Edition:
United Kingdom

Aperam SA (APAM.AS)

APAM.AS on Amsterdam Stock Exchange

23.28EUR
14 Jun 2019
Change (% chg)

-- (--)
Prev Close
€23.28
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
298,829
52-wk High
€41.37
52-wk Low
€20.40

Latest Key Developments (Source: Significant Developments)

Aperam Q1 EBITDA Down At 81 Million Euros
Wednesday, 8 May 2019 

May 8 (Reuters) - APERAM SA ::Q1 EBITDA OF 81 MILLION EUROS , COMPARED WITH AN EBITDA OF 90 MILLION EUROS FOR THE FOURTH QUARTER QUARTER 2018.NET INCOME OF EUR 25 MILLION IN Q1 2019, COMPARED TO EUR 49 MILLION IN Q4 2018.STEEL SHIPMENTS OF 501 THOUSAND TONNES IN Q1 2019, A 4.4% INCREASE COMPARED TO STEEL SHIPMENTS OF 480 THOUSAND TONNES IN Q4 2018.FREE CASH FLOW BEFORE DIVIDEND OF EUR 24 MILLION IN Q1 2019, COMPARED TO EUR 35 MILLION IN Q4 2018..NET FINANCIAL DEBT OF EUR 106 MILLION AS OF MARCH 31, 2019, COMPARED TO EUR 48 MILLION AS OF DECEMBER 31, 2018..NET FINANCIAL DEBT IS EXPECTED TO REMAIN AT LOW LEVELS IN Q2 2019.CASH FLOW FROM OPERATIONS AMOUNTED TO EUR 71 MILLION IN Q1 2019, COMPARED TO EUR 88 MILLION IN Q4 2018.EBITDA IN Q2 2019 IS EXPECTED TO INCREASE COMPARED TO Q1 2019.Q1 SALES EUR 1.18 BILLION VERSUS EUR 1.22 BILLION YEAR AGO.  Full Article

Aperam Announces Final Purchase Price To Holders Of Outstanding $300 Mln 0.625%
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Aperam SA ::FINAL PURCHASE PRICE TO HOLDERS OF OUTSTANDING $300 MILLION 0.625%.ANNOUNCES FINAL PURCHASE PRICE IN RELATION TO INVITATION TO HOLDERS OF BONDS TO OFFER TO SELL ANY AND ALL OF THEIR BONDS TO CO FOR CASH.PURCHASER, APERAM, EXPECTS TO PURCHASE $137.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF BONDS PURSUANT TO INVITATION.FINAL PURCHASE PRICE HAS BEEN SET AT 107.02%, EQUATING TO $214,037 FOR EACH $200,000 IN PRINCIPAL AMOUNT OF BONDS.SETTLEMENT OF THE INVITATION IS EXPECTED TO OCCUR ON 2 APRIL 2019.PURCHASER WILL ALSO PAY CASH AMOUNT REPRESENTING ACCRUED BUT UNPAID INTEREST ON EACH $200,000 IN PRINCIPAL AMOUNT OF BONDS FROM 8 JAN 2019.BASED ON AN EXPECTED INVITATION SETTLEMENT DATE OF 2 APRIL 2019, THE ACCRUED INTEREST PAYMENT IS EXPECTED TO BE U.S.$291.67.SOLE DEALER MANAGER IS ACTING AS SETTLEMENT AGENT ON BEHALF OF THE PURCHASER.CITIGROUP GLOBAL MARKETS LIMITED HAS ACTED AS SOLE DEALER MANAGER IN CONNECTION WITH THE INVITATION.  Full Article

Aperam: EUR 100 Million Financing For Advanced Stainless Steel Manufacturing From EIB
Monday, 25 Feb 2019 

Feb 25 (Reuters) - APERAM SA ::REG-EIB PROVIDES EUR 100 MILLION IN FINANCING FOR ADVANCED STAINLESS STEEL MANUFACTURING.  Full Article

Aperam Proposes To Increase Its Base Dividend By About 15% To 1.75 Euros Per Share
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - APERAM SA ::PROPOSES TO INCREASE ITS BASE DIVIDEND BY ABOUT 15% FROM EUR 1.53/SHARE TO EUR 1.75/SHARE.  Full Article

