Brief: SSAB Q2 Operating Result SEK 2.14 Bln

SSAB AB

23/07/2025 06:42

July 23 (Reuters) - SSAB AB SSABa.ST:

Q2 REVENUE WAS SEK 25,631 (28,282) MILLION

REPORTS Q2 OPERATING RESULT OF SEK 2,140 MILLION

ON TARIFFS: LARGEST IMPACT WAS SEEN ON EUROPEAN STEEL MARKET, WHICH WEAKENED

TURBULENCE OF TARIFFS AND TRADE BARRIERS RESULTED IN INCREASED UNCERTAINTY DURING Q2

TARIFFS: LARGEST IMPACT WAS SEEN ON EUROPEAN STEEL MARKET, WHICH WEAKENED

SSAB EUROPE TO ADJUST PRODUCTION, STAFFING LEVELS DURING Q3, WHICH IS ALSO TYPICALLY SEASONALLY SLOW

PLANNED START-UP OF NEW STEEL MILL IN LULEÅ WILL BE PUSHED BACK BY 12 MONTHS, FROM END OF 2028 TO END OF 2029

REVISED TIMELINE IS NOT EXPECTED TO AFFECT PREVIOUSLY COMMUNICATED INVESTMENT AMOUNT OF EUR 4.5 BILLION

Q3 OUTLOOK: SSAB SPECIAL STEELS SHIPMENTS TO BE LOWER Q/Q

Q3 OUTLOOK: SSAB EUROPE SHIPMENTS SIGNIFICANTLY LOWER Q/Q

Q3 OUTLOOK: SSAB AMERICAS SHIPMENTS SOMEWHAT LOWER Q/Q

Source text: ID:nWkrblTbNP

Further company coverage: [SSABa.ST]

 (Gdansk Newsroom)

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