SSAB released Q3 results. Revenues reached SEK13,477m (-1%), EBITDA SEK1,635m (x2.2), EBIT SEK707m (vs SEK-191m) and net profit SEK591m (vs SEK-285m). Over 9 months, revenues reached SEK40,912m (-9.1%), EBITDA SEK3,885m (+12.3%), EBIT SEK1,106m (vs SEK635m) and the net result SEK870m (vs SEK167m). Net debt at the end of Q3 was SEK18.2bn (vs SEK18.4bn in H1 and SEK23.1bn by year-end 15 (pre-capital increase)).
28 Oct 2016
Q3 16 in line; some hopes on prices but Q4 to be softer
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q3 16 in line; some hopes on prices but Q4 to be softer
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
28 Oct 2016 -
Author:
Fabrice Farigoule -
Pages:
2
SSAB released Q3 results. Revenues reached SEK13,477m (-1%), EBITDA SEK1,635m (x2.2), EBIT SEK707m (vs SEK-191m) and net profit SEK591m (vs SEK-285m). Over 9 months, revenues reached SEK40,912m (-9.1%), EBITDA SEK3,885m (+12.3%), EBIT SEK1,106m (vs SEK635m) and the net result SEK870m (vs SEK167m). Net debt at the end of Q3 was SEK18.2bn (vs SEK18.4bn in H1 and SEK23.1bn by year-end 15 (pre-capital increase)).