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SSAB (SSAAY)
OTHER OTC:SSAAY
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.11Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -1.27%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong performances in Special Steels and SSAB Americas offset by challenges in SSAB Europe and concerns over tariffs. Despite increased shipments and a positive outlook for the Americas, revenue and EBITDA declines, along with weak demand in key sectors, moderated the overall sentiment.Company Guidance
During the call, SSAB provided guidance on several key metrics for the upcoming quarters. The company expects Special Steels to achieve somewhat higher shipments with stable pricing, while SSAB Europe is anticipated to see somewhat higher shipments and prices. For SSAB Americas, significantly higher prices are expected, alongside somewhat higher shipments. In Q1 2025, SSAB reported an operating result of approximately SEK 1.3 billion, with Special Steels' sales increasing to roughly 336,000 tonnes, generating a financial performance of SEK 1.4 billion. The company's overall Q1 revenue was SEK 25.5 billion, marking an 8% increase from the previous quarter but a 6% decrease year-over-year. EBITDA for Q1 was SEK 2.4 million, a rise from SEK 1.6 million in Q4 2024 but a decline from SEK 4.1 million in Q1 2024. SSAB secured a EUR 2.3 billion financing package, maintaining a net cash position of SEK 14.4 billion at the end of Q1. The company also plans to spend SEK 10 billion in CapEx for 2025.Special Steels Performance
Special Steels showed a strong performance with sales increasing to 336,000 tonnes and financial performance reaching SEK 1.4 billion, showcasing the unique customer value and market willingness to pay a premium for these products.
Positive Outlook for SSAB Americas
SSAB Americas had a positive delivery month with strong order intake and expected price increases between 10% to 20% for Q2 and Q3, supported by a stable and strong energy segment.
Transformation Projects and Investments
SSAB secured a EUR 2.3 billion financing package to support the Lulea mini-mill project. The company also approved an investment in a tempering furnace at the Mobile production facility to enhance special steel production.
Increased Steel Shipments
Q1 shipments increased by 16% from the previous quarter and 6% year-over-year, with Special Steels and Europe divisions showing significant volume increases.
Strong Order Intake from Energy Segment
The energy segment in the United States remains strong with significant orders, contributing positively to SSAB's performance and outlook.
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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
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SSAAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | $3.16 | $3.28 | +3.80% |
| Jan 29, 2025 | $2.25 | $2.32 | +3.11% |
| Oct 23, 2024 | $2.34 | $2.34 | 0.00% |
| Jul 24, 2024 | $2.69 | $2.62 | -2.60% |
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.
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FAQ
When does SSAB (SSAAY) report earnings?
SSAB (SSAAY) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is SSAB (SSAAY) earnings time?
SSAB (SSAAY) earnings time is at Jul 23, 2025, TBA Not 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 2025 (Q2) is 0.11.
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