EUR 100.00 For Business Accounts Only

ARCELOR MITTAL: 2Q’23 RESULTS (ANÁLISIS BANCO SABADELL)

2Q'23 vs. 2Q'22 Results
Sales: US$ 18.606 Bn (-16.0% vs. -14.6% expected);
EBITDA: US$ 2.605 Bn (-49.5% vs. -51.5% expected and -51.7% expected by the market consensus);
Net Profit: US$ 1.86 Bn (-52.6% vs. -62.9% expected and -63.1% expected by the market consensus);
1H'23 vs. 1H'22 Results
Sales: US$ 37.107 Bn (-15.6% vs. -14.9% expected);
EBITDA: US$ 4.427 Bn (-56.8% vs. -57.7% expected and -57.9% expected by the market consensus);
Net Profit: US$ 2.956 Bn (-63.3% vs. -68.3% expected and -68.4% expected by the market consensus).