Sharp rise in profit
Sharp rise in profit SSAB today presented its results for the first half of the year. Profit after financial items amounted to SEK 1,533 (347) million. The profit includes SEK 625 million due to forthcoming disbursements from SPP. Excluding non-recurring items, profit thus improved by SEK 561 million to SEK 908 (347) million as a consequence of improved margins in the steel operations and increased volumes throughout the entire business. -Demand has continued to be strong and we have been able to increase prices as planned in the contracts which were renegotiated pending the second quarter,