Interim Report July–September 2022: continued uncertainty in the world affects profits
LKAB’s net sales for the third quarter amounted to a high MSEK 12,244. In an uncertain world, however, stable deliveries were offset by falling iron ore prices.Net sales for the third quarter amounted to MSEK 12,244 (12,744) and operating profit totalled MSEK 5,909 (7,769). Sales figures were impacted by lower prices for highly upgraded iron ore products, but this was mitigated by a strong dollar exchange rate and a higher delivery volume. Operating profit was also impacted by higher costs for production disruptions and by higher prices for energy and some input goods. The delivery