SSAB’s Q2 results were decent, albeit lower than expectations Iron-ore prices and a weakening European demand were the key factors The Q3 outlook is rather cautious Valuation ratios look rather cheap, but investors will be happy to wait until visibility improves
19 Jul 2019
Q2 19: down a tick more than expected
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Q2 19: down a tick more than expected
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
19 Jul 2019 -
Author:
Fabrice Farigoule -
Pages:
3
SSAB’s Q2 results were decent, albeit lower than expectations Iron-ore prices and a weakening European demand were the key factors The Q3 outlook is rather cautious Valuation ratios look rather cheap, but investors will be happy to wait until visibility improves