Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last R$14.95 BRL
Change Today 0.00 / 0.00%
Volume 0.0
ARMT34 On Other Exchanges
Symbol
Exchange
EN Amsterdam
Xetra
New York
OTC US
EN Paris
Mexico
Sao Paulo
Frankfurt
Continuous
As of 3:38 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

arcelormittal - bdr (ARMT34) Snapshot

Open
R$14.95
Previous Close
R$14.95
Day High
R$14.95
Day Low
R$14.95
52 Week High
06/2/15 - R$17.73
52 Week Low
01/20/15 - R$13.05
Market Cap
49.8B
Average Volume 10 Days
3.4K
EPS TTM
--
Shares Outstanding
3.3B
EX-Date
05/7/15
P/E TM
--
Dividend
R$0.31
Dividend Yield
2.02%
Current Stock Chart for ARCELORMITTAL - BDR (ARMT34)

arcelormittal - bdr (ARMT34) Details

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products. The company’s products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, including blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. ArcelorMittal sells its products in local markets and through a centralized marketing organization in approximately 170 countries. In addition, the company produces mining products, including iron ore lumps, fines, concentrates, and sinter feeds, as well as coking, pulverized coal injection, and thermal coal. The company has iron ore mining activities in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States, as well as has mining developments in Canada and India; and coal mining activities in Kazakhstan and the United States. ArcelorMittal was founded in 1976 and is headquartered in Luxembourg.

222,327 Employees
Last Reported Date: 02/26/15
Founded in 1976

arcelormittal - bdr (ARMT34) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $2.4M
Compensation as of Fiscal Year 2014.

arcelormittal - bdr (ARMT34) Key Developments

ArcelorMittal Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for 2015; Reports Impairment Charges for Second Quarter of 2015

ArcelorMittal reported unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported sales of $16,890 million compared to $20,704 million a year ago. Operating income was of $579 million compared to $832 million a year ago. Income before taxes and non-controlling interest was of $306 million compared to $240 million a year ago. Net income attributable to equity holders of the parent was of $179 million or $0.10 per diluted share compared to $52 million or $0.03 per diluted share a year ago. EBITDA was $1,399 million compared to $1,763 million a year ago. Net cash provided by operating activities was of $1,019 million compared to $1,548 million a year ago. Purchase of property, plant and equipment and intangibles was of $542 million compared to $774 million a year ago. For six months, the company reported sales of $34,008 million compared to $40,492 million a year ago. Operating income was of $1,150 million compared to $1,506 million a year ago. Loss before taxes and non-controlling interest was of $204 million compared to income of $144 million a year ago. Net loss attributable to equity holders of the parent was of $549 million or $0.31 per diluted share compared to $153 million or $0.09 per diluted share a year ago. EBITDA was $2,777 million compared to $3,517 million a year ago. Net cash provided by operating activities was of $104 million compared to $1,077 million a year ago. Purchase of property, plant and equipment and intangibles was of $1,287 million compared to $1,649 million a year ago. Net debt of $16.6 billion as of June 30, 2015, stable as compared to March 31, 2015 mainly due to positive free cash flow of $0.5 billion offset by negative forex $0.2 billion and dividends of $0.3 billion. Net debt was lower by $0.9 billion year on year. Impairment charges for second quarter of 2015 were $19 million relating to the closure of the Georgetown facility in the US, compared to nil in both First Quarter 2015 and Second Quarter 2014. Assuming current market conditions persist into second half of 2015, and given an improvement is expected in the US due to the ongoing end of destocking and improved Calvert operations, as well as actions taken to improve the cost base, the Company’s guidance for 2015 remains unchanged and the company continue to expect 2015 EBITDA to be within the range of $6.0 billion - $7.0 billion. Furthermore, the Company expects 2015 capital expenditures of approximately $3.0 billion and 2015 net interest expense of approximately $1.4 billion. Importantly, the Company continues to expect positive free cash flow in 2015 and to achieve progress towards the medium term net debt target of $15 billion. For the quarter, crude steel production was 24.0 MT against 23.1 MT for the same period a year ago. For the six months, crude steel production was 47.8 MT against 46.1 MT for the same period a year ago.

ArcelorMittal, Q2 2015 Earnings Call, Jul 31, 2015

ArcelorMittal, Q2 2015 Earnings Call, Jul 31, 2015

United Steelworkers Union Balks at ArcelorMittal's Draconian Contract Proposal

United Steelworkers union said that ArcelorMittal's proposed new labour contract for US facilities is too draconian to be accepted. ArcelorMittal wants a three-year pact with no wage increases, deep cuts in benefits for both active and retired workers, and a two-tier compensation system that would see new workers earn less than current employees. The union accused ArcelorMittal of having 'cherry picked' parts of USW contracts from other industries. ArcelorMittal declined to comment on the union's remarks. The company also wants to stop contributing to the union's voluntary employee beneficiary association in a bid to 'eliminate benefits for legacy retirees and also wants to slash healthcare costs by reducing coverage and increasing monthly premiums. Other proposals include lower incentive payments for some workers, no incentives for others and more limited vacation, sickness and accident benefits.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ARMT34:BZ R$14.95 BRL 0.00

ARMT34 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alcoa Inc $9.87 USD -0.11
JFE Holdings Inc ¥2,326 JPY -93.00
Nippon Steel & Sumitomo Metal Corp ¥293.10 JPY +0.80
Rio Tinto Ltd A$52.86 AUD -0.14
ThyssenKrupp AG €23.04 EUR +0.038
View Industry Companies
 

Industry Analysis

ARMT34

Industry Average

Valuation ARMT34 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ARCELORMITTAL - BDR, please visit www.arcelormittal.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.