ArcelorMittal: beats consensus in Q2
(CercleFinance.com) - ArcelorMittal has published Q2 2018 net income, group share that is up 56% at nearly 1.
9 billion dollars, or 1.84 dollar per share, with EBITDA up 22% at nearly 3.1 billion euros, against the consensus of 2.85 billion euros.
Again relative to Q2 2017, the steel giant's revenues increased by 16% to 20 billion dollars, for steel deliveries that were up 1.3% at 21.8 million tonnes.
"The outlook for the second half of the year is encouraging as we anticipate current favourable market conditions continuing and are well positioned to capitalise on this," said CEO Lakshmi Mittal.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9 billion dollars, or 1.84 dollar per share, with EBITDA up 22% at nearly 3.1 billion euros, against the consensus of 2.85 billion euros.
Again relative to Q2 2017, the steel giant's revenues increased by 16% to 20 billion dollars, for steel deliveries that were up 1.3% at 21.8 million tonnes.
"The outlook for the second half of the year is encouraging as we anticipate current favourable market conditions continuing and are well positioned to capitalise on this," said CEO Lakshmi Mittal.
Copyright (c) 2018 CercleFinance.com. All rights reserved.