Earnings drop on planned maintenance, lower shipments and strikes as well as weaker demand and pressured steel prices.
Fourth-quarter 2019 results
Loss before interest and taxes
1.31 billion Swedish krona ($117.4 million), down from earnings before interest and taxes (Ebit) of 1.035 billion krona in 2018.
16.97 billion krona, down from 19.25 billion krona in the fourth quarter of 2018.
Planned maintenance costs
850 million krona
Sales up on higher prices despite lower shipments.
2.16 billion krona in 2019, down from 5.18 billion krona in 2018, mainly attributable to SSAB Europe
76.485 billion krona in 2019, up 2% from 74.94 billion krona in 2018
6,560,000 tonnes in 2019, down from 6,899,000 tonnes in 2018
SSAB Europe fourth-quarter results
Production was adjusted due to lower demand,...