Releases - SSAB

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2000

 

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Sharp rise in profit

SSAB today presented its results for the first three quarters of the year.
Profit after financial items amounted to SEK 1,391 (146) million. The
profit includes SEK 575 million which constitutes the net effect of
disbursements of surplus funds from SPP and additional energy taxes for
the years 1995-1999. Excluding non-recurring items, profit thus improved
by SEK 670 million to SEK 816 (146)...

Report for the first three quarters of 2000

Profit after financial items, excluding non-recurring items, improved by
SEK 670 million to SEK 816 (146) million as a result of increased volumes
and improved margins in the steel operations. In addition, SEK 575 million
was included in the profit as a net effect of disbursements of surplus
funds from SPP and additional energy taxes for the years 1995-1999. Profit
after financial items thus...

Third quarter 2000

Report for the first three quarters of 2000

Profit after financial items, excluding non-recurring items, improved by SEK 670 million to SEK 816 (146) million as a result of increased volumes and improved margins in the steel operations. In addition, SEK 575 million was included in the profit as a net effect of disbursements of surplus funds from SPP and additional energy taxes for the years 1995-1999. Profit...

Second quarter 2000

Report for the first three quarters of 2000

Profit after financial items, excluding non-recurring items, improved by SEK 670 million to SEK 816 (146) million as a result of increased volumes and improved margins in the steel operations. In addition, SEK 575 million was included in the profit as a net effect of disbursements of surplus funds from SPP and additional energy taxes for the years 1995-1999. Profit...

Half Year Report 2000

* Profit after financial items, excluding non-recurring items, improved by
SEK 561 million to SEK 908 (347) million as a result of increased volumes
and improved margins.
* In addition, profit includes SEK 625 million as a result of forthcoming
disbursements of surplus funds from SPP. Thus, profit after financial
items amounted to SEK 1,533 (347) million.
* The major blast furnace...

Sharp rise in profit

SSAB today presented its results for the first half of the year. Profit
after financial items amounted to SEK 1,533 (347) million. The profit
includes SEK 625 million due to forthcoming disbursements from SPP.
Excluding non-recurring items, profit thus improved by SEK 561 million to
SEK 908 (347) million as a consequence of improved margins in the steel
operations and increased volumes...

Industrivärden issues options to SSAB's executive management

SSAB's executive management has stated its intention to purchase call op-
tions in SSAB over a four-year period. This is the second year that op-
tions are being purchased within this program.

In its capacity as a major shareholder in SSAB, Industrivärden has offered
SSAB's management team the opportunity to purchase call options, at market
terms, in 2000. The purpose of the offer is...

Torsten Sandin at SSAB's Shareholders' Meeting

In his presentation at the shareholders' meeting in Oxelösund, SSAB's CEO
Torsten Sandin illustrated the importance of SSAB's niche orientation from
several perspectives.

High-strength steel results in lower consumption of resources
-Until now, the environmental debate has often concentrated on the issue
of emissions. I believe that it is also important to place our operations
and...

Report for the first quarter of 2000

Strong Increase in Profit

SSAB today presented its results for the first quarter of the year. Profit
after financial items increased by SEK 370 million to SEK 478 (108)
million. The increase in profit is due to improved margins and increased
volumes in all operations.

-Demand has been good and, as planned, we have been able to increase
prices for our sheet products. In...

First quarter 2000

Report for the first quarter of 2000

Profit after financial items increased by SEK 370 million to SEK 478 (108) million as a consequence of increased volumes and improved margins.
Continued increases in deliveries of the steel operations' niche products - high-strength sheet and quenched steels within the plate area.
For the year as a whole, it is anticipated that margins in the steel operations will continue...

SSAB

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to reach a stronger, lighter and more sustainable world. SSAB employs 9 200 people in ov...

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  • Tommy Löfgren
  • Director External Communications
  • +46 705 259 414
  • +46 8 454 57 55
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