Company SSAB AB

Equities

SSAB A

SE0000171100

Iron & Steel

Delayed Nasdaq Stockholm 07:59:40 2024-03-28 am EDT 5-day change 1st Jan Change
79 SEK -2.47% Intraday chart for SSAB AB -2.49% +3.03%

Business Summary

SSAB AB specializes in manufacturing and distribution of specialty steel. Net sales break down by activity as follows:

- steel processing (78.6%): processing of steel and aluminum sheets for industry or construction (the group is the leading manufacturer of steel sheets in Scandinavia), production of laminated steel, metal plate and hardened steel used mainly in equipment for the construction and mining industries (world's leading manufacturer) and manufacture of safety components for the automotive industry;

- trading of steel products (12.8%): metals, building products, tools, machinery, etc. Tibnor is Sweden's leading steel trading company;

- sale of construction materials (5.3%; Ruukki Construction);

- other (3.3%).

Net sales are distributed geographically as follows: Sweden (13.9%), Finland (9.5%), Europe (34.6%), the United States (29.8%) and other (12.2%).

Number of employees: 14,921

Sales per Business

SEK in Million2022Weight2023Weight Delta
SSAB Europe
32.9 %
41,219 32.0 % 39,300 32.9 % -4.66%
SSAB Special Steels
26.3 %
32,302 25.1 % 31,443 26.3 % -2.66%
SSAB Americas
24.6 %
31,908 24.8 % 29,389 24.6 % -7.89%
Tibnor
11.3 %
16,448 12.8 % 13,557 11.3 % -17.58%
Ruukki Construction
4.9 %
6,867 5.3 % 5,799 4.9 % -15.55%

Sales per region

SEK in Million2022Weight2023Weight Delta
Other Europe
35.7 %
44,518 34.6 % 42,698 35.7 % -4.09%
United States
31.0 %
38,381 29.8 % 37,080 31.0 % -3.39%
Sweden
13.1 %
17,949 13.9 % 15,634 13.1 % -12.90%
Rest of the World
12.0 %
15,655 12.2 % 14,304 12.0 % -8.63%
Finland
8.2 %
12,242 9.5 % 9,773 8.2 % -20.17%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 97-12-31
Director of Finance/CFO 53 21-10-31
Compliance Officer 55 17-12-31
Chief Tech/Sci/R&D Officer 56 04-12-31
Chief Tech/Sci/R&D Officer 61 00-12-31
Investor Relations Contact - 16-10-31
Public Communications Contact 54 12-12-31
Corporate Officer/Principal 63 13-04-30
Corporate Officer/Principal 51 10-12-31
Corporate Officer/Principal 62 86-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 70 20-12-31
Director/Board Member 57 14-09-10
Chief Executive Officer 62 97-12-31
Director/Board Member 68 21-12-31
Director/Board Member 54 21-10-27
Director/Board Member 54 18-12-31
Director/Board Member 62 14-12-31
Director/Board Member 59 10-12-31
Director/Board Member 59 21-04-13
63 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 725,652,056 620,368,688 ( 85.49 %) 13,786,996 ( 1.900 %) 81.44 %
Stock B 1 304,183,270 218,282,717 ( 71.76 %) 4,489,777 ( 1.476 %)

Shareholders

NameEquities%Valuation
Government of Sweden
7.327 %
53,169,947 7.327 % 417 M kr
Government of Finland
5.282 %
38,326,425 5.282 % 300 M kr
SSAB AB
3.445 %
25,000,719 3.445 % 196 M kr
Norges Bank Investment Management
3.212 %
23,308,983 3.212 % 183 M kr
Swedbank Robur Fonder AB
1.552 %
11,261,124 1.552 % 88 M kr
Nordea Investment Management AB
0.8735 %
6,338,366 0.8735 % 50 M kr
Länsförsäkringar Fondförvaltning AB
0.7126 %
5,171,181 0.7126 % 41 M kr
Evli Fund Management Co. Ltd.
0.6744 %
4,893,483 0.6744 % 38 M kr
Storebrand Asset Management AS
0.6314 %
4,581,559 0.6314 % 36 M kr
Goldman Sachs Asset Management International
0.4987 %
3,619,043 0.4987 % 28 M kr
NameEquities%Valuation
Government of Sweden
13.56 %
54,962,761 13.56 % 430 M kr
Government of Finland
6.523 %
26,448,015 6.523 % 207 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
2.190 %
8,879,901 2.190 % 70 M kr
Allianz Global Investors GmbH
2.063 %
8,365,537 2.063 % 65 M kr
SSAB AB
2.027 %
8,216,940 2.027 % 64 M kr
Norges Bank Investment Management
1.928 %
7,816,115 1.928 % 61 M kr
Ninety One UK Ltd.
1.525 %
6,183,981 1.525 % 48 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
1.314 %
5,329,264 1.314 % 42 M kr
Lightman Investment Management Ltd.
1.159 %
4,700,000 1.159 % 37 M kr
Nordea Investment Management AB
1.140 %
4,623,012 1.140 % 36 M kr

Holdings

NameEquities%Valuation
25,000,719 3.45% 195,899,384 $

Company contact information

SSAB AB

Klarabergsviadukten 70, D6

101 21, Stockholm

+46 84 54 57 00

http://www.ssab.com
address SSAB AB(SSAB A)

Group companies

NameCategory and Sector
Steel
Wholesale Distributors
Steel
Wholesale Distributors
Steel
Financial Conglomerates
Steel
Steel
Steel

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
79 SEK
Average target price
90 SEK
Spread / Average Target
+13.92%
Consensus