Q1 18 results: not bad, no reason to be over-excited though. Revenues reached SEK17,388m (+10.4%), EBITDA SEK1,836m (+12.8%), EBIT SEK916m (+30.4%) and net profit SEK502m (+33.5%). Net debt at the end of Q1 was SEK11.4bn (vs SEK11.6bn at year-end 2017, SEK17bn in FY16 and SEK23.3bn a year ago, i.e. pre capital increase). Looking into Q2, shipments are expected to be somewhat higher during Q2 compared to Q1 in strip and heavy plate, while Special Steel could be flat or somewhat down. It is ant
20 Apr 2018
Q1 18: about fine, but nothing more than that
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Q1 18: about fine, but nothing more than that
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
20 Apr 2018 -
Author:
Fabrice Farigoule -
Pages:
3
Q1 18 results: not bad, no reason to be over-excited though. Revenues reached SEK17,388m (+10.4%), EBITDA SEK1,836m (+12.8%), EBIT SEK916m (+30.4%) and net profit SEK502m (+33.5%). Net debt at the end of Q1 was SEK11.4bn (vs SEK11.6bn at year-end 2017, SEK17bn in FY16 and SEK23.3bn a year ago, i.e. pre capital increase). Looking into Q2, shipments are expected to be somewhat higher during Q2 compared to Q1 in strip and heavy plate, while Special Steel could be flat or somewhat down. It is ant