Aperam released Q3 16 results. Revenues reached US$1,015m (-8.8%), EBITDA US$124m (+14.8%), EBIT US$81m (+20.9%) and net income US$54m (+74). Over 9 months, sales reached US$3,212m (-11.6%), EBITDA US$359m (-9.3%), EBIT US$234m (-10.7%) and net US$156m (+12.2%). Net debt at the end of Q3 amounted to US$241m (vs US$280m in Q2). The group expects EBITDA to slightly increase in Q4 vs Q3, with full-year EBITDA thus reaching at least US$483m.
08 Nov 2016
Q3 and FY16 outlook fully in line
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Q3 and FY16 outlook fully in line
Aperam SA (APAM:WBO) | 0 0 (-0.4%) | Mkt Cap: 3,664m
- Published:
08 Nov 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Aperam released Q3 16 results. Revenues reached US$1,015m (-8.8%), EBITDA US$124m (+14.8%), EBIT US$81m (+20.9%) and net income US$54m (+74). Over 9 months, sales reached US$3,212m (-11.6%), EBITDA US$359m (-9.3%), EBIT US$234m (-10.7%) and net US$156m (+12.2%). Net debt at the end of Q3 amounted to US$241m (vs US$280m in Q2). The group expects EBITDA to slightly increase in Q4 vs Q3, with full-year EBITDA thus reaching at least US$483m.