Presentation of the Q2/2022 report

Martin Lindqvist, President & CEO Leena Craelius, CFO

July 22, 2022

Agenda

►Q2/2022 in brief ►Financials ►Outlook and summary ►Q&A

2

Q2/2022 in brief

3

Q2/2022 - A record quarter

Combination of high realized prices and solid internal performance

  • Operating profit exceeded SEK 10bn
  • General cost level in line with 2019

10,395

4,083

1,630

1,316

-973

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

  • Improved safety performance (LTIF, r12m)

5.70

5.10

4.30

2.30

1.56

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

4

  • Special Steels reached record shipment (kton)

388 396

339 339

297

Q2/18 Q2/19 Q2/20 Q2/21 Q2/22

  • Strong balance sheet (net cash, SEK bn)

7.2

-6.5

-11.9

-11.8

-12.8

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

Record result for all divisions in Q2

EBIT, SEK million

EBIT

2,392

margin

27%

1,175

SSAB

522

528

469

Special

Steels

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

EBIT

margin

3,512

40%

888

1,084

SSAB

365

Americas

6

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

EBIT

212

margin

10%

162

95

86

59

Ruukki

Construction

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

4,070

907

1,512

66

-566

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

613

449

83 29 29

Q2/18

Q2/19

Q2/20

Q2/21

Q2/22

Excluding items affecting comparability

EBIT

margin

28%

SSAB

Europe

EBIT

margin

13%

Tibnor

5

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SSAB AB published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2022 05:43:06 UTC.