ArcelorMittal S.A.
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Publicatie datum
07 nov 2014 - 07:07
Statutaire naam
ArcelorMittal S.A.
Titel
ArcelorMittal reports third quarter 2014 and nine months 2014 results
Bericht
Luxembourg, November 7, 2014 - 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 and nine month periods ended September 30, 2014.
Highlights:
Health and safety performance improved in 3Q 2014 to an LTIF rate[2] of 0.78x
EBITDA[3] of $1.9 billion in 3Q 2014, an 11.2% improvement as compared to 3Q 2013 with notable improvements in Europe (+72.6%) and ACIS (+89.5%), offset by the negative impact of iron ore price on the Mining segment (-47.9%)
Steel shipments of 21.5 Mt in 3Q 2014, an increase of 3.9% as compared to 3Q 2013
3Q 2014 own iron ore production of 15.8 Mt, up 6% YoY; 10.0 Mt shipped and reported at market prices[4], up 6.3% YoY
Net debt[5] of $17.8 billion as of September 30, 2014 as compared to $17.4 billion as of June 30, 2014 due largely to working capital investment of $0.6 billion and dividends of $0.4 billion, partially offset by forex effects ($0.5 billion)
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