Aperam Announces Results for 3 Months and Full Year Ending December 31, 2018
Aperam, Metal-Expo regular exhibitor announced today results for the three months and full year ending December 31, 2018.
The report includes the following highlights:
Health and Safety: LTI frequency rate of 1.4x in 2018 compared to 1.4x in 2017
Steel shipments of 1,972 thousand tonnes in 2018, 1.9% increase compared to steel shipments of 1,936 thousand tonnes in 2017
EBITDA of EUR 504 million in 2018, compared to EUR 551 million in 2017
EBITDA of EUR 90 million in Q4 2018, compared to EUR 123 million in Q3 2018
Net income of EUR 286 million in 2018, compared to EUR 320 million in 2017
Basic earnings per share of EUR 3.39 in 2018, compared to EUR 4.00 in 2017
Cash flow from operations amounted to EUR 295 million in 2018, compared to EUR 374 million in 2017
Free cash flow before dividend and share buy-back of EUR 108 million in 2018, compared to EUR 211 million in 2017
Net financial debt of EUR 48 million as of December 31, 2018, compared to net cash position of EUR (63) million as of December 31, 2017
The Company recorded a net income of EUR 286 million for the year ended December 31, 2018.
Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. In 2018, Aperam had sales of EUR 4,677 million and steel shipments of 1.97 million tonnes.
Aperam welcomes all steel industry professionals to visit its stand at Metal-Expo'2019, the 25th Jubilee International Exhibition, November 12-15, Hall 75, VDNHa, Moscow, Russia.