SSAB Logo

SSAB

ISIN

SE0000171100

Ticker

SSAB

Sector

Materials

Sub-Industry

Steel

Country

Sweden

Year Founded

1978

About SSAB

Company Description

SSAB is a global steel company with a leading position in high-strength steels and related services. Our vision is a stronger, lighter and more sustainable world. SSAB aims to be the first, in 2026, to offer fossil-free steel to the market and largely eliminate carbon dioxide emissions from our own operations in around 2030.

Our business segments – Leaders in their respective sectors
SSAB Special Steels

Global steel supplier and service partner in Quenched & Tempered Steels (Q&T) and Advanced High-Strength Steels (AHSS)

SSAB Europe

Leading Nordic-based premium steel producer of high-quality strip, plate and tubular products

SSAB Americas

North American steel producer, market-leading in high-quality steel plate and coil

Tibnor

Leading supplier of steel, other metals and processing services in the Nordics

Ruukki Construction

Sustainable building products and services in Europe

Headcount

14,000

Served Area

Worldwide

Headquarters

Klarabergsviadukten 70
10121, Stockholm
Sweden

Financial statements

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Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 88,601,000,000.00 112,019,000,000.00 109,711,000,000.00
Noncurrent Assets N/A 54,843,000,000.00 58,824,000,000.00 32,436,000,000.00
Property Plant And Equipment N/A 22,022,000,000.00 23,044,000,000.00 26,087,000,000.00
Investment Accounted For Using Equity Method N/A N/A 952,000,000.00 1,004,000,000.00
Deferred Tax Assets N/A 233,000,000.00 309,000,000.00 621,000,000.00
Other Noncurrent Financial Assets N/A 1,348,000,000.00 514,000,000.00 248,000,000.00
Noncurrent Derivative Financial Assets N/A N/A 94,000,000.00 735,000,000.00
Current Assets N/A 33,759,000,000.00 53,195,000,000.00 77,275,000,000.00
Current Trade Receivables N/A 6,905,000,000.00 10,870,000,000.00 12,048,000,000.00
Other Current Receivables N/A 385,000,000.00 849,000,000.00 1,335,000,000.00
Current Tax Assets Current N/A 417,000,000.00 452,000,000.00 205,000,000.00
Other Current Financial Assets N/A 896,000,000.00 987,000,000.00 40,000,000.00
Cash and cash equivalents 3,597,000,000.00 7,051,000,000.00 13,796,000,000.00 24,900,000,000.00
Current Derivative Financial Assets N/A N/A 643,000,000.00 839,000,000.00
Equity And Liabilities N/A 88,601,000,000.00 112,019,000,000.00 109,711,000,000.00
Equity 60,417,000,000.00 54,096,000,000.00 73,508,000,000.00 67,191,000,000.00
Issued Capital N/A 9,063,000,000.00 9,063,000,000.00 9,063,000,000.00
Retained Earnings N/A 20,655,000,000.00 35,298,000,000.00 19,149,000,000.00
Other Reserves N/A 1,247,000,000.00 6,095,000,000.00 15,891,000,000.00
Additional Paidin Capital N/A 23,022,000,000.00 23,022,000,000.00 23,022,000,000.00
Equity Attributable To Owners Of Parent N/A 53,987,000,000.00 73,477,000,000.00 67,124,000,000.00
Noncontrolling Interests N/A 109,000,000.00 31,000,000.00 66,000,000.00
Noncurrent Liabilities N/A 12,181,000,000.00 12,736,000,000.00 11,973,000,000.00
Other Longterm Provisions N/A 166,000,000.00 179,000,000.00 232,000,000.00
Deferred Tax Liabilities N/A 376,000,000.00 1,476,000,000.00 3,115,000,000.00
Noncurrent Recognised Liabilities Defined Benefit Plan N/A 492,000,000.00 452,000,000.00 318,000,000.00
Noncurrent Derivative Financial Liabilities N/A N/A 1,000,000.00 0.00
Other Noncurrent Liabilities N/A 316,000,000.00 218,000,000.00 204,000,000.00
Longterm Borrowings N/A 9,031,000,000.00 8,492,000,000.00 6,291,000,000.00
Current Liabilities N/A 22,324,000,000.00 25,774,000,000.00 30,547,000,000.00
Current Provisions N/A 56,000,000.00 56,000,000.00 227,000,000.00
Trade And Other Current Payables To Trade Suppliers N/A 11,068,000,000.00 16,219,000,000.00 19,566,000,000.00
Current Tax Liabilities Current N/A 233,000,000.00 1,662,000,000.00 805,000,000.00
Current Derivative Financial Liabilities N/A N/A 38,000,000.00 342,000,000.00
Other Current Liabilities N/A 1,045,000,000.00 5,699,000,000.00 7,032,000,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A 5,960,000,000.00 1,430,000,000.00 1,882,000,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Contracts With Customers 65,396,000,000.00 95,891,000,000.00 128,745,000,000.00
