Q1 16 revenues reached US$1,076m (-14.5%), EBITDA US$112m (-15.8%), EBIT US$73m (-15.1%) and net income US$49m (+16.7%). Net debt at the end of Q1 16 amounted to US$338m vs US$316m at year-end 2015 and US$508m in Q1 15. The company anticipates a « slight increase » in EBITDA for Q2 while the net debt should « slightly decrease ».
05 May 2016
Very decent Q1 16 results
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Very decent Q1 16 results
Aperam S.A. (APAM:WBO) | 0 0 (-0.4%) | Mkt Cap: 3,664m
- Published:
05 May 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Q1 16 revenues reached US$1,076m (-14.5%), EBITDA US$112m (-15.8%), EBIT US$73m (-15.1%) and net income US$49m (+16.7%). Net debt at the end of Q1 16 amounted to US$338m vs US$316m at year-end 2015 and US$508m in Q1 15. The company anticipates a « slight increase » in EBITDA for Q2 while the net debt should « slightly decrease ».