January 2017 -
has today announced the publication of sell-side analysts’ consensus figures
for full-year 2016 Ebitda.
consensus figures are based on analysts’ estimates recorded on an external
web-based tool provided and managed by an independent company, Vuma Financial
Services Limited (trade name: Vuma Consensus).
arrive at the consensus figures below, Vuma Consensus 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 between 25-30
listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal
is not responsible for their views. ArcelorMittal is neither involved in the
collection of the information nor in the compilation of the estimates.
consensus estimates Period
of sell-side analysts participating
consensus average $ million
The sell-side analysts who cover
ArcelorMittal and whose estimates are included in the group consensus outlined
above are the following:
- ABN Amro - Philip Ngotho
- Banco Sabadell - Francisco
José Rodríguez Sánchez
- Bank of America Merrill Lynch
- Jason Fairclough
- Barclays Bank - Vladamir
- BBVA - Luis de Toledo
- Berenberg - Alessandro Abate
- Citi - Ephrem Ravi
- Clarkson Platou Securities -
- Commerzbank - Ingo-Martin
- Cowen & Company - Tony
- Credit Suisse - Michael
- Degroof Petercam - Frank
- Deutsche Bank - Bastian
- Goldman Sachs - Eugene King
- Grupo Santander - Robert Jackson
- GVC Gaesco Beka - Iñigo Recio
- Haitong Securities - Andrew
- ING - Jaap Kuin
- Jefferies International - Seth
Rosenfeld; Alan Spence
- JP Morgan - Roger Bell
- Kepler Cheuvreux - Rochus
- Macquarie - Patrick Morton
- Morgan Stanley - Alain Gabriel
- RBC Capital Markets - Ioannis
- Société Générale - Christian
- UBS - Carsten Riek
The consensus estimate is based on estimates, forecasts and
predictions made by third party financial analysts. It is not prepared based on
information provided or checked by ArcelorMittal and can only be seen as a
consensus view on ArcelorMittal's results from an outside perspective.
ArcelorMittal has not provided input on these forecasts, except by referring to
past publicly disclosed information. ArcelorMittal does not accept any
responsibility for the quality or accuracy of any individual forecast or
estimate. This web page may contain forward-looking statements based on current
assumptions and forecasts made by ArcelorMittal or third parties. Various known
and unknown risks, uncertainties and other factors could lead to material
differences between ArcelorMittal's actual future results, financial situation,
development or performance, and the estimates given here. These factors include
those discussed in ArcelorMittal's periodic reports available on
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.
We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.
In 2016, ArcelorMittal had revenues of $56.8 billion and crude steel production of 90.8 million tonnes, while own iron ore production reached 55.2 million tonnes.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
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