Aperam released FY18 results. Revenues reached €4,677m (+4.4%), EBITDA €504m (-8.5%), EBIT €361m (-9.5%) and net income €286m (-10.6%). Net debt at the end of FY18 was €48m (vs a net cash of €63m at the end of FY17 and €64m in Q3). A dividend of €1.75 will be proposed (vs €1.53) as well as a new share buy-back programme of up to US$100m. The group expects Q1 19 EBITDA to be flat sequentially, with net debt remaining “at low levels”. Thi
06 Feb 2019
FY18 decent despite competitive pressure in Europe
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FY18 decent despite competitive pressure in Europe
Aperam SA (APAM:WBO) | 0 0 (-0.4%) | Mkt Cap: 3,664m
- Published:
06 Feb 2019 -
Author:
Fabrice Farigoule -
Pages:
2
Aperam released FY18 results. Revenues reached €4,677m (+4.4%), EBITDA €504m (-8.5%), EBIT €361m (-9.5%) and net income €286m (-10.6%). Net debt at the end of FY18 was €48m (vs a net cash of €63m at the end of FY17 and €64m in Q3). A dividend of €1.75 will be proposed (vs €1.53) as well as a new share buy-back programme of up to US$100m. The group expects Q1 19 EBITDA to be flat sequentially, with net debt remaining “at low levels”. Thi