Aperam: reveals Q2 consensus
(CercleFinance.com) - Aperam announced on Monday that analysts' consensus is now targeting an adjusted Ebitda of E73m for Q2.
In comparison, the manufacturer of stainless steels and special steels had declared - at the time of its last earnings release - that it was targeting Q2 adjusted Ebitda of above the E55m recorded for Q1.
The group had justified the prospect of higher operating profit by the fact that delivery volumes were expected to increase slightly, while sales prices were expected to remain stable.
Following these announcements, Aperam shares rose by more than 4% on Monday morning on Euronext Paris.
Aperam plans to publish its Q2 results on 1 August.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
In comparison, the manufacturer of stainless steels and special steels had declared - at the time of its last earnings release - that it was targeting Q2 adjusted Ebitda of above the E55m recorded for Q1.
The group had justified the prospect of higher operating profit by the fact that delivery volumes were expected to increase slightly, while sales prices were expected to remain stable.
Following these announcements, Aperam shares rose by more than 4% on Monday morning on Euronext Paris.
Aperam plans to publish its Q2 results on 1 August.
Copyright (c) 2024 CercleFinance.com. All rights reserved.