View ValuationSSAB 향후 성장Future 기준 점검 1/6SSAB (는) 각각 연간 12.4% 및 4.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.7% 로 예상됩니다.핵심 정보12.4%이익 성장률11.56%EPS 성장률Metals and Mining 이익 성장19.3%매출 성장률4.1%향후 자기자본이익률10.67%애널리스트 커버리지Good마지막 업데이트05 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 04High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Magnus Groth was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • May 01+ 1 more updateSSAB Approves Dividend, Payable on May 6, 2026SSAB at its annual general meeting held on April 28, 2026, resolved on a dividend of SEK 2.00 per share, with April 30, 2026 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB May 6, 2026.Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: kr1.61 (vs kr1.13 in 1Q 2025)First quarter 2026 results: EPS: kr1.61 (up from kr1.13 in 1Q 2025). Revenue: kr25.3b (flat on 1Q 2025). Net income: kr1.60b (up 42% from 1Q 2025). Profit margin: 6.3% (up from 4.4% in 1Q 2025). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공지 • Apr 23SSAB AB (publ) Receives EUR 20 Million Funding from Business Finland for Sustainable World Through Steels Research and Development ProgramSSAB AB (publ) has been selected as one of Business Finland's new leading companies in the challenge competition launched in spring 2025. Business Finland, a Finnish public innovation funding organization, has granted SSAB EUR 20 million in funding for a new Sustainable World through Steels research and development program, aimed at the transition to fossil-free steel production and the development of low-carbon products in collaboration with customers. With funding from Business Finland, SSAB will initiate a five-year research and development program titled Sustainable World through Steels. Business Finland announced the new leading companies. The objective of SSAB's program is to create an ecosystem comprising more than 200 partners, including research institutes and universities, digitalization partners, other steel producers, technology developers, and customer companies. In addition to the funding received by SSAB, several project packages related to the lead project ecosystem are currently in preparation. Overall, the estimated total cost of SSAB's lead project is EUR 50 million. SSAB will further strengthen the research ecosystem by significantly expanding international research and collaboration through EU funding. The ecosystem is expected to generate new business and increase export industry activity. The themes of the new program are: 1) Solutions for fossil-free electric steelmaking 2) Optimization and development of a sustainable fossil-free supply chain through digitalization 3) Low-emission steel applications and value chains at large scale 4) Circular utilization of steel mill side streams and materials. Through its challenge competitions, Business Finland seeks to fund research and development projects by companies operating globally or aiming for global operations, where the companies address major future challenges and make a significant contribution to Finland's competitiveness. Leading companies are required to substantially increase their R&D activities in Finland and to build ecosystems aimed at creating new business. In addition to funding the leading company's own projects, Business Finland also finances R&D projects carried out by partners within the ecosystem.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: kr4.92 (vs kr6.54 in FY 2024)Full year 2025 results: EPS: kr4.92 (down from kr6.54 in FY 2024). Revenue: kr96.2b (down 7.0% from FY 2024). Net income: kr4.90b (down 25% from FY 2024). Profit margin: 5.1% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공지 • Mar 17SSAB AB (publ) Announces Directors Not Standing for Re-ElectionSSAB AB (publ) announced that Bernard Fontana and Mikael Mäkinen have declined re-election at its Annual General Meeting to be held on April 28, 2026.New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change).Reported Earnings • Jan 29Full year 2025 earnings released: EPS: kr4.92 (vs kr6.54 in FY 2024)Full year 2025 results: EPS: kr4.92 (down from kr6.54 in FY 2024). Revenue: kr96.2b (down 7.0% from FY 2024). Net income: kr4.90b (down 25% from FY 2024). Profit margin: 5.1% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공지 • Jan 28SSAB AB (publ) Proposes Dividend for the Financial Year 2025SSAB AB (publ) announced that the Board proposed a dividend of SEK 2.00 per share for the financial year 2025 against SEK 2.60 per share paid last year.Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: kr1.49 (vs kr1.05 in 3Q 2024)Third quarter 2025 results: EPS: kr1.49 (up from kr1.05 in 3Q 2024). Revenue: kr23.0b (down 5.8% from 3Q 2024). Net income: kr1.49b (up 42% from 3Q 2024). Profit margin: 6.5% (up from 4.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공지 • Oct 10SSAB AB (publ), Annual General Meeting, Apr 28, 2026SSAB AB (publ), Annual General Meeting, Apr 28, 2026.공지 • Oct 09+ 2 more updatesSSAB AB (publ) to Report Q3, 2026 Results on Oct 28, 2026SSAB AB (publ) announced that they will report Q3, 2026 results at 7:30 AM, Central European Standard Time on Oct 28, 2026Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €5.82, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 53% over the past three years.New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin).Reported Earnings • Jul 24Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: kr25.6b (down 9.4% from 2Q 2024). Net income: kr1.85b (down 23% from 2Q 2024). Profit margin: 7.2% (down from 8.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.공지 • May 02SSAB AB (publ) Approves Dividend, Payable on May 7, 2025SSAB AB (publ) at its AGM held on April 29, 2025 resolved on a dividend of SEK 2.60 per share, with May 2, 2025 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB on May 7, 2025.Reported Earnings • Apr 29First quarter 2025 earnings released: EPS: kr1.13 (vs kr2.57 in 1Q 2024)First quarter 2025 results: EPS: kr1.13 (down from kr2.57 in 1Q 2024). Revenue: kr25.5b (down 6.0% from 1Q 2024). Net income: kr1.13b (down 56% from 1Q 2024). Profit margin: 4.4% (down from 9.5% in 1Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 23Upcoming dividend of kr2.60 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 07 May 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Finnish dividend payers (6.2%). In line with average of industry peers (4.2%).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.79, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 2.9% over the past three years.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: kr6.54 (vs kr12.67 in FY 2023)Full year 2024 results: EPS: kr6.54 (down from kr12.67 in FY 2023). Revenue: kr103.4b (down 13% from FY 2023). Net income: kr6.52b (down 50% from FY 2023). Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공지 • Mar 18SSAB Announces Management Changes, Effective April 1, 2025SSAB is making changes in the support functions of its Group Executive Committee. Carl Orrling has been appointed as a new member of SSAB's Group Executive Committee. Carl Orrling has been appointed EVP CTO with responsibility for the Transformation Office and will become a new member of SSAB's Group Executive Committee. The Group Executive Committee will be reduced from 11 to 9 members. Christina Friborg (SVP Sustainability, Ethics & Compliance, Health & Safety), Eva Petursson (SVP Research & Innovation), and Lars Sjöbring (SVP General Counsel) will retain their responsibilities and continue to report to Johnny Sjöström but will no longer be members of the Group Executive Committee. Martin Pei, the former EVP CTO, will become a Senior Advisor with a focus on securing raw material supplies for the new fossil-free steel plants. He will continue to represent SSAB as Chairman of the Board of Hybrit Development AB and will still report to Johnny Sjöström. These changes will take effect on April 1, 2025. The new Group Executive Committee will consist of: Johnny Sjöström - President and CEO of SSAB, Leena Craelius - EVP Chief Financial Officer, Per Elfgren - EVP Head of SSAB Special Steels, Tony Harris - EVP Head of SSAB Europe, Chuck Schmitt - EVP Head of SSAB Americas, Maria Långberg - EVP Organization and Culture, Helena Norrman - EVP Communications, Carl Orrling - EVP CTO and Head of the Transformation Office and Viktor Strömberg - EVP Strategy and Digitalization.