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Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.1Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: SSAB shows strong strategic progress (major investments, product innovation, improved safety, solid shipments growth, and a healthy net cash position despite large CapEx). However, near-term profitability is pressured by lower realized prices (QoQ and YoY), FX translation headwinds (~SEK 840m), higher maintenance/outage costs, rising scrap prices, and some end‑market weakness (construction, service centers). Management expects seasonal shipment improvements in Q1 and identifies structural upside from CBAM/safeguards and premium product demand, but acknowledges timing and execution risks (project power connection, permit appeals and price realization lags).Company Guidance
Safety Improvement
Lost time injury frequency improved to 0.56 in 2025 and total recordable injuries also reduced, reflecting stronger safety performance across the organization.
Strong Balance Sheet and Net Cash Position
Net cash at year-end was SEK 11.6 billion (end-2024: SEK 17.8 billion), maintaining a healthy net debt/equity position of around -17% and within financial targets despite heavy strategic investments.
Full-Year Operating Result and YoY EBITDA Improvement
Full-year operating result was SEK 6.1 billion. Q4 EBITDA was SEK 1.8 billion, up vs Q4 2024 (SEK 1.6 billion) representing an EBITDA margin of ~8% (vs 7% a year earlier).
Shipment Growth in Q4
Q4 shipments were 1,515 kilotonnes, up 49 kt (3%) vs Q3 and up 67 kt (5%) vs prior-year Q4, with all steel divisions reporting higher year‑on‑year volumes.
Product & Commercial Innovation
Launched and developed premium grades and offerings: Hardox HiAce (wear-resistant alternative to stainless), Docol high edge tailored AHSS for automotive, a new complex phase product in collaboration with Gestamp, and a rapeseed-oil based environmentally friendly color coating via Ruukki Construction.
Strategic Projects Progressing
Oxelösund EAF project progressing to plan with targeted production start-up early 2027; Luleå project advanced (groundbreaking, environmental permit, customer/supplier agreements). Strategic CapEx executed: SEK ~7.2 billion in 2025; 2026 strategic CapEx guided to SEK 10.5 billion (Luleå ~SEK 6 billion, Oxelösund <SEK 3 billion).
Dividend Proposal
Board proposed a SEK 2.00 dividend per share to be decided at the AGM, demonstrating confidence in cash generation and capital allocation despite heavy investment spending.
Operational Execution in Americas
SSAB Americas delivered strong December shipments and order intake in Q4, helping the division reach expected result levels despite a weaker USD translation into SEK.
SSAAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SSAAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $4.49 | $4.31 | -4.14% |
Jan 28, 2026 | $4.36 | $4.23 | -2.96% |
Oct 22, 2025 | $3.13 | $3.21 | +2.46% |
Jul 23, 2025 | $3.37 | $3.07 | -8.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SSAB (SSAAY) report earnings?
SSAB (SSAAY) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is SSAB (SSAAY) earnings time?
SSAB (SSAAY) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSAAY EPS forecast?
SSAAY EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.