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| SSAB posts record profit |
14 February 2005 - SSAB
SSAB today reported its results for 2004. Profit after financial items increased by SEK 3,441 million to SEK 4,784 (1,343) million and cash flow increased to SEK 1,992 (765) million. The profit includes the capital gain from the sale of SSAB HardTech in the amount of SEK 825 million. |
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| The acquisition of SSAB HardTech has now been completed |
05 February 2005 - SSAB
At the end of December, Gestamp Automoción received relevant regulatory approval to acquire SSAB HardTech. |
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| Big investments in quenched steel at SSAB Oxelösund |
21 December 2004 - SSAB
SSAB´s Board of Directors approved yesterday an investment of 340 million SEK to create conditions for continued growth for quenched steel at SSAB Oxelösund. |
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| Gestamp acquires SSAB HardTech |
12 November 2004 - SSAB
The Spanish company Gestamp Automoción acquires SSAB’s subsidiary SSAB HardTech for an enterprise value of SEK 1,425 million. |
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| SSAB reports record results for the third quarter |
26 October 2004 - SSAB
SSAB today presented its results for the first three quarters of 2004. Profit after financial items increased by SEK 1,765 million to SEK 2,646 (881) million and cash flow increased to SEK 1,594 (226) million. |
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| Sharp rise in sales of core niche products
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19 July 2004 - SSAB
SSAB today presented its results for the first half of 2004. Profit after financial items increased by SEK 905 million to SEK 1,685 (780) million. |
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| Strong increase in profit |
21 April 2004 - SSAB
SSAB today presented its accounts for the first quarter of 2004. Profit after financial items amounted to SEK 723 (414) million.
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| New members of the Board of Directors of SSAB |
05 March 2004 - SSAB
At SSAB´s Annual Shareholders´ Meeting (AGM) in Borlänge the 21 of April, the Nomination Committee of SSAB will recommend the AGM to re-elect Board Members Sverker Martin-Löf, Anders G Carlberg, Per-Olof Eriksson, Marianne Nivert, Anders Nyrén and Anders Ullberg. |
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| Significant increase in deliveries of core niche products |
11 February 2004 - SSAB
SSAB today reported its results for 2003. Profit after financial items increased by SEK 527 million and amounted to SEK 1,343 (816) million. Earnings per share increased to SEK 8.90 (5.70). |
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| New Presidents for SSAB´s Steel Operations |
01 December 2003 - SSAB
Anders Werme has been appointed President for SSAB Tunnplåt. Anders Werme is at present President of SSAB Oxelösund and he will succeed Curt Johansson who retires.
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| Continued strong growth for niche products |
23 October 2003 - SSAB
SSAB today presented its accounts for the first three quarters. Profit after financial items increased by SEK 325 million and amounted to SEK 881 (556) million. Earnings per share increased to SEK 5.90 (3.80).
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| Continued strong growth for niche products |
21 July 2003 - SSAB
SSAB today presented its accounts for the first half of the year. Profit after financial items increased by SEK 303 million and amounted to SEK 780 (477) million. Earnings per share increased to SEK 5.40 (3.20). |
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| Anders Ullberg at SSAB’s General Meeting |
24 April 2003 - SSAB
In his address to the General Meeting in Oxelösund, SSAB’s CEO, Anders Ullberg, discussed primarily the structural changes in the West European steel industry and the growth possibilities for SSAB’s niche products.
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| Strong increase in profit |
24 April 2003 - SSAB
SSAB today presented its accounts for the first quarter. Profit after financial items increased by SEK 232 million and amounted to SEK 414 (182) million. |
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| Sverker Martin-Löf nominated New Chairman of the Board |
18 February 2003 - SSAB
It has previously been announced that Leif Gustafsson, Chairman of the Board,will retire from the Board at the Annual Shareholders´ Meeting (AGM), April 2003. On the same occasion also Board Members Anders Lannebo and Clas Reuterskiöld will retire from the Board. |
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| Thomas Björk New President of Plannja |
10 December 2002 - SSAB
Thomas Björk has been appointed new President of Plannja. Thomas Björk will take office during the first half of 2003. He will replace Jan Hedlund, President pro tem. |
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| Continued growth for niche products |
23 October 2002 - SSAB
SSAB today presented its accounts for the third quarter of 2002. Profit after financial items amounted to SEK 556 (868) million. Excluding non-recurring items, profit for the seasonally weak third quarter increased by SEK 75 million to SEK 79 (4) million. |
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| Mikael Nyquist New President of Tibnor |
13 September 2002 - SSAB
Mikael Nyquist has been appointed new President of Tibnor with effect from 1 January, 2003. He replaces Sven Bergman who has been President of Tibnor since 1988 and will retire in 2003. |
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| Positive earnings trend
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22 July 2002 - SSAB
SSAB today presented its Half Year Report for 2002. Profit after financial items amounted to SEK 477 (786) million. Profit for the second quarter, SEK 295 million, thus represents a considerable improvement on the profit for the first quarter, which amounted to SEK 182 million. |
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| Anders Ullberg at SSAB's General Meeting |
26 April 2002 - SSAB
In his address to the Annual General Meeting in Luleå, SSAB's CEO, Anders Ullberg, dwelt on, among other things, the steel business cycle, SSAB's niche orientation, and the American steel tariffs.
