Aperam released H1 17 numbers. Sales reached US$2,544m (+15.8%), EBITDA US$340m (+44.7%), EBIT US$261m (+70.6%) and net income US$178m (+74.5%). Net debt at the end of H1 amounted to US$235m vs US$220m in Q1 and US$154m at year-end 2016. EBITDA in Q3 is expected to decrease, both due to the seasonal pattern and the current decline in raw material prices.
27 Jul 2017
H1 about OK; a slowdown in Q3 though
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H1 about OK; a slowdown in Q3 though
Aperam SA (APAM:WBO) | 0 0 (-0.4%) | Mkt Cap: 3,664m
- Published:
27 Jul 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Aperam released H1 17 numbers. Sales reached US$2,544m (+15.8%), EBITDA US$340m (+44.7%), EBIT US$261m (+70.6%) and net income US$178m (+74.5%). Net debt at the end of H1 amounted to US$235m vs US$220m in Q1 and US$154m at year-end 2016. EBITDA in Q3 is expected to decrease, both due to the seasonal pattern and the current decline in raw material prices.