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  • 2018-03-15

    Nippon Steel & Sumitomo Metal Corporation signs agreement to acquire Ovako Group from Triton

    Pressrelease Nippon Steel & Sumitomo Metal Corporation (NSSMC), one of the world's largest steel producers, has signed an agreement with funds advised by Triton to acquire 100 percent of Ovako Group. The acquisition is subject to regulatory approval. NSSMC is a g...

  • 2018-03-12

    Ovako publishes Annual Report for 2017 and presents updated strategy and new financial targets

    Pressrelease Ovako Group AB today published its Annual Report for 2017 including the Company’s updated strategy and new financial targets. The strategy is based on three areas of development aimed to drive operational excellence, grow in key segments and build ...

  • 2018-02-09

    Ovako publishes its Year-End Report 2017

    Pressrelease Today Ovako announced its fourth quarter and full year results 2017. For the full year EBITDA before restructuring costs improved to EUR 100 (57) million and order intake grew by 24 percent compared to previous year. Ovako’s restructuring program is proceeding ahead of plan and has delivered savings of EUR 20 million on an annual basis. At the end of the year the group had a liquidity buffer of EUR 90 (88) million.

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