SSAB : Result for the third quarter 2022 presentation
October 25, 2022 at 01:53 am EDT
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Presentation of the Q3/2022 report
Martin Lindqvist, President & CEO Leena Craelius, CFO
October 25, 2022
Agenda
►Q3/2022 in brief ►Financials ►Outlook and summary ►Q&A
2
Q3/2022 in brief
3
Highlights in the third quarter
Operating profit exceeded last year
5,800
6,742
1,600
300
-973
Q3/18
Q3/19
Q3/20
Q3/21
Q3/22
Improved safety performance (LTIF, r12m)
6.10
4.70 4.20
1.90
1.15
Q3/18
Q3/19
Q3/20
Q3/21
Q3/22
SSAB Special Steels reached record operating profit (SEK m)
2,411
536
995
352
34
Q3/18
Q3/19
Q3/20
Q3/21
Q3/22
Strong balance sheet (net cash, SEK bn)
8.7
-3.4
-10.2-11.4 -12.9
4
Q3/18
Q3/19
Q3/20
Q3/21
Q3/22
Record earnings for SSAB Special Steels
► Unique global sales organization with
Operating profit, SEK m
EBIT
margin
28.6%
local stocks
► Leading product offering
► Driving market growth by developing
new applications
536 352
2,411
995
34
Diversified sales
Asia, Latam,
Africa, ME
Europe
28%
43%
North
America
30%
Q3/18
Q3/19
Q3/20
Q3/21
Q3/22
Q&T main product area
AHSS
20%
Q&T
80%
Share of revenue, first 9 months of 2022
Share of shipments, first 9 months of 2022
5
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SSAB AB published this content on 25 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2022 05:52:05 UTC.
SSAB AB specializes in manufacturing and distribution of specialty steel. Net sales break down by activity as follows:
- steel processing (78.6%): processing of steel and aluminum sheets for industry or construction (the group is the leading manufacturer of steel sheets in Scandinavia), production of laminated steel, metal plate and hardened steel used mainly in equipment for the construction and mining industries (world's leading manufacturer) and manufacture of safety components for the automotive industry;
- trading of steel products (12.8%): metals, building products, tools, machinery, etc. Tibnor is Sweden's leading steel trading company;
- sale of construction materials (5.3%; Ruukki Construction);
- other (3.3%).
Net sales are distributed geographically as follows: Sweden (13.9%), Finland (9.5%), Europe (34.6%), the United States (29.8%) and other (12.2%).