Ssab AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 29, 2019 at 01:00 pm IST
SSAB AB announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was SEK 19,251 million compared to SEK 17,017 million a year ago. Operating income was SEK 1,007 million compared to SEK 843 million a year ago. Net income was SEK 695 million compared to SEK 332 million a year ago. Basic earnings per share was SEK 0.67 compared to SEK 0.32 a year ago. For the full year, sales was SEK 74,941 million compared to SEK 66,059 million a year ago. Operating income was SEK 4,940 million compared to SEK 3,838 million a year ago. Net income was SEK 3,549 million compared to SEK 2,295 million a year ago. Basic earnings per share was SEK 3.45 compared to SEK 2.23 a year ago.