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ArcelorMittal(MT) - 2024 Q3 - Quarterly Report
2024-11-07 21:14
ARCELORMITTAL 6-K Exhibit 99.1 ArcelorMittal reports third quarter 2024 results Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided ...
ArcelorMittal(MT) - 2024 Q3 - Earnings Call Presentation
2024-11-07 17:14
| --- | --- | |------------------------------------------------------------------------------------------|-------| | | | | Q2 and 1H 2023 financial results Leadership presentation 3Q 2024 Financial Results | | | 27th July 2023 November 7, 2024 | | | Genuino Christino, Chief Financial Officer Daniel Fairclough, Head of Investor Relations | | | | | | | | Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about ArcelorMittal and its subsidiaries. These st ...
ArcelorMittal(MT) - 2024 Q3 - Earnings Call Transcript
2024-11-07 17:13
ArcelorMittal S.A. (NYSE:MT) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Genuino Christino – Group Chief Financial Officer Conference Call Participants Ephrem Ravi – Citi Alain Gabriel – Morgan Stanley Tom Zhang – Barclays Patrick Mann – Bank of America Andrew Jones – UBS Dominic O’Kane – JPMorgan Boris Bourdet – Boris Bourdet Tristan Gresser – BNP Paribas Matt Greene – Goldman Sachs Max Kogge – Oddo Bastian Synagowitz – Deutsche B ...
ArcelorMittal (MT) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-07 17:00
ArcelorMittal (MT) reported $15.2 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.6%. EPS of $0.63 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of -3.58% over the Zacks Consensus Estimate of $15.76 billion. With the consensus EPS estimate being $0.58, the EPS surprise was +8.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results
GlobeNewswire News Room· 2024-11-07 06:00
Luxembourg, November 7, 2024 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed ...
ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures
GlobeNewswire News Room· 2024-10-28 10:00
ArcelorMittal ('the Company') today announces the publication of its third quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha. To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately ...
ArcelorMittal, ABB Tie Up to Cut Environmental Impact With XCarb Steel
ZACKS· 2024-10-24 12:01
ArcelorMittal S.A. (MT) has collaborated with ABB to introduce XCarb steel, made using high quantities of recycled steel and 100% renewable energy, for ABB’s dependable Kabeldon power distribution system. The sustainable sourcing agreement reduces the carbon footprint of crucial electrification equipment by 29%. ArcelorMittal's XCarb helps ABB fulfill its sustainability goals by lowering the carbon impact of its products. Customers have relied on Kabeldon power distribution systems for decades to offer depe ...
ArcelorMittal Partners With VELUX for Low Carbon-Emission Steel
ZACKS· 2024-10-16 10:46
ArcelorMittal S.A. (MT) has signed a 10-year agreement with VELUX Group to supply recycled and renewably produced steel.Last year, the two companies decided to form an alliance to reduce the carbon footprint of steel used in VELUX roof windows by up to 70% compared to conventionally produced steel. The agreement included testing and validating ArcelorMittal's XCarb recycled and renewably manufactured steel, as well as its performance in VELUX roof window hinges and installation brackets.The signing of this ...
VELUX Group signs long-term agreement with ArcelorMittal to supply low carbon-emission steel
GlobeNewswire News Room· 2024-10-15 12:01
The VELUX Group has entered a 10-year agreement with ArcelorMittal concerning the supply of recycled and renewably produced steel. In 2023, the two companies agreed to enter a partnership to lower the carbon footprint of the steels used in VELUX roof windows by up to 70 percent, compared with conventionally produced steel. This co-operation involved the testing and validation of ArcelorMittal’s XCarb® recycled and renewably produced steel and its performance in VELUX roof window hinges and installation brac ...
ArcelorMittal to Acquire Nippon Steel's Interest in Calvert JV
ZACKS· 2024-10-15 11:11
ArcelorMittal S.A. (MT) recently announced that it has signed a definitive equity purchase agreement with Nippon Steel Corporation ("NSC") to acquire NSC's 50% equity stake in the AM/NS Calvert joint venture (JV). The transaction was entered into at NSC's request to address regulatory issues related to its agreed acquisition of US Steel. The deal is contingent on NSC completing its pending acquisition of U.S. Steel, which is subject to numerous regulatory requirements. Per the terms of the agreement, Arcelo ...