Luxembourg, 01 May 2014 - ArcelorMittal today announces the publication of sell-side analysts' consensus forecasts for ArcelorMittal's first quarter 2014 Ebitda. The consensus figures are based on sell-side analyst estimates recorded on an external web-based tool provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). The consensus figures, together with the full list of sell-side analysts who submitted their forecasts, are available here.
ArcelorMittal also announces today details of new reporting segments, following the changes to the company's organisational structure which took effect on 1 January 2014. The changes are only related to the allocation between the new reporting segments of NAFTA, Brazil (Brazil and neighbouring countries), Europe and ACIS. There are no changes to the Mining segment and group total.
The segmentation analysis to be presented in the company's first quarter earnings release on 9 May 2014 will follow the new organisational structure, alongside historic data that has been recast in the new format.
About ArcelorMittal
ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries and an industrial footprint in over 20 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components we use in our everyday lives more energy-efficient.
We are one of the world's five largest producers of iron ore and metallurgical coal and our mining business is an essential part of our growth strategy. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.
In 2013, ArcelorMittal had revenues of $79.4 billion and crude steel production of 91.2 million tonnes, while own iron ore production reached 58.4 million tonnes.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/
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Contact information ArcelorMittal Investor Relations | |
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Europe | + 352 4792 3198 |
Americas | +1 312 899 3985 |
Retail | + 352 4792 3198 |
SRI | + 44 207 543 1123 |
Bonds/Credit | + 33 171 92 10 26 |
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Contact information ArcelorMittal Corporate Communications | |
E-mail: | press@arcelormittal.com |
Phone: | +44 20 7629 7988 |
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ArcelorMittal Corporate Communications | |
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Sophie Evans (head of media relations) | +44 20 3214 2882 |
Laura Nutt | +44 20 7543 1125 |
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United Kingdom | |
Maitland Consultancy: | |
Martin Leeburn | + 44 20 7379 5151 |
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France | |
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Sylvie Dumaine / Anne-Charlotte Creach | + 33 1 5370 7470 |
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ArcelorMittal S.A. via Globenewswire
HUG#1782133