공지 • Feb 04Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A).Jennmar Corporation has entered into an agreement to acquire Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on January 7, 2025. As a part of acquisition, in total, 66 people are affected by the acquisition and have received an offer to continue their employment with Jennmar. The transaction is expected to be finalized in the first quarter of 2025. Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on February 3, 2025.Declared Dividend • Feb 03Dividend of kr2.60 announcedShareholders will receive a dividend of kr2.60. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 54%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 30Full year 2024 earnings released: EPS: kr6.54 (vs kr12.67 in FY 2023)Full year 2024 results: EPS: kr6.54 (down from kr12.67 in FY 2023). Revenue: kr103.4b (down 13% from FY 2023). Net income: kr6.52b (down 50% from FY 2023). Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).공지 • Jan 22SSAB Appoints Helena Norrman as EVP & Head of Group Communications, Effective April 16, 2025SSAB has appointed Helena Norrman as EVP & Head of Group Communications, a newly-created role in the company's Group Executive Committee. Helena will take up the position by April 16, 2025 and will be responsible for communication at SSAB.Helena Norrman joins SSAB from her role as partner and communications advisor at global communications consultancy Kekst CNC. Prior to this, she held several leading positions at global telecom company Ericsson, where for example, she headed Marketing and Corporate Relations and was a member of the company's Executive Team. In her role as EVP & Head of Group Communications, Helena will be a member of SSAB's Group Executive Committee and play an important role in the company's continued development. Helena Norrman holds a degree in International Business Administration from the University of Linköping in Sweden.New Risk • Jan 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).공지 • Dec 20SSAB Appoints Tony Harris as New Head of SSAB Europe, Effective February 1, 2025SSAB announced Tony Harris has been appointed as new head of SSAB Europe effective February 1, 2025. He transitions into this role from his current position as Head of Sales and Business Development at SSAB Europe. He has a strong commercial background from both small and medium-sized enterprises and multinational corporations. His expertise covers not only sales and business development but also operations and general management. Since joining SSAB in 2014, following the merger with Rautaruukki, Tony has served as a key member of SSAB Europe's Management Team. Upon assuming his new role, he will also join SSAB's Group Executive Committee. Tony will succeed Olavi Huhtala, who earlier has announced his retirement.New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change).공지 • Dec 05SSAB Receives Financing from EU and Swedish Agency for Economic and Regional GrowthSSAB is granted SEK 1.45 billion in the framework of the Just Transition Fund, an EU fund that in Sweden includes support to the transition of the steel industry in Norrbotten. The funding will contribute to the transformation to fossil-free steel production of SSAB's operations in Luleå, a technology shift that will significantly reduce Sweden's carbon dioxide emissions. SSAB plans to decommission the current coal and blast furnace-based production system in Luleå in favor of a state-of-the-art fossil-free mini-mill with electric arc furnaces and rolling complexes. This will reduce Sweden's CO2 emissions by 7% in addition to the 3% from the conversion of SSAB's steel plant in Oxelösund. Startup of the new mill in Luleå is planned at the end of 2028 with full capacity in 2029, while startup of the new electric arc furnace in Oxelösund is expected toward the end of 2026. The investments are mainly funded with SSAB's own cash flow. The Just Transition Fund is an EU fund that focuses on industries and regions with high carbon dioxide emissions. The fund will help reduce emissions and tackle the challenges created by the transition. In Sweden's national program for the Just Transition Fund, the eligible sectors are the steel, metal and cement industries. The steel industry in Norrbotten was pinpointed as one of three industries that could be awarded the funds. On October 21, 2024, the European Commission announced that it had approved a Swedish measure to support SSAB through the Just Transition Fund. On December 4, 2024, the Swedish Agency for Economic and Regional Growth, which administers the fund in Sweden, announced that SSAB is granted SEK 1.45 billion in EU funding and national co-financing. SSAB has previously been granted nearly SEK 38.6 million from the same fund for SSAB Academy, a pilot program for employee competence development in Luleå.공지 • Dec 03SSAB AB Announces Retirement of Chuck Schmitt, Head of SSAB AmericasSSAB AB announced that Chuck Schmitt, Head of SSAB Americas, will retire in the summer of 2025. A recruitment process to find his successor will begin shortly. Chuck Schmitt has been Head of SSAB Americas and a member of SSAB's Group Executive Committee since 2011. He has been with the company since 1990, starting at the U.S.-based IPSCO which was later acquired by SSAB. Chuck Schmitt will remain in his current position until June 30, 2025. A recruitment process to find his successor will begin shortly.공지 • Oct 28Martin Lindqvist to Step Down from SSAB's Board of DirectorsAs previously communicated, Martin Lindqvist has left his position as SSAB's President and CEO. On October 28, 2024 he has announced that he is also leaving his position in the Board of Directors.New Risk • Oct 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).Reported Earnings • Oct 23Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr24.4b (down 17% from 3Q 2023). Net income: kr1.05b (down 70% from 3Q 2023). Profit margin: 4.3% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공지 • Oct 08SSAB AB (publ) to Report Fiscal Year 2024 Results on Mar 17, 2025SSAB AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 17, 2025공지 • Oct 02+ 4 more updatesSSAB AB (publ), Annual General Meeting, Apr 29, 2025SSAB AB (publ), Annual General Meeting, Apr 29, 2025.공지 • Sep 05SSAB AB (Publ) Announces Retirement of Olavi Huhtala as Head of SSAB EuropeSSAB AB (publ) announced that Olavi Huhtala, Head of SSAB Europe, will retire during winter 2025. A recruitment process to find his successor will now begin. Olavi Huhtala has been head of SSAB Europe and a member of SSAB's Group Executive Committee since 2014. Olavi Huhtala will remain in his role as head of SSAB Europe until the end of January 2025, after which he will remain as an advisor.공지 • Aug 29+ 1 more updateSSAB AB (publ) Appoints Johnny Sjöström as CEO, Effective October 28, 2024Johnny Sjöström has been appointed CEO of SSAB. He is currently head of the division SSAB Special Steels. Johnny Sjöström will start his new position on October 28, 2024, succeeding Martin Lindqvist who previously announced that he is leaving the company for a board career. Johnny Sjöström has extensive experience from the industry and from international work. He has been Head of SSAB Special Steels since 2019. In that role, he has worked to develop and grow the company’s business for special steels and overseen the green transformation of SSAB’s steelwork in Oxelösund. Johnny Sjöström has previously been CEO of Uddeholm and held different management positions at Outokumpu Stainless Oy. Johnny Sjöström is a Docent in material science from Karlstad University and has an executive MBA from Stockholm School of Economics. He will take up his new position on October 28, 2024, and will until then continue as Head of Special Steels while preparing for the new role. Martin Lindqvist will remain President and CEO until October 27, 2024.Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: kr2.43 (vs kr3.81 in 2Q 2023)Second quarter 2024 results: EPS: kr2.43 (down from kr3.81 in 2Q 2023). Revenue: kr28.3b (down 11% from 2Q 2023). Net income: kr2.42b (down 38% from 2Q 2023). Profit margin: 8.6% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jun 07Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to €5.17. The fair value is estimated to be €4.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 4.9% in 2 years. Earnings are forecast to decline by 35% in the next 2 years.공지 • Apr 27+ 1 more updateSSAB AB (publ) Approves Dividend, Payable on May 2, 2024SSAB AB (publ) at its AGM held on April 24, 2024, approved dividend of SEK 5 per share, with April 26, 2024 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB on May 2, 2024.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: kr2.57 (vs kr3.59 in 1Q 2023)First quarter 2024 results: EPS: kr2.57 (down from kr3.59 in 1Q 2023). Revenue: kr27.1b (down 15% from 1Q 2023). Net income: kr2.57b (down 30% from 1Q 2023). Profit margin: 9.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공지 • Apr 09+ 1 more updateSSAB AB Announces CEO Martin Lindqvist Is Leaving the CompanySSAB AB announced that after 26 years in the company and 13 years as CEO, Martin Lindqvist has decided to leave SSAB to further his board career. A recruitment process to find his replacement will start immediately. Martin Lindqvist has been employed at SSAB since 1998 and served as the company's President and CEO since 2011. Under his leadership, SSAB completed the acquisition of Finnish company Rautaruukki. In 2016, work began to transform the steel industry to fossil-free production through HYBRIT, a joint venture between SSAB, LKAB and Vattenfall. SSAB has since then taken a policy decision to transform the entire Nordic production system to fossil-free production. Last year, the transformation of the Oxelösund mill began and as recently as last week a decision was made to transform the steelwork in Luleå. Martin Lindqvist has six months' notice, but has agreed to stay until a successor is in place. A recruitment process to find his successor will start immediately.공지 • Mar 21SSAB Launches World's First Emission-Free Steel PowderSSAB is launching the world's first emission-free steel powder for commercial deliveries, made of recycled SSAB Zero® steel. The product will create opportunities for customers to 3D-print their unique designs in steel produced without fossil carbon dioxide emissions. The powder combines the properties of SSAB's high-strength steel with the light structural possibilities of 3D-printing. The production of steel is a large source of CO2 emissions when it comes to 3D-printing of steel products. By pulverizing SSAB's emission-free steel with fossil-free energy sources only, the carbon dioxide emissions from the steelmaking are reduced to virtually zero. Last year, SSAB launched its first conventional steel powder to the market, SSAB AM Engineering, and now the portfolio is expanded with SSAB AM Tough Zero®. SSAB will also be able to offer its unique fossil-free steel, based on HYBRIT technology, as a powder in limited volumes. In 2020, SSAB in Oxelösund invested in a steel powder production facility to produce premium advanced high-strength steel powder for additive manufacturing, also known as 3D-printing, as a complement to SSAB's regular steel offering. Steel powder is ideally suited for limited series of tailormade components or spare parts requiring high structural integrity and optimal functionality. It can be used in a wide variety of industries, from consumer goods to heavy machinery to automotive and more. SSAB has already provided prototype fossil-free steel powder to selected customers. In 2023, HT Laser 3D-printed the first fossil-free steel component suitable for a forest machine, and mining company Epiroc revealed a prototype hydraulic block for a rock drill in conventional steel powder and said it was exploring the possibility of using fossil-free powder. In 2022, Triwa launched the first consumer product made with fossil-free steel powder - a watch. To make powder, molten steel tailored for 3D-printing is broken up by high pressurized atomization gas, creating small spherical droplets which are solidified into powder. The steel powder is also produced using only fossil-free energy sources.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)Full year 2023 results: EPS: kr12.67 (up from kr10.57 loss in FY 2022). Revenue: kr119.5b (down 7.2% from FY 2022). Net income: kr13.0b (up kr23.9b from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공지 • Mar 19SSAB AB (publ) to Report Fiscal Year 2023 Results on Mar 18, 2024SSAB AB (publ) announced that they will report fiscal year 2023 results on Mar 18, 2024공지 • Mar 16SSAB AB (publ) Proposes Dividend, Payable on May 2, 2024SSAB AB (publ)at the Annual General Meeting to be held on April 24, 2024, the Board of Directors proposed a dividend of SEK 5 per share. April 26, 2024, is proposed as the record date for payment of the dividend. Provided that the Meeting resolves in accordance with the proposal, dividends are expected to be distributed by Euroclear Sweden AB on May 2, 2024.New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 22% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Feb 01Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)Full year 2023 results: EPS: kr12.67 (up from kr10.57 loss in FY 2022). Revenue: kr119.5b (down 7.2% from FY 2022). Net income: kr13.0b (up kr23.9b from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.공지 • Jan 31SSAB AB (publ) Proposes DividendThe board of SSAB AB (publ) proposed a dividend of SEK 5.00 (SEK 8.70) per share.공지 • Oct 31SSAB AB (publ) (OM:SSAB A) commences an Equity Buyback Plan, under the authorization approved on April 18, 2023.SSAB AB (publ) (OM:SSAB A) commences share repurchases on October 26, 2023, under the program mandated by the shareholders in the Annual General Meeting held on April 18, 2023. As per the mandate, the company is authorized to its own shares such that the company's holding of shares does not exceed 10% of issued share capital. The price to be paid for repurchase should be between the highest purchase price and lowest selling price applicable from time to time on Nasdaq Stockholm or Nasdaq Helsinki. The authorization will be valid till Next Annual General Meeting of the company in 2024. On October 25, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 102,983,532 shares for SEK 2,500 million. The company will repurchase 30,418,327 Series A shares for SEK 625 million and 72,565,205 Series B shares for SEK 1,875 million. The plan will commence from October 26, 2023, and will be valid till March 11, 2024. As of October 25, 2023, the company had 1,029,835,326 issued shares, of which 304,183,270 are Series A shares and 725,652,056 are Series B shares.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: kr3.41 (vs kr4.93 in 3Q 2022)Third quarter 2023 results: EPS: kr3.41 (down from kr4.93 in 3Q 2022). Revenue: kr29.3b (down 6.9% from 3Q 2022). Net income: kr3.51b (down 31% from 3Q 2022). Profit margin: 12% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.