25 April 2016 – ArcelorMittal has today announced the publication of first quarter 2016 Ebitda sell-side analysts’ consensus figures.
The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus).
To arrive at the consensus figures below, Vuma Consensus has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of around 30 brokers.
The listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.
EBITDA consensus estimates
| Period | Number of sell-side analysts participation | EBITDA consensus average $ million |
| Q1 2016E | 22 | $920 |
The sell-side analysts who cover ArcelorMittal and whose estimates are included in the group consensus outlined above are the following:
- ABN Amro – Philip Ngotho
- Bank of America Merrill Lynch – Cedar Ekblom
- BEKA Finance – Iñigo Recio Pascual
- Berenberg – Alessandro Abate
- Clarkson Platou Securities – Lee McMillan
- Commerzbank – Ingo-Martin Schachel
- Cowen & Company – Tony Rizzuto
- Credit Suisse – Michael Shillaker
- Degroof Petercam – Junior Cuigniez
- Deutsche Bank – Bastian Synagowitz
- Exane BNP Paribas – Luc Pez
- Goldman Sachs – Stephen Benson
- Grupo Santander – Robert Jackson
- ING – Jaap Kuin
- Jefferies International – Seth Rosenfeld; Alan Spence
- JP Morgan – Roger Bell
- Kepler Cheuvreux – Rochus Braunheiser
- Macquarie – Patrick Morton
- Morgan Stanley – Alain Gabriel
- Rabobank International – Frank Claassen
- RBC Capital Markets – Ioannis Masvoulas
- UBS – Carsten Riek
About ArcelorMittal
ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 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 people use in their 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 2015, ArcelorMittal had revenues of US$63.6 billion and crude steel production of 92.5 million tonnes, while own iron ore production reached 62.8 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/