Company SSAB AB

Equities

SSAB A

SE0000171100

Iron & Steel

Market Closed - Nasdaq Stockholm 17:00:00 24/06/2024 BST 5-day change 1st Jan Change
57.94 SEK -0.69% Intraday chart for SSAB AB +2.08% -24.44%

Business Summary

SSAB AB is a Sweden-based company active within the steel industry. The Company is engaged in the development, manufacture and marketing of high strength steel products and solutions. It develops its products together with customers in order to create an offering comprised of solutions ranging from lightness and durability to strength, efficiency, sustainability and safety. Its offering includes such brands as SSAB Domex, Hardox, Docol, Greencoat, Armox and Toolox. The Company’s operations are structured into five divisions: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor and Rukki Construction. Tibnor and Ruukki Construction are operated as independent subsidiaries by their respective boards.

Number of employees: 14,496

Sales per Business

SEK in Million2022Weight2023Weight Delta
SSAB Europe
32.9 %
41,219 32.0 % 39,300 32.9 % -4.66%
SSAB Special Steels
26.3 %
32,302 25.1 % 31,443 26.3 % -2.66%
SSAB Americas
24.6 %
31,908 24.8 % 29,389 24.6 % -7.89%
Tibnor
11.3 %
16,448 12.8 % 13,557 11.3 % -17.58%
Ruukki Construction
4.9 %
6,867 5.3 % 5,799 4.9 % -15.55%

Sales per region

SEK in Million2022Weight2023Weight Delta
Other Europe
35.7 %
44,518 34.6 % 42,698 35.7 % -4.09%
United States
31.0 %
38,381 29.8 % 37,080 31.0 % -3.39%
Sweden
13.1 %
17,949 13.9 % 15,634 13.1 % -12.90%
Rest of the World
12.0 %
15,655 12.2 % 14,304 12.0 % -8.63%
Finland
8.2 %
12,242 9.5 % 9,773 8.2 % -20.17%

Managers

Managers TitleAgeSince
Director of Finance/CFO 53 31/10/21
Compliance Officer 55 31/12/17
Chief Tech/Sci/R&D Officer 56 31/12/04
Chief Tech/Sci/R&D Officer 61 31/12/00
Investor Relations Contact - 31/10/16
Public Communications Contact 54 31/12/12
Corporate Officer/Principal 51 31/12/10
Corporate Officer/Principal 62 31/12/86
Corporate Officer/Principal 65 31/12/89
General Counsel 56 14/05/23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 31/12/21
Chairman 70 31/12/20
Director/Board Member 57 10/09/14
Director/Board Member 68 31/12/21
Director/Board Member 55 27/10/21
Director/Board Member 54 31/12/18
Director/Board Member 62 31/12/14
Director/Board Member 59 31/12/10
Director/Board Member 59 13/04/21
63 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 725,652,056 584,154,246 ( 80.50 %) 25,000,719 ( 3.445 %) 77.56 %
Stock B 1 304,183,270 214,555,554 ( 70.53 %) 8,216,940 ( 2.701 %)

Shareholders

NameEquities%Valuation
Government of Sweden
7.589 %
53,169,947 7.589 % 307 M kr
Government of Finland
5.470 %
38,326,425 5.470 % 222 M kr
SSAB AB
3.568 %
25,000,719 3.568 % 145 M kr
Norges Bank Investment Management
3.380 %
23,682,471 3.380 % 137 M kr
Länsförsäkringar Fondförvaltning AB
1.090 %
7,638,759 1.090 % 44 M kr
Nordea Investment Management AB
0.7805 %
5,468,808 0.7805 % 32 M kr
Storebrand Asset Management AS
0.6539 %
4,581,559 0.6539 % 26 M kr
Indecap Fonder AB
0.4297 %
3,010,387 0.4297 % 17 M kr
Evli Fund Management Co. Ltd.
0.3954 %
2,770,085 0.3954 % 16 M kr
Allianz Global Investors GmbH
0.2612 %
1,830,015 0.2612 % 11 M kr
NameEquities%Valuation
Government of Sweden
13.56 %
54,962,761 13.56 % 319 M kr
Government of Finland
6.523 %
26,448,015 6.523 % 153 M kr
Swedbank Robur Fonder AB
5.229 %
21,200,252 5.229 % 123 M kr
SSAB AB
2.027 %
8,216,940 2.027 % 48 M kr
Allianz Global Investors GmbH
1.898 %
7,696,252 1.898 % 45 M kr
Norges Bank Investment Management
1.776 %
7,199,158 1.776 % 42 M kr
Ninety One UK Ltd.
1.420 %
5,757,833 1.420 % 33 M kr
Lightman Investment Management Ltd.
1.159 %
4,700,000 1.159 % 27 M kr
APG Asset Management NV
0.9100 %
3,689,332 0.9100 % 21 M kr
S.W. Mitchell Capital LLP
0.8960 %
3,632,659 0.8960 % 21 M kr

Holdings

NameEquities%Valuation
25,000,719 3.57% 144,529,407 $

Company contact information

SSAB AB

Klarabergsviadukten 70, D6

101 21, Stockholm

+46 84 54 57 00

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

Group companies

NameCategory and Sector
Steel
Wholesale Distributors
Steel
Wholesale Distributors
Steel
Financial Conglomerates
Steel
Steel
Steel

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
57.94 SEK
Average target price
77.07 SEK
Spread / Average Target
+33.02%
Consensus