SSAB’s Board of Directors decides to withdraw the dividend proposal
Due to the increased uncertainty regarding the economic development related to Covid-19, the Board of Directors proposes that the Annual General Meeting on April 1, 2020 resolves that no dividend will be paid for the financial year 2019.During the first three months of this year, the business has largely proceeded according to expectations. However, the outlook is uncertain. This is due to the spread of Covid-19 and its effects on global industrial production and on the economy in general. SSAB has a strong balance sheet and a historically low net debt to equity-ratio, and has also