FY18 results: revenues reached SEK74,941m (+13.4%), EBITDA SEK8,952m (+17.9%), EBIT SEK5,181m 3,838m (+35%) and net profit SEK3,805m (+65%). Net cash flow was SEK3,435m, leading to a net debt at the end of 2018 of SEK8.6bn (vs SEK10.2bn in Q3, SEK11.9bn in Q2 and SEK11.6bn at year-end 17) compared to a target of SEK10bn. The dividend proposed is SEK1.50, significantly higher than in 2017 (SEK1.00). In terms of outlook, the tone is rather positive for Q1, with demand expected to remain fairly
29 Jan 2019
Results a tick under consensus, with a decent outlook though
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Results a tick under consensus, with a decent outlook though
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
29 Jan 2019 -
Author:
Fabrice Farigoule -
Pages:
2
FY18 results: revenues reached SEK74,941m (+13.4%), EBITDA SEK8,952m (+17.9%), EBIT SEK5,181m 3,838m (+35%) and net profit SEK3,805m (+65%). Net cash flow was SEK3,435m, leading to a net debt at the end of 2018 of SEK8.6bn (vs SEK10.2bn in Q3, SEK11.9bn in Q2 and SEK11.6bn at year-end 17) compared to a target of SEK10bn. The dividend proposed is SEK1.50, significantly higher than in 2017 (SEK1.00). In terms of outlook, the tone is rather positive for Q1, with demand expected to remain fairly