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Acerinox SA (ANIOY)
OTHER OTC:ANIOY
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
0.11Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 3.46%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements, such as the acquisition and integration of Haynes International, strong performance in the North American market, and continued commitment to sustainability. However, these were offset by substantial challenges, including the impact of a prolonged strike in Europe, challenging market conditions, and increased financial debt. The overall sentiment is balanced with both positive and negative aspects.Company Guidance
In the recent conference call, Acerinox provided comprehensive guidance on their financial performance and strategic initiatives for 2024. The company reported a significant EBITDA of €500 million, despite challenges such as a 5-month strike in Europe, which impacted their financial outcomes with a loss of €84 million. The sale of Bahru Stainless at USD$95 million contributed positively to the accounts, resulting in a €146 million effect on their P&L. Their acquisition of Haynes International added €51 million in debt, but they are optimistic about the synergies, projecting €75 million in benefits. The company maintains a robust net financial debt position at €1.1 billion, with a net debt-to-EBITDA ratio of 2.2. Looking ahead, Acerinox plans to invest €300-€350 million in CapEx in 2025, focusing on expanding their production capabilities and enhancing their presence in high-performance alloys. CEO Bernardo Velázquez expressed confidence in the company's strategy, highlighting the potential for improved market conditions in the U.S. and Europe, which could lead to better performance in the upcoming quarters.Successful Acquisition and Integration of Haynes International
The acquisition of Haynes International is seen as a transformational milestone for Acerinox. The company expects synergies of €75 million, with a focus on expanding HPA production in the U.S. and leveraging Haynes' capabilities to enhance their position in the aerospace sector.
Sale of Bahru Stainless
Acerinox successfully sold Bahru Stainless for USD $95 million, resulting in an income effect of €146 million in 2024 due to prior impairments and favorable exchange rates.
Strong Results in North American Market
Despite a challenging environment, North American Stainless delivered strong results, increasing its market share by 2 points and maintaining stable prices even with reduced volumes.
High-Performance Alloys Division Performance
The High-Performance Alloys division, led by VDM, maintained solid demand, particularly in oil and gas, despite headwinds in the nickel market.
Commitment to Sustainability
Acerinox continued its sustainability efforts, including launching Eco-Acerinox, focusing on recycled materials and renewable energy, and maintaining strong performance in waste reduction and diversity.
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ANIOY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ANIOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $5.78 | $5.88 | +1.73% |
| Oct 29, 2024 | $4.81 | $4.56 | -5.20% |
| Jul 24, 2024 | $4.98 | $5.17 | +3.82% |
| Apr 25, 2024 | $5.13 | $5.20 | +1.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Acerinox SA (ANIOY) report earnings?
Acerinox SA (ANIOY) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Acerinox SA (ANIOY) earnings time?
Acerinox SA (ANIOY) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ANIOY EPS forecast?
ANIOY EPS forecast for the fiscal quarter 2025 (Q1) is 0.08.
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