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SSAB B

Analyst

Tulevat tapahtumat

29
Jan
Tilinpäätöstiedotteet

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Stock release
19.9.
2019

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GreenCoat® is SSAB's brand for innovative and environmentally-friendly color-coated steel for roofs, façades and rainwater systems. It is a unique and patented system where Nordic rapeseed oil has replaced a large part of the fossil solvent in the paint.

"It feels very good to be appointed an official partner of SSAB. Together with our customers, we can now further strengthen our position in the Finnish market and continue to be fast, flexible and even more environmentally aware," says Janne Lahtela, CEO, at JanLa Oy.

Stock release
19.9.
2019

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UN Secretary-General António Guterres has invited the world to a Climate Action Summit on September 23 to present concrete, realistic plans to reduce greenhouse gas to net zero emissions by 2050. There is still a window of opportunity to achieve a hold in the increase of global average temperature to well below 2°C and even, to 1.5°C above pre-industrial levels. The Summit will bring together governments, the private sector, civil society, local authorities and other international organizations to develop ambitious solutions

Stock release
17.9.
2019

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The temporary layoffs concern SSAB Europe, which has the largest sites in Raahe and Hämeenlinna, as well as Group functions. The exact allocation of layoffs will be determined over the coming weeks. Any need for termporary lay-offs in early 2020 will be assessed separately.

For further information, please contact:
Atte Kaksonen, Press Officer, Finland, atte.kaksonen @ssab.com, tel. +358 50 3143 634
Mia Widell, Press Relations Manager, Sweden,  (mailto:)mia.widell @ssab.com, tel. +46 76 527 2501.

Stock release
29.8.
2019

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The negotiations to be initiated concern potential temporary lay-offs in the Finnish operations, excluding Lappohja tube mill and the subsidiaries Ruukki Construction, Tibnor, Raahen Voima and Presteel. The negotiations can result in temporary lay-offs of a maximum of 90 days. The exact number of employees as well as the lengths of the temporary lay-offs will be decided in the negotiations. The negotiations will be started on September 2 and are expected to last for a minimum of two weeks.

Stock release
25.7.
2019

Subject to approval of the relevant regulatory authorities, the transaction is expected to close in the second half of 2019.

Stock release
19.7.
2019

Subject to the approval of relevant competition authorities, the transaction is expected to close by the end of 2019. The business now being divested had sales of around SEK 1.1 billion in 2018 with a breakeven result on EBIT-level.

Building Systems employs some 500 persons, who will transfer to the service of the new owner under their existing terms and conditions of employment. Building Systems is a project business that specialises in the design, manufacture and installation of building frame, envelope and bridge structures.

Stock release
19.7.
2019

Comments by the CEO

SSAB's operating profit for the second quarter of 2019 was SEK 1,316 million, down SEK 314 million compared with the second quarter of 2018. Lower earnings were attributable to SSAB Europe, which was affected primarily by higher iron ore costs. Group operating cash flow increased to SEK 1,696 (1,325) million.

Demand for SSAB Special Steels was good during the quarter. Operating profit was somewhat higher than a year earlier at SEK 544 (522) million. Higher realized prices were largely counteracted by higher iron ore costs.

Stock release
9.7.
2019

The interim report for the second quarter of 2019 will be presented by SSAB's President and CEO Martin Lindqvist, and CFO Håkan Folin. The press conference will be held in English and live webcast on SSAB's website www.ssab.com. It is also possible to participate in the briefing via telephone. The conference starts at 10.30am CEST.

Telephone numbers:
+ 46 8 5664 2651 (Sweden),
+ 44 33 3300 0804 (UK),
+ 1 63 1913 1422 (USA).

PIN: 55 13 29 99#

Stock release
8.7.
2019

The interim report for the second quarter of 2019 will be presented by SSAB's President and CEO Martin Lindqvist, and CFO Håkan Folin. The press conference will be held in English and live webcast on SSAB's website www.ssab.com. It is also possible to participate in the briefing via telephone. The conference starts at 9.30am CEST.

Telephone numbers:
+ 46 8 5664 2651 (Sweden),
+ 44 33 3300 0804 (UK),
+ 1 63 1913 1422 (USA).

PIN: 55 13 29 99#

Stock release
18.6.
2019

DNB Markets and Nordea Bank Abp acted as financial advisors for the bond issue.

For further information, please contact:
Henrik Rodenström, Vice President and Head of Treasury, phone: +46 76 544 1014, [email protected]
Peter Nordquist, Head of Funding and Markets Operations, phone: +46 72 561 5573,
[email protected]

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