Aperam Published its Third Quarter 2022 Results

For more details, read our Press Release: click here and download our Analyst Slides & Aperam Model: click here.

Timoteo Di Maulo, CEO of Aperam, commented: 
“Aperam’s differentiated value chain and stable operations in Brazil enabled us to generate solid results and considerable free cash flow in the third quarter. We achieved this despite a pronounced inventory cycle and energy challenges in Europe and have, as usual with NWC discipline, begun our cash release immediately as markets started to turn, in particular in Europe. Our de-levered balance sheet, the good progress of the Leadership Journey® Phase 4 that contributes towards our 2025 targets and our unique synergistic value chain, make us confident in addressing the challenges ahead.“