Interim report Q2 2023: Weaker market in Europe, more stable for Special Steels and Americas
The second quarter · Revenue was SEK 31,777 (35,516) million · Operating result was SEK 4,963 (10,390) million · Earnings per share were SEK 3.81 (7.79) · Net cash was SEK 11.7 (7.2) billion · Investment decision for Oxelösund, transition to fossil-free steelmaking progressing to planComments by the CEO SSAB’s operating result for the second quarter of 2023 was SEK 4,963 (10,390) million. The result decreased compared to last year’s record level primarily because of a weaker market for SSAB Europe, Tibnor and Ruukki Construction, while the results for SSAB Special Steels