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Financial targets

SSAB has three financial targets within three different areas.

Area 

Objective

Profitability

SSAB aims for an industry-leading profitability measured as EBITDA margin among comparable peers*.

Capital structure

The Group's operations are cyclical. The objective is a long-term net debt/equity ratio of 30%.

Dividends

Dividends are adapted to the average earnings level over a business cycle and, in the long term, constitute approximately 50% of profit after tax, taking into consideration the net debt/equity ratio. It should also be possible to use dividends to adjust the capital structure.
* AK Steel, Dillinger, Nucor, Salzgitter, Steel Dynamics, Tata Steel Europe, ThyssenKrupp, US Steel