Interim report Q1 2023: Good results for Special Steels and Americas, but weaker market in Europe
The first quarter · Revenue was SEK 31,904 (31,575) million · Operating result was SEK 4,733 (8,162) million · Earnings per share were SEK 3.59 (5.84) · Net cash was SEK 15.6 (5.7) billion · Launch of SSAB Zero – based on recycled steel and no fossil carbon emissionsComments by the CEO SSAB’s operating result for the first quarter of 2023 was SEK 4,733 (8,162) million. SSAB Special Steels and SSAB Americas continued with strong performance. A weaker European market with lower prices but higher raw material costs, compared to the first quarter of 2022, impacted SSAB