Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
ArcelorMittal ( (GB:0RP9) ) has shared an announcement.
ArcelorMittal reported resilient financial results for 2024, achieving an EBITDA of $7.1 billion despite challenging market conditions. The company reinvested cash flow for growth, shareholder returns, and strategic projects, while maintaining a strong balance sheet. Notably, ArcelorMittal is focused on strategic growth projects expected to increase EBITDA potential, advancing decarbonization initiatives, and plans for increased capital returns to shareholders. The outlook for 2025 is optimistic with expectations of higher demand, disciplined capital expenditure, and positive free cash flow driven by strategic project completions.
More about ArcelorMittal
ArcelorMittal is the world’s leading integrated steel and mining company, operating in various geographical markets. It focuses on producing a diverse range of steel products and mining operations, catering to regional and product diversification to maintain resilience in challenging market conditions.
YTD Price Performance: 8.69%
Average Trading Volume: 343,603
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €19.9B
Find detailed analytics on 0RP9 stock on TipRanks’ Stock Analysis page.
