STOCKHOLM – Swedish metal maker SSAB reported an even bigger than anticipated soar in quarterly earnings on Friday on the again of robust metal costs, although it cautioned the market outlook was unsure amid rising inflation and provide chain strains.
SSAB stated second-quarter working revenue, excluding extraordinary objects, rose to 10.40 billion Swedish crowns ($1.02 billion) from a year-ago 4.08 billion to beat the imply forecast of 9.10 billion, in response to Refinitiv analysts’ estimates.
($1 = 10.2365 Swedish crowns)
Post a Comment