공지 • Oct 11+ 4 more updatesSSAB AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024SSAB AB (publ) announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Jan 31, 2024공지 • Sep 12SSAB to Showcase Hardox Wear Plate at Mining IndonesiaSSAB will join others in the industry to show case the latest and greatest of its Hardox offerings, in particular, its benefits for the mining and construction sector. Superior Hardox Wearplate: Quarry and mining operations often put high demands on equipment, and Hardox is able to alleviate many of the concerns throughout the production flow due to its unique properties. As a global leader in abrasion-resistant (AR) steel, utilizing Hardox translates to extended longevity and guaranteed high productivity in even the most challenging environments compared to other steel products on the market. Most importantly, safety is always the number one concern that the use of Hardox®? can address. Superior wear resistance reduces potential downtime needed for repair, be it damage caused by sliding, impact, or squeezing. Perfect for new and existing operations, the outstanding weldability and workshop-friendly properties of Hardox®? mean it can be easily integrated into established repair regimes, ensuring that production stays efficient and reduces the need to rely on stockpiling of spare parts. Hardox is versatile, tough and high performance: In addition, the design of the Hardox wear plate breaks the boundaries of traditional limits, allowing for new levels of performance that are enhanced further by increased cost savings for various applications includingvels, bulldozers, tippers, transfer chutes, and more. Hardox is also designed for applications requiring extremely high abrasion resistance that can still be welded, cut, milled, and drilled using standard workshop practices. Meanwhile, grades of genuine Hardox wear plates are manufactured in SSAB's advanced facility, one of the world's most CO2 efficient steel production plants.Reported Earnings • Jul 21Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr31.8b (down 11% from 2Q 2022). Net income: kr3.92b (down 51% from 2Q 2022). Profit margin: 12% (down from 23% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to fall by 6.2% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.공지 • May 24SSAB AB (publ) Announces Executive Changes, Effective July 1, 2023Fredrik Haglund, current head of the Tibnor Denmark business unit, will take up the position of Tibnor President on July 1, 2023. Kimmo Väkiparta, current President, has decided to leave the company at his own request. Fredrik Haglund has been with Tibnor since 2008, and a member of the management team since 2016. He has led Tibnor Denmark since 2020, as well as managing Tibnor's parts business and Tibnor Sweden logistics andproduction before that. Fredrik Haglund will take up his new position on July 1, 2023, and be located at Tibnor HQ in Solna, Sweden.공지 • May 10SSAB AB (publ) Appoints Lars Sjöbring as EVP and Head of Legal Affairs and General Counsel and A Member of the Group Executive Committee, Effective May 15, 2023Lars Sjöbring is appointed EVP and Head of Legal Affairs and General Counsel at SSAB AB (publ) and a member of the Group Executive Committee. He joins SSAB from a similar role at Education First Group and was previously EVP Legal Affairs and General Counsel at Veoneer and Autoliv. Lars Sjöbring holds a Master of Laws in American Corporate Law from Fordham University in the USA and a Master of Laws in European Business Law from the University of Amsterdam. He also holds an LLM from Lund University in Sweden. Lars Sjöbring will be based at SSAB's headquarters in Stockholm and will take up his position in May 15, 2023.Upcoming Dividend • Apr 12Upcoming dividend of kr8.70 per share at 11% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of Finnish dividend payers (5.1%). Higher than average of industry peers (8.3%).Reported Earnings • Mar 27Full year 2022 earnings released: kr10.57 loss per share (vs kr14.24 profit in FY 2021)Full year 2022 results: kr10.57 loss per share (down from kr14.24 profit in FY 2021). Revenue: kr128.7b (up 34% from FY 2021). Net loss: kr10.9b (down 174% from profit in FY 2021). Revenue is expected to fall by 6.8% p.a. on average during the next 3 years compared to a 1.5% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.공지 • Jan 31SSAB AB (Publ) Announces Resignation of Jonas Bergstrand as General CounselSSAB AB (publ) announced that Jonas Bergstrand, General Counsel at SSAB, has decided to leave SSAB to become General Counsel at Volvo Construction Equipment. Jonas Bergstrand has been General Counsel and a member of SSAB's Group Executive Committee since 2006. In the meantime, he has also held several other important responsibilities at SSAB including strategy, purchasing and M&A. Jonas Bergstrand is leaving SSAB this summer and a recruitment process to find his successor will begin immediately.공지 • Jan 28+ 1 more updateSSAB AB (publ) Proposes Dividend for the Year 2022The board of SSAB AB (publ) proposed a dividend of SEK 8.70 per share for the year ended 2022.Reported Earnings • Jan 27Full year 2022 earnings released: kr10.57 loss per share (vs kr14.24 profit in FY 2021)Full year 2022 results: kr10.57 loss per share (down from kr14.24 profit in FY 2021). Revenue: kr128.7b (up 34% from FY 2021). Net loss: kr10.9b (down 174% from profit in FY 2021). Revenue is expected to fall by 11% p.a. on average during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Employee Representative Director Tomas Westman was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 26Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr31.5b (up 25% from 3Q 2021). Net income: kr5.07b (up 13% from 3Q 2021). Profit margin: 16% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.공지 • Oct 15SSAB AB (publ) to Report First Half, 2023 Results on Jul 21, 2023SSAB AB (publ) announced that they will report first half, 2023 results on Jul 21, 2023공지 • Oct 14SSAB AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023SSAB AB (publ) announced that they will report fiscal year 2022 results at 7:30 AM, Central European Standard Time on Jan 27, 2023이익 및 매출 성장 예측HLSE:SSABAH - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028108,1528,136-4,08613,3131312/31/2027107,6648,403-6,98813,1731512/31/2026102,4017,332-3,04011,525133/31/202696,0335,378-3,27711,218N/A12/31/202596,2204,902-3,45310,079N/A9/30/202597,7294,949-90610,183N/A6/30/202599,1424,509-9139,044N/A3/31/2025101,7935,0741,8959,336N/A12/31/2024103,4186,5223,68111,896N/A9/30/2024106,2727,9405,09213,280N/A6/30/2024111,23810,39910,06217,292N/A3/31/2024114,73311,90312,51919,968N/A12/31/2023119,48913,02914,90621,473N/A9/30/2023123,158-18,86516,98222,916N/A6/30/2023125,335-17,29911,61117,474N/A3/31/2023129,074-13,20012,64117,942N/A12/31/2022128,745-10,88613,20818,156N/A9/30/2022125,94424,56611,63016,066N/A6/30/2022119,64823,97114,68918,895N/A3/31/2022107,80519,16812,98116,842N/A12/31/202195,89114,66211,49114,873N/A9/30/202185,5419,54710,03812,315N/A6/30/202174,8034,3277,3279,332N/A3/31/202166,2858214,0536,108N/A12/31/202065,396-5102,1624,366N/A9/30/202065,382-2,095462,652N/A6/30/202069,740-1,3253933,285N/A3/31/202075,240-291,0503,961N/A12/31/201976,4851,075N/A5,341N/A9/30/201978,7643,012N/A6,059N/A6/30/201978,9613,863N/A7,114N/A3/31/201977,5704,164N/A7,284N/A1/1/201974,9413,549N/A6,750N/A9/30/201872,7063,186N/A7,453N/A6/30/201869,8572,887N/A6,981N/A3/31/201867,7082,460N/A6,438N/A12/31/201766,0592,295N/A6,650N/A9/30/201763,4842,034N/A4,786N/A6/30/201760,7732,044N/A3,934N/A3/31/201758,1291,571N/A4,080N/A12/31/201655,354937N/A3,297N/A9/30/201653,411192N/A3,839N/A6/30/201653,528-683N/A3,269N/A3/31/201654,360-926N/A3,672N/A12/31/201556,864-508N/A4,444N/A9/30/201559,565-1,147N/A3,833N/A6/30/201559,285-1,031N/A3,585N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SSABAH 의 연간 예상 수익 증가율(12.4%)이 saving rate(2.3%)보다 높습니다.수익 vs 시장: SSABAH 의 연간 수익(12.4%)이 Finnish 시장(13.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SSABAH 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SSABAH 의 수익(연간 4.1%)이 Finnish 시장(연간 4.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: SSABAH 의 수익(연간 4.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SSABAH의 자본 수익률은 3년 후 10.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 09:21종가2026/05/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SSAB AB (publ)는 34명의 분석가가 다루고 있습니다. 이 중 15명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierTom ZhangBarclaysAlessandro AbateBerenberg31명의 분석가 더 보기
Board Change • May 04High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Magnus Groth was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • May 01+ 1 more updateSSAB Approves Dividend, Payable on May 6, 2026SSAB at its annual general meeting held on April 28, 2026, resolved on a dividend of SEK 2.00 per share, with April 30, 2026 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB May 6, 2026.
Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: kr1.61 (vs kr1.13 in 1Q 2025)First quarter 2026 results: EPS: kr1.61 (up from kr1.13 in 1Q 2025). Revenue: kr25.3b (flat on 1Q 2025). Net income: kr1.60b (up 42% from 1Q 2025). Profit margin: 6.3% (up from 4.4% in 1Q 2025). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공지 • Apr 23SSAB AB (publ) Receives EUR 20 Million Funding from Business Finland for Sustainable World Through Steels Research and Development ProgramSSAB AB (publ) has been selected as one of Business Finland's new leading companies in the challenge competition launched in spring 2025. Business Finland, a Finnish public innovation funding organization, has granted SSAB EUR 20 million in funding for a new Sustainable World through Steels research and development program, aimed at the transition to fossil-free steel production and the development of low-carbon products in collaboration with customers. With funding from Business Finland, SSAB will initiate a five-year research and development program titled Sustainable World through Steels. Business Finland announced the new leading companies. The objective of SSAB's program is to create an ecosystem comprising more than 200 partners, including research institutes and universities, digitalization partners, other steel producers, technology developers, and customer companies. In addition to the funding received by SSAB, several project packages related to the lead project ecosystem are currently in preparation. Overall, the estimated total cost of SSAB's lead project is EUR 50 million. SSAB will further strengthen the research ecosystem by significantly expanding international research and collaboration through EU funding. The ecosystem is expected to generate new business and increase export industry activity. The themes of the new program are: 1) Solutions for fossil-free electric steelmaking 2) Optimization and development of a sustainable fossil-free supply chain through digitalization 3) Low-emission steel applications and value chains at large scale 4) Circular utilization of steel mill side streams and materials. Through its challenge competitions, Business Finland seeks to fund research and development projects by companies operating globally or aiming for global operations, where the companies address major future challenges and make a significant contribution to Finland's competitiveness. Leading companies are required to substantially increase their R&D activities in Finland and to build ecosystems aimed at creating new business. In addition to funding the leading company's own projects, Business Finland also finances R&D projects carried out by partners within the ecosystem.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: kr4.92 (vs kr6.54 in FY 2024)Full year 2025 results: EPS: kr4.92 (down from kr6.54 in FY 2024). Revenue: kr96.2b (down 7.0% from FY 2024). Net income: kr4.90b (down 25% from FY 2024). Profit margin: 5.1% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공지 • Mar 17SSAB AB (publ) Announces Directors Not Standing for Re-ElectionSSAB AB (publ) announced that Bernard Fontana and Mikael Mäkinen have declined re-election at its Annual General Meeting to be held on April 28, 2026.
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change).
Reported Earnings • Jan 29Full year 2025 earnings released: EPS: kr4.92 (vs kr6.54 in FY 2024)Full year 2025 results: EPS: kr4.92 (down from kr6.54 in FY 2024). Revenue: kr96.2b (down 7.0% from FY 2024). Net income: kr4.90b (down 25% from FY 2024). Profit margin: 5.1% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공지 • Jan 28SSAB AB (publ) Proposes Dividend for the Financial Year 2025SSAB AB (publ) announced that the Board proposed a dividend of SEK 2.00 per share for the financial year 2025 against SEK 2.60 per share paid last year.
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: kr1.49 (vs kr1.05 in 3Q 2024)Third quarter 2025 results: EPS: kr1.49 (up from kr1.05 in 3Q 2024). Revenue: kr23.0b (down 5.8% from 3Q 2024). Net income: kr1.49b (up 42% from 3Q 2024). Profit margin: 6.5% (up from 4.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공지 • Oct 10SSAB AB (publ), Annual General Meeting, Apr 28, 2026SSAB AB (publ), Annual General Meeting, Apr 28, 2026.
공지 • Oct 09+ 2 more updatesSSAB AB (publ) to Report Q3, 2026 Results on Oct 28, 2026SSAB AB (publ) announced that they will report Q3, 2026 results at 7:30 AM, Central European Standard Time on Oct 28, 2026
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €5.82, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 53% over the past three years.
New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin).
Reported Earnings • Jul 24Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: kr25.6b (down 9.4% from 2Q 2024). Net income: kr1.85b (down 23% from 2Q 2024). Profit margin: 7.2% (down from 8.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
공지 • May 02SSAB AB (publ) Approves Dividend, Payable on May 7, 2025SSAB AB (publ) at its AGM held on April 29, 2025 resolved on a dividend of SEK 2.60 per share, with May 2, 2025 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB on May 7, 2025.
