Revenues reached SEK15,739m (+21%), EBITDA SEK1,627m (x2.2), EBIT SEK702m (vs SEK-193m) and net profit SEK502m (vs SEK-133m). Net debt at the end of Q1 was SEK17bn (vs SEK17.9bn in FY16 and SEK23.3bn a year ago (pre capital increase). Looking into Q2, shipments are expected to be somewhat higher during Q2 compared to Q1. It is anticipated that prices realised by SSAB during the second quarter “will increase compared to the prior quarter, however mitigated by increased raw material costs
21 Apr 2017
Q1 17 well in line
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Q1 17 well in line
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
21 Apr 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Revenues reached SEK15,739m (+21%), EBITDA SEK1,627m (x2.2), EBIT SEK702m (vs SEK-193m) and net profit SEK502m (vs SEK-133m). Net debt at the end of Q1 was SEK17bn (vs SEK17.9bn in FY16 and SEK23.3bn a year ago (pre capital increase). Looking into Q2, shipments are expected to be somewhat higher during Q2 compared to Q1. It is anticipated that prices realised by SSAB during the second quarter “will increase compared to the prior quarter, however mitigated by increased raw material costs