Aperam : Q2 preview: can one swallow make a summer?
>Encouraging comments on value adjustments in Q2 and on current trading - We recapped on the situation with the company following the update published yesterday morning in which it confirmed all the Q2 guidance items. The group had indicated at the time of the earnings release on 3 May 2024 that it expected adjusted EBITDA to rise on Q1 (€ 55m) but to a lower level than that anticipated by the consensus. The latter then stood at € 93m according to Visible Alpha and it...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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