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Sensitivity analysis

Sensitivity analysis

The approximate full-year effect in 2018 on profit after financial items and earnings per share of changes in significant factors is shown in the sensitivity analysis below.

  Change, % Effect on earnings, SEK millions Effect on earnings per share, SEK2)
Steel price - steel operations 10 6,010 4.55
Volume - steel operations1) 10 1,330 1.01
Iron ore prices 10 710 0.54
Coal prices 10 490 0.37
Scrap metal prices 10 820 0.62
Interest rate 1% point 50 0.04
Krona index3) 5 730 0.55

1) Excluding the effect of lower capacity utilization (under absorption)
2) Calculated based on a 22% tax rate
3) Calculated on SSAB's exposure without currency hedging. Any weaking of the Swedish krona entails a positive effect