Interim report Q2 2024: Growth in Automotive premium steel in a weak market
The second quarter · Revenue was SEK 28,282 (31,777) million · Operating result was SEK 2,969 (4,963) million · Earnings per share were SEK 2.43 (3.81) · Net cash was SEK 14.1 (11.7) billionComments by the CEO SSAB’s operating result for the second quarter of 2024 amounted to SEK 2,969 (4,963) million. The decrease compared to a year earlier was primarily due to lower US heavy plate prices. The market in Europe continued to be relatively weak, whereas the market for high-strength steel was more resilient. Compared to the first quarter, the operating result was somewhat