0KII.IL - SSAB AB (publ)

IOB - IOB Delayed price. Currency in SEK
-0.60 (-0.86%)
At close: 05:51PM BST
Stock chart is not supported by your current browser
Previous close69.56
Bid67.52 x 0
Ask70.40 x 0
Day's range68.42 - 70.12
52-week range42.46 - 81.90
Avg. volume1,501,371
Market cap67.92B
Beta (5Y monthly)1.34
PE ratio (TTM)N/A
EPS (TTM)-12.82
Earnings dateN/A
Forward dividend & yield8.70 (12.73%)
Ex-dividend date19 Apr 2023
1y target estN/A
  • Reuters

    Steelmaker SSAB eyes $1 billion annual profit boost from green push

    STOCKHOLM/OSLO (Reuters) -Swedish steelmaker SSAB aims to boost its annual profit by at least 10 billion Swedish crowns ($968 million) from 2030 onwards as it shifts to carbon-free metals production, the company said on Tuesday. SSAB last year said it would accelerate a switch to fossil-free steel production, investing heavily to almost eliminate carbon dioxide emissions, albeit depending on access to large amounts of non-polluting electricity. "Altogether, we can see an annual earnings potential of at least 10 billion crowns once the transformation is completed," SSAB's CEO Martin Lindqvist said in a statement ahead of a strategy update.

  • Reuters

    Steelmaker SSAB flags improving shipments in more stable market

    STOCKHOLM (Reuters) -Swedish steelmaker SSAB expects to increase shipments in a more stable market in the first quarter, it said on Friday as it reported earnings in line with market expectations. Steelmakers benefited from brisk demand through much of last year but in the second half encountered a significant slowdown in Europe, the region hardest hit by the energy crisis stemming from the war in Ukraine. Fourth-quarter operating profit at SSAB, which operates steel businesses on both sides of the Atlantic, was 3.77 billion crowns ($366 million) down from 6.96 billion crowns a year earlier but only just behind analyst expectations, Refinitiv data shows.

  • Reuters

    Steel maker SSAB profit hits record, but outlook uncertain

    STOCKHOLM (Reuters) -Swedish steel maker SSAB reported a bigger-than-expected jump in quarterly earnings on Friday on strong steel prices, but cautioned that the market outlook was uncertain amid rising inflation and supply chain strains. SSAB said second-quarter operating profit, excluding extraordinary items, rose to a record 10.40 billion crowns ($1.02 billion) from 4.08 billion a year ago to beat a mean forecast of 9.10 billion, according to Refinitiv analysts' estimates. The company is specialised in high-strength steels and has seen profits soar over the past year on the back of surging steel prices and strong output at its production plants in Sweden, Finland and the United States.

  • Stockopedia

    Two reasons why the market might be missing a trick with SSAB AB

    Buying quality merchandise when it's on sale is a stock market strategy used by some of the greatest investors in the world - including Warren Buffett. After t...