Releases - SSAB

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2002

 

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Thomas Björk New President of Plannja

12/10/2002 8:44 AM EST
Thomas Björk has been appointed new President of Plannja. Thomas Björk
will take office during the first half of 2003. He will replace Jan
Hedlund, President pro tem.

Thomas Björk is today President of Norrbottens Lantmän (Member of the
Swedish Farmers´ Supply and Crop Marketing Cooperative). Thomas Björk,
born in 1956, is Bachelor of Science (Econ.). In 1994 he left the
position...

Continued growth for niche products

10/23/2002 7:52 AM EST
SSAB today presented its accounts for the third quarter of 2002. Profit
after financial items amounted to SEK 556 (868) million. Excluding non-
recurring items, profit for the seasonally weak third quarter increased
by SEK 75 million to SEK 79 (4) million.

- Pending 2002 we concentrated on three areas in order to counteract an
anticipated weaker steel market, emphasises CEO Anders...

Report for the first three quarters of 2002

10/23/2002 7:47 AM EST
Report for the First Three Quarters of 2002

· Profit after financial items for the seasonally weak third
quarter, excluding non-recurring items, increased by SEK 75 million
to SEK 79 (4) million. Profit for the first three quarters thus
amounted to SEK 556 (868) million.

· Deliveries of the niche products of high strength sheet and
quenched steel increased during...

Third quarter 2002

10/23/2002 6:00 AM EST
Report for the First Three Quarters of 2002

Profit after financial items for the seasonally weak third quarter, excluding non-recurring items, increased by SEK 75 million to SEK 79 (4) million. Profit for the first three quarters thus amounted to SEK 556 (868) million.
Deliveries of the niche products of high strength sheet and quenched steel increased during the third quarter by 12% compared with last year...

Repayment of SPP Pension Premiums

10/3/2002 1:16 PM EST
Alecta today has announced that Alecta as from 3 October 2002 will
tempoarily freeze all repayment of SPP premiums previously paid for. No
information is available on how long this temporary freezing might be.

The consolidated balance sheet of August 31st includes receivables
amounting to SEK Million 387 concerning future repayment of these funds.
There is an agreement with Alecta that...

Mikael Nyquist New President of Tibnor

9/13/2002 4:49 AM EST
Mikael Nyquist has been appointed new President of Tibnor with effect
from
1 January, 2003. He replaces Sven Bergman who has been President of
Tibnor
since 1988 and will retire in 2003.

Mikael Nyquist is today President of Plannja , the building sheet
company of the SSAB Group. Mikael Nyquist, born in 1963, is Master of
Engineering, graduate from The Royal Institute of...

Positive earnings trend

7/22/2002 8:02 AM EST
SSAB today presented its Half Year Report for 2002. Profit after
financial items amounted to SEK 477 (786) million. Profit for the second
quarter, SEK 295 million, thus represents a considerable improvement on
the profit for the first quarter, which amounted to SEK 182 million.

- We believe that the downturn in the economy in Western Europe that
began in the autumn of 2000 has now...

Half Year Report 2002

7/22/2002 8:00 AM EST
· Profit after financial items for the second quarter was largely
at last year's level, amounting to SEK 295 (321) million. Profit for the
first half of the year amounted to SEK 477 (786) million.

· Deliveries of niche products increased during the second
quarter by just over 15% compared with last year.

· Following a strong cash flow during the second...

Second quarter 2002

7/22/2002 6:00 AM EST
Half Year Report 2002

Profit after financial items for the second quarter was largely at last year’s level, amounting to SEK 295 (321) million. Profit for the first half of the year amounted to SEK 477 (786) million.
Deliveries of niche products increased during the second quarter by just over 15% compared with last year.
Following a strong cash flow during the second quarter, cash flow for the first half of...

Anders Ullberg at SSAB's General Meeting

4/26/2002 9:18 AM EST
In his address to the Annual General Meeting in Luleå, SSAB's CEO,
Anders Ullberg, dwelt on, among other things, the steel business cycle,
SSAB's niche orientation, and the American steel tariffs.

Developments in 2001
- 2001 was a weak year for steel. Admittedly, global steel consumption
reached a new all-time high level thanks to China. However, in the rest
of the world, steel...

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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