Aperam S.A.

APERAM is a stainless and specialty steel producer. Co. produces a range of stainless steel products and products including electrical steel (grain oriented, non-grain oriented, and non-grain oriented semi-processed steel), nickel alloys and specialties. Co. sells its products to customers on three continents in over 40 countries, including aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries. Co. manages its business according to three operating segments: Stainless and Electrical Steel; Services and Solutions; and Alloys and Specialties.
  • TickerAPAML
  • ISINLU0569974404
  • ExchangeLuxembourg Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryLuxembourg
ING
ING Helpdesk

Benelux Morning Notes

ING Benelux Conference highlights. Other news: Ageas: Takeover attempt unsuccessful from the go? ASML: Feedback from roadshow. Econocom: close to buying French maritime salvage company Les Abeilles. Sioen Industries: Impressive 1H20 but visibility on full year remains limited

Jérôme VINERIER

Analyse court terme - APERAM : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 29,20 €, puis 25,90 €. Le franchissement de 40,80 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Short term view - APERAM : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at €29.20, then €25.90. Passing €40.80 would question the continuation of the fall.

Jérôme VINERIER

Short term view - APERAM : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €29.20, then €25.90. Passing €40.80 would question the continuation of the fall.

Jérôme VINERIER

Analyse court terme - APERAM : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 29,20 €, puis 25,90 €. Le franchissement de 40,80 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Medium term view - APERAM : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €28.00, then €25.00. Passing €41.30 would question the continuation of the fall.

ING
ING Helpdesk

Benelux Morning Notes

ING Benelux Conference highlights. Other news: Ageas: Takeover attempt unsuccessful from the go? ASML: Feedback from roadshow. Econocom: close to buying French maritime salvage company Les Abeilles. Sioen Industries: Impressive 1H20 but visibility on full year remains limited

Alain William

ODDO : Winning trio of Q2: Acerinox, Aperam and Outokumpu in that order. Q3 expected to be broadly stable

>Outokumpu’s disappoints in Q2 2020 and launches a strategic review - Outokumpu reported a disappointing Q2 2020 EBITDA of € 45m (vs € 106m in Q1) as the group 1/ was forced to sell more ferrochrome on the spot market (less profitable than the benchmark), 2/ faced a temporary drop in the efficiency of its scrap utilisation rate (Europe BU) and 3/ had an unfavourable mix for the Americas BU. Management has provided no guidance for Q3 but expects a 10% drop in sequenti...

Alain William

ODDO : Le trio gagnant du T2 : Acerinox, Aperam et Outokumpu dans cet ordre. Un T3 attendu stable dans l’ensemble

>Outokumpu déçoit au T2 2020 et lance une revue stratégique - Outokumpu a publié un EBITDA décevant au T2 2020 à 45 M€ (vs 106 M€ au T1) car le groupe 1/ a été contraint de vendre plus de Ferrochrome sur le marché spot (moins profitable que le benchmark), 2/ a fait face à une baisse temporaire de son efficacité dans l’utilisation de la ferraille (BU Europe) et 3/ à un mix défavorable pour la BU Americas. Le management ne donne pas de guidance pour le T3 mais indique s...

ING
ING Helpdesk

Benelux Morning Notes

AMG: Very soft 2Q20 marks earnings bottom. Aperam: Solid 2Q20, 3Q20 guidance reflects seasonality and risk of renewed imports. ASM International: Revenue trend slightly ahead, profitability makes an upward jump. BE Semiconductor Industries: Places €150m convertible. DWS: 2Q20 results - once more showing resilience. Elia: 1H20 below expectations. Fugro: Strong performance and more to come. Kinepolis: AMC-Universal deal to reduce release window in the US. Melexis: 2Q20 much better than feared. Solvay: 3% EBITDA beat and strong FCF on fast-tracked cost savings Vopak: After a s...

Alain William

Aperam : Q2 2020 adjusted EBITDA is higher than expected. Q3 guidance is in line with our forecasts

>Q2 2020 adjusted EBITDA comes in above expectations - Aperam reported Q2 2020 adjusted EBITDA of € 49m (vs € 70m in Q1 2020) above our expectations (ODDO BHF: € 45m) and the consensus (€ 42m). This better showing stems from a lower-than-expected decline in shipments (-14% to 376kt vs guidance of -15%/-25%) namely on the back of a strong resilience in Brazil. During the quarter, all divisions remained in positive territory with Stainless and Electrical Steel showing a...

Jean Sassus ...
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/10/2020

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Jean Sassus ...
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 10/08/2020

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Alain William ...
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jerôme Bodin

ODDO BHF Small & MIDCAP MORNING NEWS - 07/03/2020

Ecology and economic development are often depicted as opposing forces. The European Green Deal pulls off the feat of promoting the former to ensure the latter. Whilst its financing may have raised doubts, the prospect of the € 750bn recovery plan underpins its credibility. Better still, this plan, which proposes for the first time a pooling of debts, is revolutionary. Indeed, for the sectors and stocks concerned, it catalyses the cumulative effects of the additional activity that th...

Thanks to a better fundamental star rating, APERAM SA sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to APERAM SA (NL), active in the Steel industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date June 9, 2020, the closing price was EUR 26.87 and its expected value was estimated at EUR 22.99.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

Aperam - Assemblée Générale du 5 mai 2020

Conformément à la Loi du 1er août 2019 transposant la directive SRD II en droit luxembourgeois, la société a adopté une politique de rémunération et a préparé un rapport de rémunération 2019 des membres du conseil et des membres du Comité Exécutif qui sont soumis pour la première fois à un vote consultatif des actionnaires. Bien que la structure et les montants de la rémunération du Directeur général soient dans l'ensemble acceptables, les critères de performance des PSU permettent des acquisitions en cas de sous-performance par rapport aux TSR des indices de comparaison (SBF 120 et DAX) et à...

Expert Corporate Governance Service (ECGS)

Aperam - Assemblée Générale des actionnaires du

Cette année encore, au même titre que l'année dernière, en raison de nos fortes préoccupations liées à la gouvernance de la société ainsi qu'en raison de l'absence de communication de la rémunération individuelle du mandataire social dirigeant et de résolution permettant aux actionnaires de s'exprimer sur sa rémunération, la proposition demandant le quitus pour les administrateurs ne sera pas soutenue (résolution V). Le renouvellement de mandat de M. Lakshmi N. Mittal ne sera pas recommandé à cause du trop grand nombre de mandats (résolution VI).Par contre les renouvellements de mandat de de ...

Aperam - Assemblée générale des actionnaires du 07 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Jehanne Leroy

Proxy Report - 09/05/2018

Cette année encore, au même titre que l’année dernière, en raison de nos fortes préoccupations liées à la gouvernance de la société ainsi qu'en raison de l'absence de communication de la rémunération individuelle du mandataire social dirigeant et de résolution permettant aux actionnaires de s'exprimer sur sa rémunération, la proposition demandant le quitus pour les administrateurs ne sera pas soutenue (résolution V). Les renouvellements du mandat d'administrateur de Philipe Darmayan sera approuvé car bien que non indépendant, le conseil reste majoritairement indépendant (résolution VI). La r...

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