Regulatory press releases

Political strikes in Finland impact SSAB’s earnings

Investors, SSAB Europe
March 28, 2024 14:30 CET
The political strikes that started in Finland on March 11, 2024 are estimated to weaken SSAB Europe’s first quarter operating result by around SEK 350 million. If the strikes continue into the second quarter, they will weaken the operating result by an estimated SEK 125 million each week.

The political strike is aimed against the Finnish government and is not related to SSAB’s labor relations. The strikes are affecting SSAB’s operations, but SSAB will seek to mitigate the impact on customer shipments.

For further information, please contact:
Olavi Huhtala, head of SSAB Europe, olavi.huhtala @ ssab.com,
tel. +358 20 592 9157
Viktoria Karsberg, VP Head of Corporate Identity and Group Communications, [email protected], tel +46722335288
Per Hillström, Head of Investor Relations, per.hillstrom @ ssab.com, tel. +46 702 95 29 12

Attachments

Political strikes in Finland impact SSAB’s earnings

Related articles

Mar 7Regulatory press releases
Investors
SSAB Europe

Several trade unions have announced a two-week political strike in Finland starting March 11, 2024. If the strike materializes, it is estimated to weaken SSAB Europe’s operating result in Q1 by...

Jan 28Regulatory press releases
Q4
Investors
Financial statement

The fourth quarter · Revenue was SEK 22,106 (23,615) million · Operating result was SEK 756 (487) million · Earnings per share were SEK 0.44 (0.48) · Net cash was SEK 11.6 (17.8) billion ·...

Jan 14Regulatory press releases
Interim report
Q4
Investors

SSAB invites you to a presentation of the Year-end report of 2025 at 9.30am CET on Wednesday, January 28, 2026. The report will be published at approximately 7.30am CET on the same date.