Interim report Q1/2022: Strong start to 2022
The first quarter · Revenue was SEK 31,575 (19,661) million · Operating profit, excluding items affecting comparability, was SEK 8,377 (1,993) million · Operating profit, including items affecting comparability, was SEK 8,162 (1,993) million · Higher steel prices more than offset lower production and higher material costs · Earnings per share were SEK 5.84 (1.46) · Net cash was SEK 5,667 (net debt SEK 8,896) millionComments by the CEO – strong start to 2022 in a turbulent environment SSAB’s first quarter was characterized by high steel prices and earnings rose to a