Swiss Steel Group
Logotype for Swiss Steel Holding AG

Swiss Steel Group (STLN) investor relations material

Swiss Steel Group has been delisted

Swiss Steel Group H2 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Swiss Steel Holding AG
H2 2024 earnings summary18 Mar, 2025

Executive summary

  • Navigated a challenging 2024 with weak demand in key sectors, rising costs, and economic headwinds, especially in Europe.

  • Sales volume declined 5.1% year-over-year to 1,056 kilotons; revenue down 14.3% to EUR 2,432 million (excluding Ascometal).

  • Comprehensive cost and capacity measures included a planned reduction of 800 full-time positions and divestment of non-core assets.

  • Strengthened capital base with a EUR 287.8 million capital increase and extended core financing to September 2028.

  • Voluntary delisting from SIX Swiss Exchange approved, effective June 2025, to optimize resources and reflect low trading volume.

Financial highlights

  • Net revenue: EUR 2,511.2 million, down 14.3% year-over-year (pro forma, excluding Ascometal).

  • EBITDA: EUR -35.5 million, improved from EUR -102.2 million in 2023, supported by one-time effects.

  • Adjusted EBITDA: EUR -119.8 million, margin -4.8% (2023: -1.3%).

  • Net debt reduced by 14.1% to EUR 711.4 million; shareholders' equity up 37.6% to EUR 322.8 million.

  • Free cash flow: EUR -173.3 million (2023: EUR 85.4 million), reflecting weak operating performance.

  • Group result: EUR -197.2 million (2023: EUR -294.8 million); EPS: EUR -7.59 (2023: EUR -19.34).

Outlook and guidance

  • Focus remains on operational excellence, financial stability, and leadership in sustainable steel.

  • Continued execution of SSG 2025 strategy, with further cost and capacity adjustments as needed.

  • No dividend proposed for 2024; medium- to long-term dividend policy under regular review.

  • Ongoing transformation expected to require time and discipline amid persistent market challenges.

What is driving the Green Steel sector?
Procurement's role in Swiss Steel Group?
How will capacity adjustments affect DEW?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Swiss Steel Group
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage