Revenues reached US$13,399m (-22.8%), EBITDA amounted to US$927m(-32.7%), operating income US$275m (-48.2%) and net loss US$416m (vs US$728m). Net debt at the end of Q1 was US$17.3bn (vs US$15.7bn at year-end 2015) while the pro-forma net debt (i.e. post capital increase and the disposal of Gestamp) reached US$13.3bn. The company expects FY16 EBITDA to be « in excess of US$4.5bn » (unchanged vs the comment at the end of Q4), the impact of the improving steel environment being expe
