Swiss Steel Group stays on strategic path amidst challenging market conditions
In a weak market environment, sales volume of Swiss Steel Group declined by 5.1% to 1,056 kilotons in 2024, with revenue falling by 14.3% to EUR 2,432 million. EBITDA improved to EUR –35.5 million, supported by one-time effects. Net debt decreased to EUR 711.4 million due to the April 2024 capital increase, which also raised equity to EUR 322.8 million (equity ratio: 19.3%). In early 2025, the Group secured new financing arrangements to support its strategic roadmap.
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