The 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 |
| Q3 2012E | 20 | $1,302 |
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:
- Bank of America Merill Lynch – Ceder Ekblom
- Bankia Bolsa – Iñigo Recio
- BHF Bank – Hermann Reith
- Citigroup – Tom O’Hara
- Commerzbank – Ingo-Martin Schachel
- Credit Suisse – Michael Shillaker
- Dahlman Rose & Co. – Anthony Rizzuto Jr.
- Davy – Killian Murphy, Tim Cahill
- Exane BNP Paribas – Sylvain Brunet, Luc Pez
- Goldman Sachs – Stephen Benson, Ken Foong
- Grupo Santander – Juan Ramon Correas
- JP Morgan – Alessandro Abate
- Kepler Capital Markets – Rochus Brauneiser
- Macquarie Bank – Jeff Largey
- Morgan Stanley – Alexander Haissel
- Nomura – Neil Sampat
- Petercam – Alan Vandenberghe
- RBC – Tim Huff
- Société Générale – Alain William
- UBS – Carsten Riek
About ArcelorMittal
ArcelorMittal is the world’s leading integrated steel and mining company, with a presence in more than 60 countries.
ArcelorMittal is the leader in all major global carbon steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology. The Group also has a world class mining business with a global portfolio of over 20 mines in operation and development, and is the world’s 4th largest iron ore producer. With operations in over 22 countries spanning four continents, the Company covers all of the key industrial markets, from emerging to mature, and has outstanding distribution networks.
Through its core values of sustainability, quality and leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and well-being of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment. It takes a leading role in the industry’s efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change. ArcelorMittal is a member of the FTSE4Good Index and the Dow Jones Sustainability World Index.
In 2010, ArcelorMittal had revenues of $78.0 billion and crude steel production of 90.6 million tonnes, representing approximately 6 per cent of world steel output. The Group’s mining operations produced 47 million tonnes of iron ore and 7 million tonnes of metallurgical coal.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal visit: www.arcelormittal.com