Sensitivity analysis

The approximate full-year effect in 2019 on profit after financial items and earnings per share of changes in significant factors is shown in the sensitivity analysis below.

  Change, % Effect on profit/loss
before tax, SEK millions
Effect on earnings 
per share, SEK2)
  
Effect on equity,
SEK millions2)

Steel price -
steel operations  

+/- 10 +/- 7,770  +/- 5.93  +/- 6,010 
Volume - steel
operations1)
+/- 10 +/- 1,020  +/- 0.78  +/- 802
Iron ore prices  +/- 10 +/- 890 +/- 0.68  +/- 700
Coal prices +/- 10 +/- 540  +/- 0.41  +/- 424
Scrap metal
prices
+/- 10 +/- 740  +/- 0.56 +/- 582
Interest rate +/- 1%-point +/- 80  +/- 0.06 +/- 63
Krona index3) +/- 5 +/- 390  +/- 0.30 +/- 307

 

1) Excluding the effect of lower capacity utilization (underabsorption)
2) Calculated based on a 21.4% tax rate
3) Calculated on SSAB's exposure without currency hedging. Any weakening of the Swedish krona entails a positive effect

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