• Revenue was SEK 14,481 (18,840) million
• EBITDA was SEK -66 (1,327) million
• Operating profit/loss was SEK -973 (300) million
• Earnings per share were SEK -0.72 (0.03)

Comments by the CEO

SSAB's targets for greenhouse gas emissions including carbon dioxide have been approved by the Science Based Targets initiative. The approval means that the objective is scientifically based and in line with the Paris Agreement.

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SSAB is committed to reducing its greenhouse gas (CO2e) emissions by 35 percent by 2032 (based on 2018 figures). The goal applies to both direct and indirect emissions (Scope 1 and 2) and is in line with the objective of keeping global warming well below 2°C. This goal has now been approved by the Science Based Targets initiative.

SSAB invites you to a presentation of the quarterly report at 9.30am CEST on Thursday October 22, 2020. The briefing will take place by conference call that will also be webcast on SSAB's website. The report is scheduled for publication at 7.30am CEST on the same date.

The interim report for the third quarter of 2020 will be presented by SSAB's President and CEO Martin Lindqvist, and CFO Håkan Folin.
The briefing will be held in English.

Time of briefing: Thursday, October 22, 2020 at 9.30am CEST.

Teleconference numbers:

SSAB, LKAB ja Vattenfall käynnistivät tänään HYBRIT-hankkeen maailmanlaajuisesti ainutlaatuisen fossiilivapaan rautasienen pilottituotantolaitoksen Ruotsin Luulajassa. Kyseessä on yksi ratkaiseva askel kohti fossiilivapaan teräksen tuotantoa. Ruotsin pääministeri Stefan Löfven käynnisti laitoksen yhdessä varapääministeri, ilmastoministeri Isabella Lövinin, SSAB:n toimitusjohtaja Martin Lindqvistin, LKAB:n toimitusjohtaja Jan Moströmin ja Vattenfallin toimitusjohtaja Magnus Hallin kanssa. SSAB:n, LKAB:n ja Vattenfallin tavoitteena on luoda täysin fossiilivapaa teräksen arvoketju.