Reported Earnings • Apr 29First quarter 2025 earnings released: EPS: kr1.13 (vs kr2.57 in 1Q 2024)First quarter 2025 results: EPS: kr1.13 (down from kr2.57 in 1Q 2024). Revenue: kr25.5b (down 6.0% from 1Q 2024). Net income: kr1.13b (down 56% from 1Q 2024). Profit margin: 4.4% (down from 9.5% in 1Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 23Upcoming dividend of kr2.60 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 07 May 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Finnish dividend payers (6.2%). In line with average of industry peers (4.2%).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.79, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 2.9% over the past three years.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: kr6.54 (vs kr12.67 in FY 2023)Full year 2024 results: EPS: kr6.54 (down from kr12.67 in FY 2023). Revenue: kr103.4b (down 13% from FY 2023). Net income: kr6.52b (down 50% from FY 2023). Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공지 • Mar 18SSAB Announces Management Changes, Effective April 1, 2025SSAB is making changes in the support functions of its Group Executive Committee. Carl Orrling has been appointed as a new member of SSAB's Group Executive Committee. Carl Orrling has been appointed EVP CTO with responsibility for the Transformation Office and will become a new member of SSAB's Group Executive Committee. The Group Executive Committee will be reduced from 11 to 9 members. Christina Friborg (SVP Sustainability, Ethics & Compliance, Health & Safety), Eva Petursson (SVP Research & Innovation), and Lars Sjöbring (SVP General Counsel) will retain their responsibilities and continue to report to Johnny Sjöström but will no longer be members of the Group Executive Committee. Martin Pei, the former EVP CTO, will become a Senior Advisor with a focus on securing raw material supplies for the new fossil-free steel plants. He will continue to represent SSAB as Chairman of the Board of Hybrit Development AB and will still report to Johnny Sjöström. These changes will take effect on April 1, 2025. The new Group Executive Committee will consist of: Johnny Sjöström - President and CEO of SSAB, Leena Craelius - EVP Chief Financial Officer, Per Elfgren - EVP Head of SSAB Special Steels, Tony Harris - EVP Head of SSAB Europe, Chuck Schmitt - EVP Head of SSAB Americas, Maria Långberg - EVP Organization and Culture, Helena Norrman - EVP Communications, Carl Orrling - EVP CTO and Head of the Transformation Office and Viktor Strömberg - EVP Strategy and Digitalization.
공지 • Feb 04Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A).Jennmar Corporation has entered into an agreement to acquire Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on January 7, 2025. As a part of acquisition, in total, 66 people are affected by the acquisition and have received an offer to continue their employment with Jennmar. The transaction is expected to be finalized in the first quarter of 2025. Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on February 3, 2025.
Declared Dividend • Feb 03Dividend of kr2.60 announcedShareholders will receive a dividend of kr2.60. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 54%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 30Full year 2024 earnings released: EPS: kr6.54 (vs kr12.67 in FY 2023)Full year 2024 results: EPS: kr6.54 (down from kr12.67 in FY 2023). Revenue: kr103.4b (down 13% from FY 2023). Net income: kr6.52b (down 50% from FY 2023). Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).
공지 • Jan 22SSAB Appoints Helena Norrman as EVP & Head of Group Communications, Effective April 16, 2025SSAB has appointed Helena Norrman as EVP & Head of Group Communications, a newly-created role in the company's Group Executive Committee. Helena will take up the position by April 16, 2025 and will be responsible for communication at SSAB.Helena Norrman joins SSAB from her role as partner and communications advisor at global communications consultancy Kekst CNC. Prior to this, she held several leading positions at global telecom company Ericsson, where for example, she headed Marketing and Corporate Relations and was a member of the company's Executive Team. In her role as EVP & Head of Group Communications, Helena will be a member of SSAB's Group Executive Committee and play an important role in the company's continued development. Helena Norrman holds a degree in International Business Administration from the University of Linköping in Sweden.
New Risk • Jan 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).
공지 • Dec 20SSAB Appoints Tony Harris as New Head of SSAB Europe, Effective February 1, 2025SSAB announced Tony Harris has been appointed as new head of SSAB Europe effective February 1, 2025. He transitions into this role from his current position as Head of Sales and Business Development at SSAB Europe. He has a strong commercial background from both small and medium-sized enterprises and multinational corporations. His expertise covers not only sales and business development but also operations and general management. Since joining SSAB in 2014, following the merger with Rautaruukki, Tony has served as a key member of SSAB Europe's Management Team. Upon assuming his new role, he will also join SSAB's Group Executive Committee. Tony will succeed Olavi Huhtala, who earlier has announced his retirement.
New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change).
공지 • Dec 05SSAB Receives Financing from EU and Swedish Agency for Economic and Regional GrowthSSAB is granted SEK 1.45 billion in the framework of the Just Transition Fund, an EU fund that in Sweden includes support to the transition of the steel industry in Norrbotten. The funding will contribute to the transformation to fossil-free steel production of SSAB's operations in Luleå, a technology shift that will significantly reduce Sweden's carbon dioxide emissions. SSAB plans to decommission the current coal and blast furnace-based production system in Luleå in favor of a state-of-the-art fossil-free mini-mill with electric arc furnaces and rolling complexes. This will reduce Sweden's CO2 emissions by 7% in addition to the 3% from the conversion of SSAB's steel plant in Oxelösund. Startup of the new mill in Luleå is planned at the end of 2028 with full capacity in 2029, while startup of the new electric arc furnace in Oxelösund is expected toward the end of 2026. The investments are mainly funded with SSAB's own cash flow. The Just Transition Fund is an EU fund that focuses on industries and regions with high carbon dioxide emissions. The fund will help reduce emissions and tackle the challenges created by the transition. In Sweden's national program for the Just Transition Fund, the eligible sectors are the steel, metal and cement industries. The steel industry in Norrbotten was pinpointed as one of three industries that could be awarded the funds. On October 21, 2024, the European Commission announced that it had approved a Swedish measure to support SSAB through the Just Transition Fund. On December 4, 2024, the Swedish Agency for Economic and Regional Growth, which administers the fund in Sweden, announced that SSAB is granted SEK 1.45 billion in EU funding and national co-financing. SSAB has previously been granted nearly SEK 38.6 million from the same fund for SSAB Academy, a pilot program for employee competence development in Luleå.
공지 • Dec 03SSAB AB Announces Retirement of Chuck Schmitt, Head of SSAB AmericasSSAB AB announced that Chuck Schmitt, Head of SSAB Americas, will retire in the summer of 2025. A recruitment process to find his successor will begin shortly. Chuck Schmitt has been Head of SSAB Americas and a member of SSAB's Group Executive Committee since 2011. He has been with the company since 1990, starting at the U.S.-based IPSCO which was later acquired by SSAB. Chuck Schmitt will remain in his current position until June 30, 2025. A recruitment process to find his successor will begin shortly.
공지 • Oct 28Martin Lindqvist to Step Down from SSAB's Board of DirectorsAs previously communicated, Martin Lindqvist has left his position as SSAB's President and CEO. On October 28, 2024 he has announced that he is also leaving his position in the Board of Directors.
New Risk • Oct 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).