Other Income 769,000,000.00 962,000,000.00 1,563,000,000.00
Profit Loss From Operating Activities -325,000,000.00 18,837,000,000.00 -4,355,000,000.00
Finance Income 2,130,000,000.00 2,095,000,000.00 3,284,000,000.00
Finance Costs 2,607,000,000.00 2,516,000,000.00 3,570,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method -1,000,000.00 -22,000,000.00 26,000,000.00
Profit Loss Before Tax -802,000,000.00 18,416,000,000.00 -4,641,000,000.00
Income Tax Expense Continuing Operations -312,000,000.00 3,743,000,000.00 6,235,000,000.00
Profit (loss) -490,000,000.00 14,673,000,000.00 -10,877,000,000.00
Profit Loss Attributable To Owners Of Parent -510,000,000.00 14,662,000,000.00 -10,886,000,000.00
Profit Loss Attributable To Noncontrolling Interests 20,000,000.00 11,000,000.00 10,000,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A -490,000,000.00 14,673,000,000.00 -10,877,000,000.00
Adjustments For Decrease Increase In Inventories N/A 2,101,000,000.00 -7,566,000,000.00 -10,387,000,000.00
Adjustments For Decrease Increase In Other Operating Receivables N/A 177,000,000.00 -326,000,000.00 -1,273,000,000.00
Adjustments For Increase Decrease In Trade Account Payable N/A -447,000,000.00 4,762,000,000.00 2,271,000,000.00
Adjustments For Increase Decrease In Other Operating Payables N/A 154,000,000.00 1,311,000,000.00 1,422,000,000.00
Adjustments For Provisions N/A -136,000,000.00 5,000,000.00 133,000,000.00
Adjustments For Undistributed Profits Of Associates N/A 9,000,000.00 -22,000,000.00 26,000,000.00
Other Adjustments For Noncash Items N/A 146,000,000.00 -32,000,000.00 -19,000,000.00
Interest Paid Classified As Operating Activities N/A 655,000,000.00 512,000,000.00 474,000,000.00
Interest Received Classified As Operating Activities N/A 111,000,000.00 139,000,000.00 457,000,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 56,000,000.00 1,357,000,000.00 5,947,000,000.00
Cash Flows From Used In Operating Activities N/A 4,366,000,000.00 14,873,000,000.00 18,156,000,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A N/A 32,000,000.00 433,000,000.00
Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities N/A N/A 98,000,000.00 79,000,000.00
Proceeds From Other Longterm Assets Classified As Investing Activities N/A 143,000,000.00 0.00 N/A
Purchase Of Other Longterm Assets Classified As Investing Activities N/A 233,000,000.00 130,000,000.00 N/A
Other Inflows Outflows Of Cash Classified As Investing Activities N/A 1,000,000.00 5,000,000.00 32,000,000.00
Cash Flows From Used In Investing Activities N/A -2,178,000,000.00 -2,272,000,000.00 -3,891,000,000.00
Payments From Changes In Ownership Interests In Subsidiaries N/A 0.00 157,000,000.00 0.00
Proceeds From Borrowings Classified As Financing Activities N/A 13,924,000,000.00 4,337,000,000.00 0.00
Repayments Of Borrowings Classified As Financing Activities N/A 10,622,000,000.00 10,011,000,000.00 2,324,000,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A -1,893,000,000.00 944,000,000.00 5,785,000,000.00
Cash Flows From Used In Financing Activities N/A 685,000,000.00 -5,029,000,000.00 -723,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 581,000,000.00 -827,000,000.00 -2,439,000,000.00
Cash and cash equivalents 3,597,000,000.00 7,051,000,000.00 13,796,000,000.00 24,900,000,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Swedish 🇸🇪 Published: 09.05.2023
  • Consolidated Report 2021 - Q4 Swedish 🇸🇪

Insider Trades

Date Trading entity / Person Association Trade type Volume
26.10.2023 Lars Sjöbring Other Buy SEK 316,545.00
26.10.2023 Lars Sjöbring Other Buy SEK 316,485.00
28.01.2022 Martin Pei Other Buy SEK 53,820.00
14.09.2021 Annareetta Lumme-Timonen Other Other EUR 0.00
11.05.2021 Johnny Sjöström Other Buy SEK 71,936.00
11.05.2021 Johnny Sjöström Other Buy SEK 44,000.00
19.05.2020 Johnny Sjöström Other Buy SEK 66,000.00
14.05.2020 Johnny Sjöström Other Buy SEK 57,300.00

Capital Markets Information

ISIN

SE0000171100

LEI

529900329VS14ZIML164

Industry Group

Materials

Sub-Industry

Steel

Listed Stock Exchange

Nasdaq Stockholm

Stock Index

OMX Helsinki 25

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