SSAB : Feedback from roadshow: cautious short-term outlook but long-term strengths intact, decarb journey well on track
>Cautious short-term outlook on lack of visibility … - We hosted CFO Leena Craelius and Head of IR Per Hillström on a roadshow in Paris in the wake of solid Q4 2023 results published last week. We found the tone of the group’s message relatively cautious on short-term trends with the anticipated volume rebound in Q1 2024 mostly due to seasonality and some restocking from services centres while underlying demand remains soft for most end-markets. Visibility is als...SSAB is a supplier of high strength steels with products comprising various qualities and dimensions within wear steels and structural steels. Co.'s solutions also include services, from concept to finished delivery. SSAB Wear Services also provides advice, repairs, and sales of spare parts to the aftermarket. The business is organized into three business areas; SSAB Americas, SSAB EMEA and SSAB APAC as well as the subsidiary, Tibnor, which is a steel distributor in the Nordic region. SSAB EMEA consist of Europe, the Middle East and Africa; SSAB Americas of North and Latin America; SSAB APAC of Asia, Australia and New Zealand and Tibnor of steel and metal distribution in northern Europe.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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