Ovako publishes 2016 Annual Report

Ovako AB (publ) today published its annual report for 2016. The annual report highlights Ovako’s operational and financial improvements, advances in R&D and Ovako’s Green Clean Steel concept, focusing on offering customers the cleanest and most sustainable steel in the world.

“In 2016 we made great progress with Ovako’s restructuring program and the group delivered increased sales volumes and an operating result that was significantly improved over the previous year. Despite the fact that Ovako’s financial performance is still not satisfactory and much work remains, I can say that Ovako is well positioned to face future challenges,” says Marcus Hedblom, President and CEO at Ovako.

Ovako´s Annual Report is now available in Swedish and English versions on the corporate website at www.ovako.com.

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