Report
Emna Ben Bdira ...
  • Maxime Kogge

SSAB : Preview T2 : un trimestre de transition avec des tendances US moins porteuses

>Les USA et la décarbonation pèsent sur ce début d’année - Après une année 2023 exceptionnelle et un début 2024 solide, SSAB affiche un parcours boursier en net recul sur les derniers mois. La baisse de 25% depuis le 1er janvier la place à mi-chemin entre ThyssenKrupp (-34%) et Salzgitter (-31%) d’une part et voestalpine (-14%) et ArcelorMittal (-15%) d’autre part. Si la forte exposition US (>1/3 CA et 2/3 EBITDA estimés) l’avait porté en 2023, c’est davantage un frei...
Underlying
SSAB AB Class A

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Emna Ben Bdira

Maxime Kogge

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