SSAB appoints Leena Craelius as acting CFO

Viktoria Karsberg, Head of Corporate Identity and Group Communications, [email protected], phone: +46 72 233 5288
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Fredrik Haglund, current head of the Tibnor Denmark business unit, will take up the position of Tibnor President on July 1, 2023. Kimmo Väkiparta, current President, has decided to leave the company at his own request.
Summary · Revenue was SEK 27,489 (25,631) million · Operating result was SEK 2,695 (2,140) million, higher prices and higher shipments · Earnings per share were SEK 2.09 (1.86) · Net cash was SEK 8.6 (10.9) billion, dividend of SEK 2 billion paid in Q2 · Lost time injury frequency (LTIF) decreased to an all-time low of 0.38 (0.64) · Conversion of Oxelösund progresses, production start planned for Q2 2027 · Groundwork in Luleå continues after precautionary pauses and the project remains on schedule for production start late 2029 · Investments to increase capacity within SSAB Special Steels communicated in Q2
SSAB has received its inaugural credit rating from Moody's Ratings, marking an important milestone in the company's financing strategy and strengthening its position in the capital markets. Moody’s has assigned SSAB a Baa2 investment grade long-term issuer rating with a Stable outlook.
