ArcelorMittal reports results for the first quarter 2017

fr en

ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month period ended March 31, 2017

<< Back
12/05/2017 |
  • ArcelorMittal - EAF Belval

Highlights:

  • Health and safety: LTIF rate of 0.80x in 1Q 2017 as compared to 0.84x in 4Q 2016 and 0.72x in 1Q 2016
  • Operating income increased to $1.6 billion in 1Q 2017 as compared to $0.8 billion in 4Q 2016
  • EBITDA of $2.2 billion in 1Q 2017, 34.3% higher as compared to $1.7 billion in 4Q 2016 primarily reflecting higher steel shipments (+5.1%) and higher seaborne iron ore prices (+21%)
  • Net income of $1.0 billion in 1Q 2017 as compared to $0.4 billion in 4Q 2016
  • Steel shipments of 21.1 Mt in 1Q 2017, up 5.1% vs. 4Q 2016 and down 1.9% vs. 1Q 2016 (down 0.9% on comparable basis)
  • 1Q 2017 iron ore shipments of 13.4 Mt (+1.7% YoY), of which 8.7 Mt shipped at market prices (+11.2% YoY)
  • Due to seasonal working capital investment ($2.2 billion), net debt increased to $12.1 billion as of March 31, 2017, as compared to $11.1 billion as of December 31, 2016

More information in the document hereafter

Back to top  | << Back

Communiqués liés

SAM 2814
29/05/2017

Kuehne + Nagel receives BSMA award as Best Pharma Service Pr...

Kuehne + Nagel was rewarded by BSMA for its outstanding pharmaceutical supply ch...

Kuehne + Nagel
3
24/05/2017

« flibco.com » propose dès à présent son service de tra...

Le mardi 16 mai, flibco.com a inauguré ses deux nouvelles lignes permettant aux...

Flibco
BGL BNP Paribas
24/05/2017

BNP Paribas Investment Partners dévoile son plan stratégiq...

Afin d’accélérer la croissance de ses activités, BNP Paribas Investment Par...

BGL BNP Paribas
P&T - Global Sky Park
23/05/2017

POST Luxembourg : chiffre d’affaires et résultats en haus...

Le Groupe POST Luxembourg clôture l’exercice 2016 avec des résultats en amé...

POST Luxembourg
jandenul
23/05/2017

Jan De Nul Group orders another Hopper Dredger

Jan De Nul Group signed a contract with Keppel Singmarine Pte.Ltd. for the const...

Jan De Nul
Ludwig
19/05/2017 Inauguration

L’agence de branding Ludwig inaugure ses nouveaux bureaux

Le jeudi 18 mai, l’agence de branding basée au Luxembourg, Ludwig, a inaugur...

Ludwig

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more