ArcelorMittal's 9 months figures: revenues reached US$15,589m (-7.3% qoq, -22.4% yoy), EBITDA US$1,351m (-3.5% qoq, -29.1% yoy), operating income a mere US$20m (vs US$579m and US$959m respectively) and finally, net result a loss of US$711m vs US$179m and US$22m in Q3 14. Note Q3 (mainly) includes a US$527m charge at the operating level relating to inventory write-offs. Net debt at the end of Q3 totalled US$16.8bn vs US$16.6bn in June and US$17.8bn in Q3 14. The group issued a profit warning (
06 Nov 2015
Q3 15: the going gets (real) tough …
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Q3 15: the going gets (real) tough …
MaireTecnimont SpA (0QEP:LON) | 0 0 -0.2% | Mkt Cap: 1,153m
- Published:
06 Nov 2015 -
Author:
Fabrice Farigoule -
Pages:
2
ArcelorMittal's 9 months figures: revenues reached US$15,589m (-7.3% qoq, -22.4% yoy), EBITDA US$1,351m (-3.5% qoq, -29.1% yoy), operating income a mere US$20m (vs US$579m and US$959m respectively) and finally, net result a loss of US$711m vs US$179m and US$22m in Q3 14. Note Q3 (mainly) includes a US$527m charge at the operating level relating to inventory write-offs. Net debt at the end of Q3 totalled US$16.8bn vs US$16.6bn in June and US$17.8bn in Q3 14. The group issued a profit warning (