SSAB stock reports 26 percent operating profit growth
Published on 09/30/2026 at 17:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SSAB stock was trading at EUR 8.16 at Lang & Schwarz on September 30, 2026 at 5:13 p.m. CEST, down 0.85 percent from the prior close of EUR 8.23. The Swedish steelmaker's second-quarter operating profit rose 26 percent year-on-year to SEK 2.695 billion, giving the shares a results-based reference point despite the modest daily decline.
Q2 profit reaches SEK 2.695 billion
According to SteelRadar on September 4, 2026, SSAB generated Q2 revenue of SEK 27.489 billion, up 7 percent year-on-year. EBITDA reached SEK 3.778 billion, while the EBITDA margin improved from 12 percent to 14 percent.
Steel shipments increased year-on-year to 1.760 million tonnes in Q2 2026, while crude steel production reached 2.041 million tonnes, according to SteelRadar. The combination of higher prices and increased shipments lifted operating performance, but the company also described European standard-steel demand as cautious.
Seasonal pressure shapes Q3
SSAB expects shipments across its steel divisions to decline in Q3 because of seasonal factors, with Special Steels and SSAB Europe projected to fall by more than 10 percent and SSAB Americas by 5 to 10 percent, SteelRadar reported on September 4, 2026.
That outlook creates a clear counterweight to the Q2 comparison. Price increases already implemented are expected to support somewhat higher realized prices in Q3, while distributor inventories and imports remain important variables for margins.
Stock remains below yearly high
SSAB's market capitalization was SEK 102.0 billion on September 30, 2026. The 52-week range stood at SEK 55.94 to SEK 109.15, placing the current Nasdaq Stockholm quote below the period high and showing that the daily move is small relative to the stock's broader annual range.
SSAB is listed on Nasdaq Stockholm and Nasdaq Helsinki, according to the company's investor information. Its operating businesses span specialty steel, European and American steel, distribution and construction products, with fossil-free steel investment adding a longer-term capital requirement.
SSAB stock facts
- Company: SSAB AB (publ)
- Ticker: SSAB-A.ST
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of September 30, 2026, 5:13 p.m. CEST): EUR 8.16
- Change versus prior close: minus 0.85 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 8.23
- Market capitalization: SEK 102.0 billion (as of September 30, 2026)
- 52-week range: SEK 55.94-109.15 (as of September 30, 2026)
- Sector / Industry: Basic Materials / Steel
