Arcelor released Q3 17 figures. Sales reached US$17,639m (+21% yoy), EBITDA US$1,924m (+1%), EBIT US$1,234m (+2%) and net income US$1,205m (vs US$680m). Over 9 months, sales amounted to US$50,969m (+19%), EBITDA US$4,594m (+36%), EBIT US$4,200m (+25%) and net income US$3,539m (vs US$1,376m). Net debt at the end of Q3 was US$12bn vs US$11.9bn in H1, US$12.1bn in Q2 and US$11.1bn at year-end 2016. The group indicated that market conditions are favourable with healthy steel spreads and a slightl
10 Nov 2017
Q3 17: slightly better than expectations and a positive outlook
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Q3 17: slightly better than expectations and a positive outlook
MaireTecnimont SpA (0QEP:LON) | 0 0 -0.2% | Mkt Cap: 1,153m
- Published:
10 Nov 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Arcelor released Q3 17 figures. Sales reached US$17,639m (+21% yoy), EBITDA US$1,924m (+1%), EBIT US$1,234m (+2%) and net income US$1,205m (vs US$680m). Over 9 months, sales amounted to US$50,969m (+19%), EBITDA US$4,594m (+36%), EBIT US$4,200m (+25%) and net income US$3,539m (vs US$1,376m). Net debt at the end of Q3 was US$12bn vs US$11.9bn in H1, US$12.1bn in Q2 and US$11.1bn at year-end 2016. The group indicated that market conditions are favourable with healthy steel spreads and a slightl