ArcelorMittal 2Q Ebitda Beats; Expects FY Ebitda of Over $4.5b
Source: BFW (Bloomberg First Word)
Tickers
MT NA (ArcelorMittal)
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UUID: 7947283
(Bloomberg) -- ArcelorMittal says 2Q Ebitda $1.8b vs est. $1.51b, expects FY 2016 Ebitda to be in excess of $4.5b.
Alert: HALISTER- 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
Source: BFW (Bloomberg First Word)
Tickers
MT NA (ArcelorMittal)
To de-activate this alert, click here
UUID: 7947283