The second quarter
- Revenue was
SEK 31,777 (35,516) million - Operating result was
SEK 4,963 (10,390) million - Earnings per share were
SEK 3.81 (7.79) - Net cash was
SEK 11.7 (7.2) billion - Investment decision for Oxelösund, transition to fossil-free steelmaking progressing to plan
Comments by the CEO
SSAB's operating result for the second quarter of 2023 was
SSAB Special Steels' operating result* was
Safety performance continued to improve and Lost Time Injury Frequency (LTIF) decreased to 1.01 (1.56) in the second quarter.
Demand in
*) Adjusted operating result is applied for comparative information, no items affecting comparability were reported in the second quarter of 2023.
Investments in the Nordic production system to remove carbon dioxide emissions, lower costs and strengthen the product portfolio continue according to plan. In order to continue to keep up a high pace and lead to fossil-free transformation, SSAB's Board has taken the decision to invest
There is strong demand for steel with no carbon dioxide footprint and the focus is on the ramp-up of SSAB's unique new product, SSAB Zero, with 0.0 kg emissions of fossil carbon dioxide equivalents per kg of steel. During the quarter, SSAB launched a study with
SSAB invites you to a presentation of the report for Q2 2023 at
The report will be presented by SSAB's President and CEO
The press conference will be held in English and live webcast on SSAB's website www.ssab.com.
Link to webcast: https://edge.media-server.com/mmc/p/z2dvvb6r
You can also participate in the briefing by telephone. Click on the link below and complete the online registration form. You can chose if you want to dial in or click "Call Me" for a call-back.
Link to teleconference: https://register.vevent.com/register/BI153cce85193d42efb4a6f43675e77176
For further information, please contact:
Per Hillström, Head of Investor Relations, per.hillstrom@ssab.com, phone: +46 702 95 29 12
viktoria.karsberg@ssab.com, phone: +46 72 233 5288
This information is inside information that
SSAB is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in
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https://mb.cision.com/Public/980/3808158/8135e01e5e825df6.pdf
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