The 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).
To 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 approximately 15-20 brokers.
The 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.
EBITDA consensus estimates
Period |
Number of sell-side analysts participation |
EBITDA consensus average $ million |
4Q 2021 |
16 |
$4,949 |
FY 2021 |
14 |
$19,360 |
The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 4Q’21 group consensus outlined above are the following:
- Barclays – Tom Zhang
- CITI – Ephrem Ravi
- Deutsche Bank - Bastian Synagowitz
- Exane – Tristan Gresser
- Goldman Sachs - Jack O’Brien
- Groupo Santander - Robert Jackson
- GVC Gaesco Beka - Iñigo Recio Pascual
- ING - Stijn Demeester
- Jefferies - Alan Spence
- JPM – Luke Nelson
- Kepler - Rochus Brauneiser
- Keybanc - Phil Gibbs
- Morgan Stanley - Alain Gabriel
- Oddo - Alain Williams
- Renta4 - Iván San Felix Carbajo
- UBS – Myles Allsop, Andrew Jones