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Invitation to SSAB’s fourth quarter 2011 results briefing

2/3/2012 2:00 AM EST  -   SSAB
SSAB invites you to a presentation of the quarterly report at 09.30 a.m. CET on Friday, February 10, 2012. The report is scheduled for publication at 08:00 a.m. CET the same date.
The fourth quarter report 2011 will be presented by SSAB’s President and CEO Martin Lindqvist and CFO Marco Wirén.

The press conference will be held in English and live webcasted on SSAB’s website www.ssab.com. It is also possible to...
Deere & Company
 

John Deere wins Swedish Steel Prize 2011

11/17/2011 4:20 PM EST  -   SSAB
This year’s Swedish Steel Prize goes to the manufacturer Deere & Company (John Deere) headquartered in Moline, Illinois, USA.  By using high strength steels, the company has developed combines that harvest crops more efficiently while meeting stringent engine emissions requirements.
The aim of the Swedish Steel Prize is to inspire and disseminate knowledge about high strength steels and the possibilities to...

SSAB Report for the third quarter of 2011

10/28/2011 2:00 AM EST  -   SSAB
The quarter · Sales increased by 10% and reached SEK 10,917 (9,902) million  · Operating profit improved to SEK 502 (289) million. · Profit after financial items improved to SEK 392 (151) million · Earnings per share of SEK 1.19 (0.51)                    · Operating cash flow SEK 301 (-686) million and cash flow from current operations SEK 16 (-900) million   · Shipments of niche products were up 19%...

2011 Swedish Steel Prize Finalists

10/11/2011 7:00 AM EST  -   SSAB
The winner of the 2011 Swedish Steel Prize will be announced on November 17. Four finalists have been nominated for the prize for the best design in high strength steel. The jury has selected innovations for agriculture and occupational safety, along with an arena construction project.
The Swedish Steel Prize is awarded for innovative designs in high-strength steel.
The aim is to inspire, encourage, and...

SSAB Report for the second quarter of 2011

7/22/2011 2:00 AM EST  -   SSAB
The quarter

· Sales increased by 8% and amounted to SEK 11,769 (10,911) million
· Operating profit improved to SEK 1,323 (708) million. Currency affects earnings by SEK +100 million
· Profit after financial items improved to SEK 1,179 (624) million. Currency affects earnings by SEK +120 million
· Earnings per share of SEK 2.73 (1.64)
· Operating cash flow of SEK 590 (341) million and cash flow from current...

Invitation to SSAB’s second quarter 2011 results briefing

7/12/2011 4:00 AM EST  -   SSAB
SSAB invites to a presentation of the quarterly report on Friday, July 22, 2011. The report is scheduled for publication at 08:00 a.m. CET the same date.
The second quarter report 2011 will be presented by SSAB’s President and CEO Martin Lindqvist and CFO Marco Wirén.

The press conference will be held in English and live webcasted on SSAB’s website www.ssab.com. It is also possible to participate in the...

SSAB appoints two new Heads of Business Areas

7/4/2011 2:45 AM EST  -   SSAB
SSAB today appointed new Heads of the SSAB Americas and SSAB EMEA Business Areas. Both will become members of SSAB’s Group Executive Committee. Charles Schmitt will head the Americas Business Area. He is a member of SSAB America’s management team and currently head of the Southern Business Unit in SSAB Americas. Melker Jernberg, currently SVP at the truck and bus manufacturer Scania, will be the new Head of EMEA.

SSAB becomes full owner of Tibnor

5/24/2011 2:30 AM EST  -   SSAB
SSAB is becoming the full owner of the steel and non-ferrous metals distributor Tibnor. This is taking place by SSAB, which currently owns an 85% stake in the company, acquiring Outokumpu’s 15% minority stake.
Tibnor is a leading steel and non-ferrous metals distributor in Sweden and the rest of the Nordic region, and also has a subsidiary in Latvia.

“Tibnor is an important channel for reaching our customers...

Changes in SSAB’s Group Executive Committee

4/29/2011 2:05 AM EST  -   SSAB
David Britten, President of SSAB Americas, leaves the company to take up a position with a US based steel company. He will be temporarily replaced by Steve Hansen, PhD and Chief Technical Officer, until a permanent successor has been appointed.
- David Britten has done very good work for SSAB. During his tenure, SSAB Americas has developed strongly and showed a very good profitability, says Martin Lindqvist,...

SSAB’s report for the first quarter of 2011

4/29/2011 2:00 AM EST  -   SSAB
The quarter • Sales increased by 25 % to SEK 11,056 (8,865) million  • Operating profit improved to SEK 616 (168) million. Currency affects earnings by SEK -300 million.   • Profit after financial items improved to SEK 504 (83) million. Currency affects earnings by SEK -300 million.             • Earnings per share of SEK 1.20 (0.44)                   • Operating cash flow of SEK 237 (256) million and...