HALISTER: ArcelorMittal 2Q Ebitda Beats; Expects FY Ebitda of Over $4.5b

ArcelorMittal 2Q Ebitda Beats; Expects FY Ebitda of Over $4.5b

(Bloomberg) -- ArcelorMittal says 2Q Ebitda $1.8b vs est. $1.51b, expects FY 2016 Ebitda to be in excess of $4.5b.
  • 2Q sales $14.7b vs est. $15.3b
  • 2Q steel shipments of 22.1mt, an increase of 2.9% q/q
  • Net debt decreased to $12.7 billion as of June 30, 2016
  • NOTE: July 28: ArcelorMittal Spain Agrees to Sell Zaragoza Plant to Megasa
  • NOTE: Of 34 analyst ratings, 14 are buy, 15 hold, 5 sell, with an average PT of EU5.3 implying ~-3% downside
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MT NA (ArcelorMittal)

To de-activate this alert, click here

UUID: 7947283

HALISTER: AB InBev 2Q Normalized Ebitda, Organic Sales Miss Estimates

AB InBev 2Q Normalized Ebitda, Organic Sales Miss Estimates

(Bloomberg) -- Anheuser-Busch InBev 2Q sales $10.8b, est. $10.9b.
  • 2Q normalized Ebitda $4.01b, est. $4.12b
  • 2Q normalized Ebit $3.32b, est. $3.32b
  • 2Q normalized EPS $1.06, est. $1.08
  • 2Q organic vol. down 1.7%, est. up 1%
  • 2Q organic rev. up 4%, est. up 5.8%
  • 2Q organic normalized Ebitda up 4.3%, est. up 6.9%
  • Still sees SABMiller deal closing in 2016
  • Call 3pm CET 281-540-4903, pw 9810543,57785
*Preview * Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
ABI BB (Anheuser-Busch InBev SA/NV)

To de-activate this alert, click here

UUID: 7947283