Report for the first quarter 2020: Recovery, but outlook uncertain
The first quarter · Revenue was SEK 18,772 (20,017) million · EBITDA was SEK 1,286 (2,755) million · Operating profit was SEK 343 (1,674) million · Earnings per share were SEK 0.17 (1.24)Comments by the CEO SSAB’s operating profit for the first quarter of 2020 was SEK 343 million, down SEK 1,331 million compared with the first quarter of 2019. The first quarter of last year was characterized by more favorable market conditions, especially for SSAB Americas. Compared with the fourth quarter of 2019, which was characterized by destocking, weak margins, as well as our yearly