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via finance.yahoo.comBusiness & Companies

SSAB posts 6% EBITDA beat as higher steel prices offset maintenance costs

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- SSAB reported stronger third-quarter earnings on Wednesday, beating analyst expectations as higher steel prices and shipments supported results. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings beat at a Swedish steelmaker, with caution on the US pricing outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SSAB's EBITDA rose to SEK 3.26 billion from SEK 2.89 billion.
  2. 02Revenue climbed 12% to SEK 25.63 billion.
  3. 03Jefferies maintained its buy rating with a SEK 117 target price.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SSAB AbSSAB-A.STStock93.20 SEK-1.10%today -5.11%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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