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Last kr47.60 SEK
Change Today +2.05 / 4.50%
Volume 7.5M
SSABA On Other Exchanges
As of 11:30 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

ssab ab-a shares (SSABA) Snapshot

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07/24/14 - kr71.80
52 Week Low
01/20/15 - kr38.00
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ssab ab-a shares (SSABA) Details

SSAB AB produces and sells steel products in Sweden and internationally. It operates in five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The company offers structural steel for sustainable and lightweight solutions; wear plate for maximum payload and service life; cold rolled steel for lightweight and safe components; structural steel for heavy and demanding applications; pre-painted steel for buildings; protection plate for the safety of life and property; and engineering and tool steel. It also provides products include quenched steel, heavy plates, and various strip products, as well as tubes and sections, and infra products. In addition, the company offers hot- and cold-rolled, and heavy plate coils, as well as metal-coated products; beams, merchant bars, hollow sections, and reinforcement bars; aluminum and copper stainless steel and non-ferrous metals; steel tubes and profiles; and steel piles. Further, it provides steel roofs, rainwater systems, and accessories; building components, such as sandwich panels, load-bearing sheets, and façade claddings; solutions for single- and multi-storey commercial, office, and industrial construction, including steel frame, and roof and wall components; and design, installation, and other services. Additionally, the company is involved in the provision of value added services, such as design, processing, logistics, and aftermarket services. SSAB AB markets its steel products under the Hardox, Raex, Domex, Weldox, Optim, Toolox, Armox, and Ramor brand names. It also exports its products. The company offers its products to heavy transport, automotive, energy, material handling, infrastructure, agriculture, construction, manufacturing, and mining industry customers. SSAB AB was founded in 1978 and is headquartered in Stockholm, Sweden.

16,887 Employees
Last Reported Date: 03/16/15
Founded in 1978

ssab ab-a shares (SSABA) Top Compensated Officers

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Executives, Board Directors

ssab ab-a shares (SSABA) Key Developments

SSAB AB Announces Board Changes; Resolves Not Pay Dividends for the Financial Year 2014

Bengt Kjell was elected as a new director and as the new Chairman of the Board of SSAB AB, at the AGM held on April 8, 2015. Chairman Sverker Martin-Lof and director Jan Johansson were resigning members of the Board. The AGM also resolved that no dividends be paid for the financial year 2014.

SSAB Reports Consolidated and Parent Earnings Results for the Full Year Ended December 31, 2014

SSAB reported consolidated and parent earnings results for the full year 2014. For the period, on consolidated basis, the company reported sales of SEK 47,752 million against SEK 36,455 million a year ago. Operating loss was SEK 107 million against SEK 1,131 million a year ago. Loss attributable to shareholders was SEK 1,399 million or SEK 3.33 loss per share against SEK 1,066 million or SEK 3.29 loss per share a year ago. Cash flow from operating activities was SEK 1,737 million against SEK 1,735 million a year ago. Investments in plants and machinery was SEK 1,672 million against SEK 807 million a year ago. As on date, net debt was SEK 24,674 million against SEK 14,833 million a year ago. Negative return on equity after tax was 4% against 4% a year ago. For the period, on parent basis, the company reported operating loss was SEK 232 million against SEK 62 million a year ago. Profit before tax was SEK 924 million against SEK 96 million a year ago. Profit was SEK 706 million against SEK 113 million a year ago. Cash outflow from operating activities was SEK 948 million against SEK 421 million a year ago. Investments in fixed assets was SEK 2 million.

SSAB Special Steels Announces Earnings and Production Results for the Year Ended December 31, 2014

SSAB Special Steels announced earnings and production results for the year ended December 31, 2014. For the year, on IFRS basis, sales were SEK 11,871 million. Operating profit was SEK 518 million. For the year, on pro forma basis, sales were SEK 13,226 million against SEK 12,847 million a year ago. Operating profit before depreciation/amortization was SEK 1,265 million against SEK 1,051 million a year ago. Operating profit was SEK 726 million against operating profit of SEK 501 million a year ago. The improvement was primarily due to lower raw material cost. For the year, the company crude steel production increased with 5% and steel production increased by 9% compared with 2013.


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