Aperam S.A.
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
04 mei 2016 - 18:11
Statutaire naam
Aperam S.A.
Titel
First quarter 2016 - results
Bericht
Luxembourg May 4th, 2016
Highlights
Aperam (referred to as "Aperam" or the "Company") (Amsterdam, Luxembourg, Paris: APAM and NYRS: APEMY), announced today results for the three month period ending March 31, 2016
Timoteo Di Maulo, CEO of Aperam, commented:
"Despite market headwinds, we are pleased to have delivered the best first quarter net result since the spin-off. This makes us confident in the ability of Aperam to improve its performance continuously and capture any opportunity.
Looking ahead, we remain cautious given the economic environment. However, the first quarter confirmed that Q4 2015 was a trough in terms of market conditions and we believe that we will further improve our profitability."
Health and Safety frequency rate2 of 1.1 in Q1 2016 compared to 0.7 in Q4 2015 and 1.0 in 2015
Shipments of 483 thousand tonnes in Q1 2016, a 1% increase compared to shipments of 476 thousand tonnes in Q4 2015
EBITDA of USD 112 million in Q1 2016, compared to EBITDA of USD 105 million in Q4 2015
Net income of USD 49 million in Q1 2016, compared to a net income of USD 33 million in Q4 2015
Basic earnings per share of USD 0.63 in Q1 2016
Cash flow from operations amounted to USD 39 million in Q1 2016
Net debt4 of USD 338 million on March 31, 2016, representing a gearing of 14% compared to a net debt of USD 316 million on December 31, 2015
Prospects
EBITDA in Q2 2016 is expected to slightly increase compared to EBITDA in Q1 2016
Net debt to decrease in Q2 2016
Financial Highlights (on the basis of IFRS)
(USDm) unless otherwise stated Q1 '16 Q4 '15 Q1 '15
Sales 1,076 1,081 1,258
EBITDA 112 105 133
Operating income 73 65 86
Net income 49 33 42
Steel shipments (000t) 483 476 469
EBITDA/tonne (USD) 232 221 284
Basic earnings per share (USD) 0.63 0.42 0.54
Diluted earnings per share (USD) 0.57 0.40 0.50
Health & Safety results analysis
Gerelateerde downloads
Datum laatste update: 20 december 2025