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| Squeezed margins result in lower profit |
26 April 2002 - SSAB
SSAB today presented its accounts for the first quarter. Weaker margins in the steel operations resulted in a decline in profit after financial items to SEK 182 (465) million.
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| U.S. imposes steel tariffs to stop foreign competition |
06 March 2002 - SSAB
U.S. President George W. Bush announced yesterday evening that tariffs of between 8% and 30% will be levied on steel which is imported into the United States. |
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| Pressure on margins reduced earnings |
12 February 2002 - SSAB
SSAB today reported its results for 2001. Excluding non-recurring items, profit after financial items declined compared with last year and amounted to SEK 835 (1,283) million. Cash flow improved to SEK 151 (-406) million. |
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| Unchanged profit, strong cash flow |
12 February 2002 - SSAB
SSAB today reported its results for 2002. Excluding non-recurring items, profit after financial items was largely unchanged compared with last year and amounted to SEK 816 (835) million. |
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| Göran Carlsson new Vice President Technology of SSAB |
27 November 2001 - SSAB
Göran Carlsson has been appointed Vice President Technology and member of the Group Management of the SSAB Group. Göran Carlsson is Executive Vice President of SSAB Tunnplåt and head of the Luleå operations.
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| SSAB's earnings down just under 15% on last year |
23 July 2001 - SSAB
SSAB today presented its accounts for the first half of the year. Profit after financial items declined by SEK 122 million to SEK 786 (908) million. The comparison does not include the effect of SSP surplus funds which were included in last year's results in the amount of SEK 625 million. |
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| Tibnor sells its Industrial Supplies Group
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12 June 2001 - SSAB
Tibnor, 85 % owned subsidiary of SSAB, has come to an agreement that by 1 June 2001 Tibnor sells its Industrial Supplies Group to the Swedish company Ahlsell.
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| Industrivärden issues Options to SSAB Group Management |
28 May 2001 - SSAB
SSAB's Group management has undertaken to acquire call options in SSAB during a four-year period. This is the third year that call options are being purchased under the programme.
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| Anders Ullberg at SSAB'S General Meeting |
24 April 2001 - SSAB
In his address to the Annual General Meeting of the Shareholders in Borlänge, SSAB's CEO, Anders Ullberg gave several examples of SSAB's niche orientation and how this contributes to strengthening SSAB's position on the market.
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| Unchanged profit |
24 April 2001 - SSAB
SSAB today presented its accounts for the first quarter. Despite a weaker steel market, profit after financial items was largely unchanged and amounted to SEK 465 (478) million.
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| Anders Ullberg, new President of SSAB |
21 February 2001 - SSAB
The Board of Directors of SSAB has appointed Anders Ullberg as the new President and CEO. |
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| Strong increase in profit |
13 February 2001 - SSAB
SSAB today presented its results for 2000. Profit after financial items amounted to SEK 1,870 (467) million. Profit includes non-recurring items of SEK 587 (45) million. Accordingly, profit from the actual operations increased by SEK 861 million to SEK 1,283 (422) million. |
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| Sharp rise in profit
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26 October 2000 - SSAB
SSAB today presented its results for the first three quarters of the year. Profit after financial items amounted to SEK 1,391 (146) million. The profit includes SEK 575 million which constitutes the net effect of disbursements of surplus funds from SPP and additional energy taxes for the years 1995-1999. |
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| Torsten Sandin at SSAB's Shareholders' Meeting
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27 May 2000 - SSAB
In his presentation at the shareholders' meeting in Oxelösund, SSAB's CEO Torsten Sandin illustrated the importance of SSAB's niche orientation from several perspectives.
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| Industrivärden issues options to SSAB's executive management
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26 May 2000 - SSAB
SSAB's executive management has stated its intention to purchase call options in SSAB over a four-year period. This is the second year that options are being purchased within this program.
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| SSAB's Profit for 1999 was SEK 467 Million |
10 February 2000 - SSAB
SSAB today presented its results for 1999. Profit after financial items declined to SEK 467 (1,424) million. |
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