Our business strategy focuses on product diversity, geographic reach and diversification both upstream in iron ore and coal production, and downstream in steel distribution.
Arcelormittal result conference
call - for first quarter 2013 took
place on may 10.
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Share Price. news and announcements
| Last Trade | Price | D/D-1 | |
|---|---|---|---|
| Amsterdam | 02:29 | €8.71 | +1.11% |
| Luxembourg | 01:45 | €8.69 | +0.95% |
| Madrid | 02:44 | €8.68 | +0.78% |
| New York | 04:00 | $11.41 | +2.15% |
| Paris | 10:25 | €8.72 | +1.21% |
Financial highlights (on the basis of IFRS):
| Quarterly comparison | |||||
|---|---|---|---|---|---|
| (USDm) unless otherwise shown | 1Q 13 | 4Q 12 | 3Q 12 | 2Q 12 | 1Q 12 |
| Sales | 19,752 | 19,309 | 19,723 | 22,478 | 22,703 |
| EBITDA | 1,565 | 1,557 | 1,445 | 2,559 | 2,118 |
| Operating income / (loss) | 404 | (4,711) | 55 | 1,207 | 804 |
| Net (loss) / income | (345) | (3,808) | (652) | 1,016 | 92 |
| Basic (loss) / earnings per share (USD) | (0.21) | (2.47) | (0.42) | 0.66 | 0.06 |
| Continuing operations | |||||
| Own iron ore production (Mt) | 13.1 | 14.0 | 14.3 | 14.4 | 13.2 |
| Iron ore shipments at market price (Mt) | 7.3 | 6.6 | 7.1 | 8.2 | 6.8 |
| Crude steel production (Mt) | 22.4 | 20.8 | 21.9 | 22.8 | 22.8 |
| Steel shipments (Mt) | 20.9 | 20.0 | 19.9 | 21.7 | 22.2 |
| EBITDA/tonne (USD/t) | 75 | 78 | 73 | 118 | 95 |
Mr. Lakshmi N. Mittal, Chairman and CEO of ArcelorMittal, commented:
“Economic conditions remain challenging but our performance in the quarter reflects the results of the management action we have taken to confront the effects of the financial crisis. We have significantly reduced our net debt and the steps we have taken to focus production on our more competitive assets are beginning to yield results.
“We continue to prioritise our key franchise businesses. These include automotive, where our market leading high strength steels are highly valued by our customers; and mining, where the ramp up of ArcelorMittal Mines Canada remains on track for the first half of the year.”
Financial Calendar.
Earnings results
| Date | Title | Add to Outlook |
|---|---|---|
| 06.02.2013 | Results for 4th quarter 2012 and 12 months 2012 |  |
| 10.05.2013 | Results for 1st quarter 2013 | |
| 01.08.2013 | Results for 2nd quarter 2013 and 6 months 2013 | |
| 31.10.2013 | Results for 3rd quarter 2013 and 9 months 2013 | |
* Earnings results are issued before the opening of the stock exchanges on which ArcelorMittal is listed.
Please refer to the ArcelorMittal insider dealing policy for additional information
Closed periods
From 31 December 2012 to 7 February 2013 included
From 31 March 2013 to 11 May 2013 included
From 30 June 2013 to 2 August 2013 included
From 30 September 2013 to 1 November 2013 included
Investor events
| Date | Title | Add to Outlook |
|---|---|---|
| 08.05.2013 | Annual and Extraordinary meetings of ArcelorMittal shareholders | |
| 03.10.2013 | ArcelorMittal's retail Shareholder's event | |
