SSAB Ab (SSAB_A) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

to this presentation of the SSABQ3 report. My name is Per Hillström. I'm responsible for investor relations. And presenting today, we have our president and CEO, Jonny Sjöström, and our CFO, Lena Kraelius. And as you might notice, we have no video today. We are in a temporary office, so we don't have the normal studio. But again, that will be as usual. Jonny will start with the quarter. And then a deep dive into the financials with Lena. And then Johnny comes back with outlook and a summary. And there will be time also, of course, for questions at the end. So by that, please, Johnny, begin. Good morning also from me. Start by summarizing the highlights from the Q3 report. I would like to emphasize the safety performance that we have within SSAB and also the safety culture that we've implemented. We continue to reduce the number of lost time injuries in the company in our journey to become the safest steel company in the world. I'm very proud of the level we are right now and we have ambitions to continue this development. Now, moving over to our operating results, I think the Q3 came out on a quite stable level. It has been a challenging market, not only geopolitically, but also the market conditions in Europe have been quite challenging. And even so, we still performed according to the expectations. And that's something that I think that we should take some pride of. I think the differences compared to last year was that the Americas contributed with a higher profitability compared to Q3 2024. Now, looking at the cash flow improvement, we can see that the Q3 this year was a stable quarter also from a cash flow perspective, came in on a decent level. If you can see the picture to the right, you see a shovel with two signatures on it. One is my signature, the other is...