Report

Aperam : Q3 2019 should mark a low point for EBITDA

>Patent ineffectiveness of rescue measures in Europe - Management indicated that economic conditions are still difficult in Europe (51% of 2018 EBITDA) particularly in the automotive and electrical appliance segment, and that it noted a recent dip in capital goods. Only the construction segment remained robust. Against this backdrop, CEO Timoteo Di Maulo expressed concerns about the ineffectiveness of the rescue measures which have not yet settled the questions of: 1/...
Underlying
Aperam SA

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.

Provider
Oddo BHF
Oddo BHF

​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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