for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Steelmaker SSAB Q1 operating profit beats forecasts

STOCKHOLM, April 26 (Reuters) - Swedish steelmaker SSAB reported a quarterly operating profit above analysts’ forecasts on Monday and said the recovery that started last autumn had strengthened in the first quarter.

SSAB’s first-quarter operating profit was 1.99 billion Swedish crowns ($237.6 million), up from 343 million in the year-ago quarter, and beating a 1.30 billion profit seen by analysts according to data from Refinitiv. ($1 = 8.3748 Swedish crowns) (Reporting by Helena Soderpalm, editing by Terje Solsvik)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up