SSAB AB (OTCPK:SSAAY)

$ 2.45 0 (0%) Market Cap: 4.88 Bil Enterprise Value: 3.65 Bil PE Ratio: 6.43 PB Ratio: 0.78 GF Score: 75/100

Q3 2019 SSAB AB Earnings Call Transcript

Oct 23, 2019 / 07:30AM GMT

Release Date Price: $1.25

Transcript

Per HillstrÃ;m;publ;Head of IR

SSAB AB

¶ - ()-

Good morning, and welcome to this presentation from SSAB. It's regarding the third quarter of 2019. Welcome also to the audience that follows on the webcast. The agenda today, we will start with Martin Lindqvist, President and CEO. He will summarize the third quarter, he will also come back with the outlook. And then we'll also have our CFO, HÃ¥kan Folin with us. He will talk about the financials. And when we have ended the presentation, we will open up for your questions. So you will have a chance also to ask many questions here.

So by that, please, Martin, take the stage.

Martin Lindqvist;publ;President

SSAB AB;CEO & Director

()- -

Thank you, Per. So to start to summarize Q3, we saw a weaker demand, apparent and also underlying demand and a seasonal slowdown in Q3 and especially in Europe. Americas during the quarter held up fairly well. We saw also that it was, to a large extent, strip-related the lower demand. If

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