Aperam ( (APEMY) ) has released its Q4 earnings. Here is a breakdown of the information Aperam presented to its investors.
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Aperam is a global company specializing in stainless, electrical, and specialty steel, as well as recycling, with operations across several countries including Brazil, Belgium, France, the United States, India, and China. The company is known for its focus on sustainability and a unique capability to produce low carbon footprint stainless steel.
In its latest earnings report for 2024, Aperam announced a significant improvement in several key financial metrics despite a challenging market environment. The company’s shipments increased by 4.2% compared to 2023, and its Adjusted EBITDA rose to EUR 356 million, up from EUR 304 million the previous year. Net income also saw an increase, reaching EUR 231 million for the year.
Key points from the report include a decrease in total sales by 5.1% to EUR 6,255 million, mainly due to lower raw material prices. However, positive results in the Alloys & Specialties and Recycling & Renewables segments contributed to a stronger EBITDA performance. The Leadership Journey® Phase 5 program also achieved substantial gains, contributing to the company’s improved financial results.
Looking ahead, Aperam’s management anticipates a lower EBITDA for Q1 2025 compared to Q4 2024, partly due to the consolidation of Universal Stainless & Alloy Products Inc. The company is poised for growth opportunities in the United States and the aerospace sector, which could further strengthen its market position.
Investors and stakeholders remain optimistic about Aperam’s strategic direction and its commitment to sustainability, as demonstrated by its recent acquisition and expansion efforts.
