Aperam: Q3 earnings reach E24m

(CercleFinance.com) - Steel group Aperam's Q3 revenue increased by 3% to 841 million euros (vs.
818 million euros in Q2 2020).
Steel shipments in Q3 2020 increased to 432 thousand tonnes from 376 thousand tonnes in Q2 2020.

EBITDA increased over the quarter to 65 million euros, up from 49 million euros in Q2 2020. The company reported Q3 2020 earnings of 24 million euros, +14% vs 21 million euros in Q2 2020, although down 35% y-o-y.

Free cash flow before dividends amounted to 55 million euros over the period. In Q3 2020, cash paid to shareholders amounted to 35 million euros, entirely from dividends.


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