Reported Earnings • Oct 23Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr24.4b (down 17% from 3Q 2023). Net income: kr1.05b (down 70% from 3Q 2023). Profit margin: 4.3% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공지 • Oct 08SSAB AB (publ) to Report Fiscal Year 2024 Results on Mar 17, 2025SSAB AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 17, 2025
공지 • Oct 02+ 4 more updatesSSAB AB (publ), Annual General Meeting, Apr 29, 2025SSAB AB (publ), Annual General Meeting, Apr 29, 2025.
공지 • Sep 05SSAB AB (Publ) Announces Retirement of Olavi Huhtala as Head of SSAB EuropeSSAB AB (publ) announced that Olavi Huhtala, Head of SSAB Europe, will retire during winter 2025. A recruitment process to find his successor will now begin. Olavi Huhtala has been head of SSAB Europe and a member of SSAB's Group Executive Committee since 2014. Olavi Huhtala will remain in his role as head of SSAB Europe until the end of January 2025, after which he will remain as an advisor.
공지 • Aug 29+ 1 more updateSSAB AB (publ) Appoints Johnny Sjöström as CEO, Effective October 28, 2024Johnny Sjöström has been appointed CEO of SSAB. He is currently head of the division SSAB Special Steels. Johnny Sjöström will start his new position on October 28, 2024, succeeding Martin Lindqvist who previously announced that he is leaving the company for a board career. Johnny Sjöström has extensive experience from the industry and from international work. He has been Head of SSAB Special Steels since 2019. In that role, he has worked to develop and grow the company’s business for special steels and overseen the green transformation of SSAB’s steelwork in Oxelösund. Johnny Sjöström has previously been CEO of Uddeholm and held different management positions at Outokumpu Stainless Oy. Johnny Sjöström is a Docent in material science from Karlstad University and has an executive MBA from Stockholm School of Economics. He will take up his new position on October 28, 2024, and will until then continue as Head of Special Steels while preparing for the new role. Martin Lindqvist will remain President and CEO until October 27, 2024.
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: kr2.43 (vs kr3.81 in 2Q 2023)Second quarter 2024 results: EPS: kr2.43 (down from kr3.81 in 2Q 2023). Revenue: kr28.3b (down 11% from 2Q 2023). Net income: kr2.42b (down 38% from 2Q 2023). Profit margin: 8.6% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jun 07Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to €5.17. The fair value is estimated to be €4.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 4.9% in 2 years. Earnings are forecast to decline by 35% in the next 2 years.
공지 • Apr 27+ 1 more updateSSAB AB (publ) Approves Dividend, Payable on May 2, 2024SSAB AB (publ) at its AGM held on April 24, 2024, approved dividend of SEK 5 per share, with April 26, 2024 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB on May 2, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: kr2.57 (vs kr3.59 in 1Q 2023)First quarter 2024 results: EPS: kr2.57 (down from kr3.59 in 1Q 2023). Revenue: kr27.1b (down 15% from 1Q 2023). Net income: kr2.57b (down 30% from 1Q 2023). Profit margin: 9.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공지 • Apr 09+ 1 more updateSSAB AB Announces CEO Martin Lindqvist Is Leaving the CompanySSAB AB announced that after 26 years in the company and 13 years as CEO, Martin Lindqvist has decided to leave SSAB to further his board career. A recruitment process to find his replacement will start immediately. Martin Lindqvist has been employed at SSAB since 1998 and served as the company's President and CEO since 2011. Under his leadership, SSAB completed the acquisition of Finnish company Rautaruukki. In 2016, work began to transform the steel industry to fossil-free production through HYBRIT, a joint venture between SSAB, LKAB and Vattenfall. SSAB has since then taken a policy decision to transform the entire Nordic production system to fossil-free production. Last year, the transformation of the Oxelösund mill began and as recently as last week a decision was made to transform the steelwork in Luleå. Martin Lindqvist has six months' notice, but has agreed to stay until a successor is in place. A recruitment process to find his successor will start immediately.
공지 • Mar 21SSAB Launches World's First Emission-Free Steel PowderSSAB is launching the world's first emission-free steel powder for commercial deliveries, made of recycled SSAB Zero® steel. The product will create opportunities for customers to 3D-print their unique designs in steel produced without fossil carbon dioxide emissions. The powder combines the properties of SSAB's high-strength steel with the light structural possibilities of 3D-printing. The production of steel is a large source of CO2 emissions when it comes to 3D-printing of steel products. By pulverizing SSAB's emission-free steel with fossil-free energy sources only, the carbon dioxide emissions from the steelmaking are reduced to virtually zero. Last year, SSAB launched its first conventional steel powder to the market, SSAB AM Engineering, and now the portfolio is expanded with SSAB AM Tough Zero®. SSAB will also be able to offer its unique fossil-free steel, based on HYBRIT technology, as a powder in limited volumes. In 2020, SSAB in Oxelösund invested in a steel powder production facility to produce premium advanced high-strength steel powder for additive manufacturing, also known as 3D-printing, as a complement to SSAB's regular steel offering. Steel powder is ideally suited for limited series of tailormade components or spare parts requiring high structural integrity and optimal functionality. It can be used in a wide variety of industries, from consumer goods to heavy machinery to automotive and more. SSAB has already provided prototype fossil-free steel powder to selected customers. In 2023, HT Laser 3D-printed the first fossil-free steel component suitable for a forest machine, and mining company Epiroc revealed a prototype hydraulic block for a rock drill in conventional steel powder and said it was exploring the possibility of using fossil-free powder. In 2022, Triwa launched the first consumer product made with fossil-free steel powder - a watch. To make powder, molten steel tailored for 3D-printing is broken up by high pressurized atomization gas, creating small spherical droplets which are solidified into powder. The steel powder is also produced using only fossil-free energy sources.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)Full year 2023 results: EPS: kr12.67 (up from kr10.57 loss in FY 2022). Revenue: kr119.5b (down 7.2% from FY 2022). Net income: kr13.0b (up kr23.9b from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공지 • Mar 19SSAB AB (publ) to Report Fiscal Year 2023 Results on Mar 18, 2024SSAB AB (publ) announced that they will report fiscal year 2023 results on Mar 18, 2024
공지 • Mar 16SSAB AB (publ) Proposes Dividend, Payable on May 2, 2024SSAB AB (publ)at the Annual General Meeting to be held on April 24, 2024, the Board of Directors proposed a dividend of SEK 5 per share. April 26, 2024, is proposed as the record date for payment of the dividend. Provided that the Meeting resolves in accordance with the proposal, dividends are expected to be distributed by Euroclear Sweden AB on May 2, 2024.
New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 22% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Feb 01Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)Full year 2023 results: EPS: kr12.67 (up from kr10.57 loss in FY 2022). Revenue: kr119.5b (down 7.2% from FY 2022). Net income: kr13.0b (up kr23.9b from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
공지 • Jan 31SSAB AB (publ) Proposes DividendThe board of SSAB AB (publ) proposed a dividend of SEK 5.00 (SEK 8.70) per share.
