Sweden's SSAB Q4 revenue falls on weak steel market

SSAB AB

28/01/2026 06:40

Overview

Steel company's Q4 revenue fell yr/yr, while operating result improved significantly

Earnings per share for Q4 slightly decreased compared to last year

Company continues transformation to fossil-free steel production with new facilities

Outlook

SSAB expects EU trade measures to improve European steel market balance

Company continues transformation to fossil-free steel production

SSAB's US production strategy mitigates impact of steel tariffs

Result Drivers

AMERICAS PERFORMANCE - Improved operating result from SSAB Americas contributed to Q4 results

PREMIUM STRATEGY - SSAB's strategy to increase premium offerings supported margins despite weak steel market

EUROPEAN ADAPTATION - Cost measures in Europe helped mitigate impacts of weak market conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 22.11 bln
Q4 EPS
SEK 0.44
Q4 EBIT
SEK 756 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for SSAB AB is SEK85.00, about 9% above its January 27 closing price of SEK77.96

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nWkrSRySD

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)