ArcelorMittal announces the publication of second quarter 2015 EBITDA sell-side analyst consensus figures on

arcelorlogoThe consensus figures are based on analyst estimates recorded on an external web based tool to be provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus).

To arrive at the consensus figures below, VUMA have aggregated the expectations of sell side analysts who, to our best knowledge, cover ArcelorMittal on a continuous basis. This is a group of about 30 brokers currently. The listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views.

On this page we provide you with the analyst estimates compiled by Vuma Consensus, and 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
2Q 2015E 24 $1,361

The consensus data is based on projections made by sell-side analysts. 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
  • Banco Sabedell – Francisco Jose Rodriguez
  • Bank of America Merrill Lynch – Cedar Ekblom
  • Barclays Bank – Vladimir Sergievskiy
  • BBVA – Luis De Toledo
  • BEKA Finance – Iñigo Recio Pascual
  • Citi – Michael Flitton
  • Commerzbank – Ingo-Martin Schachel
  • Cowen & Company – Tony Rizzuto
  • Credit Suisse – Michael Shillaker
  • Davy – Colin Sheridan
  • Deutsche Bank – Bastian Synagowitz
  • Exane BNP Paribas – Luc Pez
  • Goldman Sachs – Stephen Benson
  • Grupo Santander – Robert Jackson
  • HSBC – Thorsten Zimmerman
  • ING – Jaap Kuin
  • Jefferies International – Seth Rosenfeld; Alan Spence
  • Kepler Cheuvreux – Rochus Brauneiser
  • Petercam – Junior Cuigniez
  • Rabobank International – Frank Claassen
  • RBC Capital Markets – Tim Huff, Ioannis Masvoulas
  • Société Générale – Alain William
  • 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 2014, ArcelorMittal had revenues of US$79.3 billion and crude steel production of 93.1 million tonnes, while own iron ore production reached 63.9 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: