costs and strengthen the product portfolio continues. SSAB can contribute to the sustainable development of society and dramatically reduce the carbon footprint in the industrial value chain. The transformation requires several permits. In October, the Land and Environment Court approved the decision previously taken by The Swedish Energy Markets Inspectorate of two new 130 kV cables to SSAB in Oxelösund. The decision can be appealed to the
*) Adjusted operating result is applied for comparative information, no items affecting comparability were reported in the third quarter of 2023.
SSAB invites you to a presentation of the Q3 report of 2023 at
The report will be presented by SSAB's President and CEO
The press conference will be held in English and live webcast on SSAB's website www.ssab.com.
Link to webcast: https://edge.media-server.com/mmc/p/vp3ssyjn
You can also participate in the briefing by telephone. Click on the link below and complete the online registration form. You can chose if you want to dial in or click "Call Me" for a call-back.
Link to teleconference: https://register.vevent.com/register/BI90574e8ab7fd4ff091f2bdd11050b486
For further information, please contact:
Per Hillström, Head of Investor Relations, per.hillstrom@ssab.com, phone: +46 702 95 29 12
viktoria.karsberg@ssab.com, phone: +46 72 233 5288
This information is inside information that
SSAB is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in
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