Aperam EBITDA Down At 504 Million Euros
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - APERAM SA ::EBITDA OF EUR 504 MILLION IN 2018, COMPARED TO EUR 551 MILLION IN 2017.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.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.EBITDA IN Q1 2019 IS EXPECTED TO BE COMPARABLE TO Q4 2018 EBITDA.NET FINANCIAL DEBT IS EXPECTED TO REMAIN AT LOW LEVELS IN Q1 2019..NET FINANCIAL DEBT IS EXPECTED TO REMAIN AT LOW LEVELS IN Q1 2019.CASH FLOW FROM OPERATIONS AMOUNTED TO EUR 295 MILLION IN 2018, COMPARED TO EUR 374 MILLION IN 2017.  Full Article

Aperam Terminates Share Purchase Agreement With Lindsay Goldberg To Acquire VDM Metals Following Objections By European Commission
Friday, 21 Dec 2018 

Dec 21 (Reuters) - APERAM SA ::REG-APERAM ANNOUNCES THE TERMINATION OF THE SHARE PURCHASE AGREEMENT WITH LINDSAY GOLDBERG TO ACQUIRE VDM METALS FOLLOWING OBJECTIONS BY THE EUROPEAN COMMISSION.  Full Article

Aperam Terminates Agreement With Lindsay Goldberg To Acquire VDM Metals After European Commission Objections
Friday, 21 Dec 2018 

Dec 21 (Reuters) - APERAM SA ::APERAM ANNOUNCES THE TERMINATION OF THE SHARE PURCHASE AGREEMENT WITH LINDSAY GOLDBERG TO ACQUIRE VDM METALS FOLLOWING OBJECTIONS BY THE EUROPEAN COMMISSION.  Full Article

Aperam Q2 EBITDA Up At 150 Million Euros
Tuesday, 31 Jul 2018 

July 31 (Reuters) - APERAM SA ::Q2 STEEL SHIPMENTS 508,000 TONNES VERSUS 478,000 TONNES YEAR AGO.EBITDA OF EUR 150 MILLION IN Q2 2018, COMPARED TO EUR 141 MILLION IN Q1 2018.EBITDA IN Q3 2018 IS EXPECTED TO DECREASE COMPARED TO Q2 2018, DUE TO THE TRADITIONAL SEASONAL SLOWDOWN IN EUROPE.NET FINANCIAL DEBT TO REMAIN AT LOW LEVELS IN Q3 2018.Q2 EBITDA/TONNE EUR 295 VERSUS EUR 322 YEAR AGO.NET INCOME OF EUR 80 MILLION IN Q2 2018, COMPARED TO EUR 85 MILLION IN Q1 2018.Q2 REVENUES EUR 1.22 BILLION VERSUS EUR 1.30 BILLION IN REUTERS POLL.Q2 FREE CASH FLOW BEFORE DIVIDEND AND SHARE BUY-BACK AMOUNTED TO EUR 62 MILLION.  Full Article

Aperam Acquires $82.2 Mln Of Shares In Buy-back Program
Friday, 20 Jul 2018 

July 20 (Reuters) - APERAM SA ::APERAM ANNOUNCES THE COMPLETION OF ITS SHARE BUYBACK PROGRAM.IN AGGREGATE, 1,800,000 SHARES WERE BOUGHT UNDER THIS PROGRAM.SHARES BOUGHT REPRESENT AN EQUIVALENT AMOUNT OF USD 82.2 MILLION.  Full Article

Aperam Q3 EBITDA up at 125‍​ million dollars
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - APERAM SA ::Q3 EBITDA $125‍​ MILLION VERSUS $127 MILLION IN REUTERS POLL.Q3 REVENUE $1.20​ BILLION VERSUS $1.19 BILLION IN REUTERS POLL.Q3 REUTERS POLL: NET INCOME $55.4 MILLION, REVENUE $1.19 BILLION, EBITDA $127 MILLION, STEEL SHIPMENTS 447,000 TONNES.Q3 EBITDA/TONNE $262 VERSUS $271 YEAR AGO.STEEL SHIPMENTS OF 477 THOUSAND TONNES IN Q3 2017, STABLE COMPARED TO STEEL SHIPMENTS OF 478 THOUSAND TONNES IN Q2 2017‍​.Q3 NET INCOME $62 MILLION VERSUS $54 MILLION IN REUTERS POLL.EBITDA IN Q4 2017 IS EXPECTED TO INCREASE COMPARED TO Q3 2017.NET DEBT TO DECREASE IN Q4 2017."WE REMAIN CONFIDENT IN THE PERSPECTIVES OF THE STAINLESS STEEL MARKET " - CEO‍​.  Full Article

UPDATE 1-Outokumpu Q1 profit hit by rising costs, high inventory

HELSINKI, May 7 Outokumpu, one of the largest stainless steel makers in the world, reported a sharp fall in January-March profits, hit by rising input costs and high inventory levels at its distributors.