Aperam announced on Monday that analysts' consensus is now targeting an adjusted Ebitda of 73 million euros for the second quarter.

By way of comparison, the manufacturer of stainless steels and special steels had declared - at the time of its last earnings release - that it was targeting an adjusted Ebitda for the second quarter in excess of the 55 million euros recorded for the first three months of the year.

The group had justified the prospect of higher operating profit by the fact that delivery volumes were expected to increase slightly, while sales prices were expected to remain stable.

Following these announcements, Aperam shares rose by more than 4% on Monday morning on Euronext Paris.

Aperam plans to publish its second-quarter results on August 1.

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