Acerinox Shows Resilience Amid Market Challenges
Company Announcements

Acerinox Shows Resilience Amid Market Challenges

Acerinox (ES:ACX) has released an update.

Acerinox reported an EBITDA of 114 million euros in Q3 2024, showcasing resilience amid challenging conditions in the U.S. and European markets. The company’s strategic measures, including the resumption of production at the Acerinox Europa plant and the upcoming sale of Bahru Stainless, are expected to bolster financial outcomes despite ongoing demand weaknesses. Investors are keenly watching these developments as Acerinox navigates market uncertainties and aims to enhance its financial position.

For further insights into ES:ACX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAcerinox price target lowered to EUR 11 from EUR 12 at Barclays
TheFlyAcerinox price target lowered to EUR 6.90 from EUR 7.60 at JPMorgan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App