SSAB’s Q3 17 highlights: revenues reached SEK16,188m (+20.1%), EBITDA SEK2,016m (+23.3%), EBIT SEK1,089m (vs SEK707m) and net profit SEK583m (vs SEK591m). Net debt at the end of Q3 was SEK13,994m (vs SEK15,738m at the end of H1 17 SEK17,887m at year-end 2016). In terms of outlook, the group expects Q4 shipments to be in line with Q3, although prices could be somewhat lower due to SSAB America and a seasonally weaker mix in Europe.
25 Oct 2017
Q3 17 in line and deleveraging continues
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Q3 17 in line and deleveraging continues
SSAB AB Class A (SSABAH:HEL) | 0 0 1.3% | Mkt Cap: 42,250m
- Published:
25 Oct 2017 -
Author:
Fabrice Farigoule -
Pages:
2
SSAB’s Q3 17 highlights: revenues reached SEK16,188m (+20.1%), EBITDA SEK2,016m (+23.3%), EBIT SEK1,089m (vs SEK707m) and net profit SEK583m (vs SEK591m). Net debt at the end of Q3 was SEK13,994m (vs SEK15,738m at the end of H1 17 SEK17,887m at year-end 2016). In terms of outlook, the group expects Q4 shipments to be in line with Q3, although prices could be somewhat lower due to SSAB America and a seasonally weaker mix in Europe.