SSAB has three financial targets within three different areas.
Area | Objective |
Profitability | Industry-leading EBITDA margin compared to peers* |
Capital structure | Net gearing ratio between -20% to 20% (net debt to equity) |
Dividends | Dividend 40% of profit after tax |
* ArcelorMittal, Nucor, Salzgitter, Tata Steel Europe, ThyssenKrupp and US Steel
Before determining the yearly dividend proposals and capital structure adjustments, management and the Board of Directors will evaluate the capital needs for coming years based on market outlook, capex plans and other considerations