2013-01-30 17:33:39 -
Luxembourg, 30 January 2013 - ArcelorMittal today announces the publication of
sell-side analysts' consensus forecasts for ArcelorMittal's 2012 fourth quarter
EBITDA. 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 | EBITDA consensus average |
| | analysts participation | $Million |
+----------+------------------------+--------------------------+
| Q4 2012E | 24 | $1,262 |
+----------+------------------------+--------------------------+
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:
* Applebaum Research - Michelle Applebaum
* Bank of America Merrill Lynch - Cedar Ekblom
* Bankia Bolsa - Iñigo Recio
* Citigroup - Tom O'Hara
* Commerzbank - Ingo-Martin Schachel
* Credit Suisse - Michael Shillaker
* Dahlman Rose & Co. - Anthony Rizzuto Jr.
* Davy - Tim Cahill
* Exane BNP Paribas - Sylvain Brunet, Luc Pez
* Goldman Sachs - Stephen Benson, Ken Foong
* Grupo Santander - Juan Ramon Correas
* HSBC - Thorsten Zimmerman
* Jefferies - Seth Rosenfeld
* JP Morgan - Alessandro Abate
* Kepler Capital Markets - Rochus Brauneiser
* Macquarie Bank - Jeff Largey
* Mainfirst - Alexander Hauenstein
* Morgan Stanley - Alexander Haissl
* Nomura - Neil Sampat
* Petercam - Alan Vandenberghe
* RBC - Tim Huff
* Societe Generale - Alain William
* UBS - Carsten Riek
Disclaimer
The consensus estimate is based on estimates, forecasts and predictions made by
third party financial analysts. It is not prepared based on information provided
or checked by ArcelorMittal and can only be seen as a consensus view on
ArcelorMittal's results from an outside perspective. ArcelorMittal has not
provided input on these forecasts, except by referring to past publicly
disclosed information. ArcelorMittal does not accept any responsibility for the
quality or accuracy of any individual forecast or estimate. This web page may
contain forward-looking statements based on current assumptions and forecasts
made by ArcelorMittal or third parties. Various known and unknown risks,
uncertainties and other factors could lead to material differences between
ArcelorMittal's actual future results, financial situation, development or
performance, and the estimates given here. These factors include those discussed
in ArcelorMittal's periodic reports available on www.arcelormittal.com
.
About ArcelorMittal
ArcelorMittal is the world's leading 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 2011, ArcelorMittal had revenues of $94.0 billion and crude steel production
of 91.9 million tonnes, representing approximately 6 per cent of world steel
output. The Group's mining operations produced 54 million tonnes of iron ore and
8 million tonnes of metallurgical coal.
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 visit: www.arcelormittal.com
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| |
| Contact information ArcelorMittal Investor Relations |
| Europe + 352 4792 3198 |
| Americas + 1 312 899 3569
|
| Retail + 44 203 214 2417 |
| SRI + 44 203 214 2854
|
| Bonds/Credit + 33 171 92 10 26
|
| |
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| |
| Contact information ArcelorMittal Corporate Communications |
| E-mail:
press@arcelormittal.com |
| Phone: +352 4792 5000 |
| |
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| | |
| ArcelorMittal Corporate Communications | |
| Giles Read (Head of Media Relations) + 44 20 3214 2845 | |
| Tobin Postma +
44 20 3214 2412 | |
| United Kingdom | |
| Maitland Consultancy: | |
| Martin Leeburn + 44 20 7379 5151 | |
| | |
| France | |
| Image 7 | |
| Sylvie Dumaine / Anne-Charlotte Creach + 33 1 5370 7470 | |
| | |
| | |
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ArcelorMittal S.A. via Thomson Reuters ONE
[HUG#1674315]
