Sales reached SEK12,964m (-16.1%), EBITDA SEK764m (-50.%), operating income SEK -190m (vs SEK564m) , net profit SEK-131m (vs SEK314m). Operating cash-flow reached SEK77m (vs SEK784m last year). The group expects stable demand in Q2 with slightly higher prices. Net debt at the end of Q1 stood at SEK23,213m vs 23,156 (at the end of FY15).
22 Apr 2016
SSAB’s uninspiring Q1 16 and a SEK5bn rights issue
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SSAB’s uninspiring Q1 16 and a SEK5bn rights issue
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
22 Apr 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Sales reached SEK12,964m (-16.1%), EBITDA SEK764m (-50.%), operating income SEK -190m (vs SEK564m) , net profit SEK-131m (vs SEK314m). Operating cash-flow reached SEK77m (vs SEK784m last year). The group expects stable demand in Q2 with slightly higher prices. Net debt at the end of Q1 stood at SEK23,213m vs 23,156 (at the end of FY15).