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“Improvement of the stainless steel market is underway” Aperam returns to operating profit in first half-不锈钢展-2015第十六届广州国际不锈钢工业展-效果最好的不锈钢展会-The 16th China(Guangzhou)Int'l Stainless Steel Industry Exhi
11/18/2014 不锈钢展-不锈钢展会-效果最好的不锈钢展会- Stainless Steel Exhibition |
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Aperam’s sales in the second quarter of 2014 increased by 4% at US$1,444m compared to $1,394m in the first quarter of 2014. Shipments in the second quarter decreased by 2% at 466,000 tonnes compared to 475,000 tonnes in the first quarter.
EBITDA was $164m in the second quarter compared to $129m in the first quarter, and increased as a result of continued improved market conditions in Europe, the Leadership Journey® contribution, the Top Line strategy and the seasonal recovery in South America.
The company had an operating income in the second quarter of $107m compared to $54m in the previous quarter. The company recorded a net income of $36m, inclusive of an income tax expense of $13m, in the second quarter of 2014.
In the six months ended June 30, 2014, as compared to the six months ended June 30, 2013, Aperam’s sales increased by 7.7% to $2,838m from $2,635m. The increase in sales was due to higher shipments, which increased by 10.6% to approximately 941,000 tons from 851,000 tons, partly offset by lower average steel selling price, which decreased by 3.9% to $2,846/ton from $2,963/ton.
不锈钢展-2015第十六届广州国际不锈钢工业展-效果最好的不锈钢展会-The 16th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
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