공지 • Oct 31SSAB AB (publ) (OM:SSAB A) commences an Equity Buyback Plan, under the authorization approved on April 18, 2023.SSAB AB (publ) (OM:SSAB A) commences share repurchases on October 26, 2023, under the program mandated by the shareholders in the Annual General Meeting held on April 18, 2023. As per the mandate, the company is authorized to its own shares such that the company's holding of shares does not exceed 10% of issued share capital. The price to be paid for repurchase should be between the highest purchase price and lowest selling price applicable from time to time on Nasdaq Stockholm or Nasdaq Helsinki. The authorization will be valid till Next Annual General Meeting of the company in 2024. On October 25, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 102,983,532 shares for SEK 2,500 million. The company will repurchase 30,418,327 Series A shares for SEK 625 million and 72,565,205 Series B shares for SEK 1,875 million. The plan will commence from October 26, 2023, and will be valid till March 11, 2024. As of October 25, 2023, the company had 1,029,835,326 issued shares, of which 304,183,270 are Series A shares and 725,652,056 are Series B shares.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: kr3.41 (vs kr4.93 in 3Q 2022)Third quarter 2023 results: EPS: kr3.41 (down from kr4.93 in 3Q 2022). Revenue: kr29.3b (down 6.9% from 3Q 2022). Net income: kr3.51b (down 31% from 3Q 2022). Profit margin: 12% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
공지 • Oct 11+ 4 more updatesSSAB AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024SSAB AB (publ) announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Jan 31, 2024
공지 • Sep 12SSAB to Showcase Hardox Wear Plate at Mining IndonesiaSSAB will join others in the industry to show case the latest and greatest of its Hardox offerings, in particular, its benefits for the mining and construction sector. Superior Hardox Wearplate: Quarry and mining operations often put high demands on equipment, and Hardox is able to alleviate many of the concerns throughout the production flow due to its unique properties. As a global leader in abrasion-resistant (AR) steel, utilizing Hardox translates to extended longevity and guaranteed high productivity in even the most challenging environments compared to other steel products on the market. Most importantly, safety is always the number one concern that the use of Hardox®? can address. Superior wear resistance reduces potential downtime needed for repair, be it damage caused by sliding, impact, or squeezing. Perfect for new and existing operations, the outstanding weldability and workshop-friendly properties of Hardox®? mean it can be easily integrated into established repair regimes, ensuring that production stays efficient and reduces the need to rely on stockpiling of spare parts. Hardox is versatile, tough and high performance: In addition, the design of the Hardox wear plate breaks the boundaries of traditional limits, allowing for new levels of performance that are enhanced further by increased cost savings for various applications includingvels, bulldozers, tippers, transfer chutes, and more. Hardox is also designed for applications requiring extremely high abrasion resistance that can still be welded, cut, milled, and drilled using standard workshop practices. Meanwhile, grades of genuine Hardox wear plates are manufactured in SSAB's advanced facility, one of the world's most CO2 efficient steel production plants.
Reported Earnings • Jul 21Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr31.8b (down 11% from 2Q 2022). Net income: kr3.92b (down 51% from 2Q 2022). Profit margin: 12% (down from 23% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to fall by 6.2% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
공지 • May 24SSAB AB (publ) Announces Executive Changes, Effective July 1, 2023Fredrik Haglund, current head of the Tibnor Denmark business unit, will take up the position of Tibnor President on July 1, 2023. Kimmo Väkiparta, current President, has decided to leave the company at his own request. Fredrik Haglund has been with Tibnor since 2008, and a member of the management team since 2016. He has led Tibnor Denmark since 2020, as well as managing Tibnor's parts business and Tibnor Sweden logistics andproduction before that. Fredrik Haglund will take up his new position on July 1, 2023, and be located at Tibnor HQ in Solna, Sweden.
공지 • May 10SSAB AB (publ) Appoints Lars Sjöbring as EVP and Head of Legal Affairs and General Counsel and A Member of the Group Executive Committee, Effective May 15, 2023Lars Sjöbring is appointed EVP and Head of Legal Affairs and General Counsel at SSAB AB (publ) and a member of the Group Executive Committee. He joins SSAB from a similar role at Education First Group and was previously EVP Legal Affairs and General Counsel at Veoneer and Autoliv. Lars Sjöbring holds a Master of Laws in American Corporate Law from Fordham University in the USA and a Master of Laws in European Business Law from the University of Amsterdam. He also holds an LLM from Lund University in Sweden. Lars Sjöbring will be based at SSAB's headquarters in Stockholm and will take up his position in May 15, 2023.
Upcoming Dividend • Apr 12Upcoming dividend of kr8.70 per share at 11% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of Finnish dividend payers (5.1%). Higher than average of industry peers (8.3%).
Reported Earnings • Mar 27Full year 2022 earnings released: kr10.57 loss per share (vs kr14.24 profit in FY 2021)Full year 2022 results: kr10.57 loss per share (down from kr14.24 profit in FY 2021). Revenue: kr128.7b (up 34% from FY 2021). Net loss: kr10.9b (down 174% from profit in FY 2021). Revenue is expected to fall by 6.8% p.a. on average during the next 3 years compared to a 1.5% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
공지 • Jan 31SSAB AB (Publ) Announces Resignation of Jonas Bergstrand as General CounselSSAB AB (publ) announced that Jonas Bergstrand, General Counsel at SSAB, has decided to leave SSAB to become General Counsel at Volvo Construction Equipment. Jonas Bergstrand has been General Counsel and a member of SSAB's Group Executive Committee since 2006. In the meantime, he has also held several other important responsibilities at SSAB including strategy, purchasing and M&A. Jonas Bergstrand is leaving SSAB this summer and a recruitment process to find his successor will begin immediately.
공지 • Jan 28+ 1 more updateSSAB AB (publ) Proposes Dividend for the Year 2022The board of SSAB AB (publ) proposed a dividend of SEK 8.70 per share for the year ended 2022.
Reported Earnings • Jan 27Full year 2022 earnings released: kr10.57 loss per share (vs kr14.24 profit in FY 2021)Full year 2022 results: kr10.57 loss per share (down from kr14.24 profit in FY 2021). Revenue: kr128.7b (up 34% from FY 2021). Net loss: kr10.9b (down 174% from profit in FY 2021). Revenue is expected to fall by 11% p.a. on average during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Employee Representative Director Tomas Westman was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 26Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr31.5b (up 25% from 3Q 2021). Net income: kr5.07b (up 13% from 3Q 2021). Profit margin: 16% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
공지 • Oct 15SSAB AB (publ) to Report First Half, 2023 Results on Jul 21, 2023SSAB AB (publ) announced that they will report first half, 2023 results on Jul 21, 2023
공지 • Oct 14SSAB AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023SSAB AB (publ) announced that they will report fiscal year 2022 results at 7:30 AM, Central European Standard Time on Jan 27, 2023