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schrieb am 14.11.07 12:29:52
Luxembourg, November 14, 2007 – ArcelorMittal1 (referred to as
“ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT;
Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the
world’s largest and most global steel company, today announced
results for the three and nine-month periods ended September 30,
2007.
Highlights:
Record third quarter results – in line with guidance
* EBITDA2 of $4.9 billion, up 12% year-on-year
* Net income of $3.0 billion – up 36% year-on-year
* Strong cash flow from operations of $4.1 billion for the
quarter
* First nine months 2007 EBITDA of $14.6 billion, up 30%
year-on-year
Growth strategy advancing
* 20mt of organic growth identified by 2012
* Transactions announced in Argentina, Canada, China, Italy and
Turkey
Guidance
* Q407 EBITDA guidance of $4.6-$4.8 billion, versus $4.1 billion in
Q406
* On track to deliver full year EBITDA of $19.2-$19.4 billion
compared with pro forma 2006 full year EBITDA of $15.3 billion
New base dividend announced
Commenting, Lakshmi N. Mittal, President and CEO, ArcelorMittal,
said:
“We are pleased to report another strong set of numbers for the
third quarter, with EBITDA at $4.9 billion. This takes EBITDA for
the first nine months of the year to $14.6 billion, 30% higher than
in 2006. We are on track to deliver a record year for the
Company.
The Company is making good progress with its three-dimensional
growth strategy. We have announced a number of important strategic
transactions in the quarter in Argentina, Canada, China, Italy and
Turkey to further strengthen our market-leading position. We have
also identified 20mt of organic growth by 2012, taking advantage of
strong growth dynamics in developing markets.
We are very pleased with the overall progress of the Company.”
1 ArcelorMittal is the name of the entity resulting from the merger
of (former) ArcelorMittal into Arcelor on November 13, 2007. The
accounts presented herein are those of the (former) ArcelorMittal
which merged into Arcelor.
2 EBITDA is defined as operating income plus depreciation.
Financial highlights (on the basis of IFRS, amounts in US$ and
Euros3):
(In millions of U.S. dollars except earnings per share and
shipments data)
Results US Dollars
Q3 2007
Actual Q2 2007
Actual Q3 2006
Pro forma 9M 2007
Actual 9M 2006
Pro forma
Shipments (Million MT)4 26.0 28.7 26.9 81.7 83.8
Sales 25,524 27,223 22,069 77,223 65,373
EBITDA 4,881 5,326 4,354 14,553 11,154
Operating income 3,853 4,232 3,444 11,540 8,581
Net income 2,960 2,723 2,182 7,933 5,602
Basic earnings per share $2.10 $1.97 $1.58 $5.70 $4.05
(In millions of Euros except earnings per share and shipments
data)
Results Euros
Q3 2007
Actual Q2 2007
Actual Q3 2006
Pro forma 9M 2007
Actual 9M 2006
Pro forma
Shipments (Million MT)4 26.0 28.7 26.9 81.7 83.8
Sales 18,579 20,194 17,312 57,445 52,517
EBITDA 3,553 3,951 3,415 10,826 8,960
Operating income 2,805 3,139 2,702 8,584 6,893
Net income 2,155 2,020 1,712 5,901 4,500
Basic earnings per share €1.53 €1.46 €1.24 €4.24 €3.25
Base Dividend Increased by 20 cents to US$1.50
With full year EBITDA expected at $19.2-$19.4 billion, the Board of
Directors has recommended to increase the Company’s base dividend
by 20 cents from US$1.30 to US$1.50. Of this 20 cents, 10 cents
will reflect the underlying growth of the Company and 10 cents the
sustainable improvement of the Company’s profitability resulting
from the merger.
As a consequence, the Board of Directors will submit to a
shareholders vote, at the next annual general meeting, the proposal
to increase the quarterly dividend payment from $0.325 to $0.375.
The dividend payments will occur on a quarterly basis for the full
year 2008. Consequently, the new quarterly dividend payments would
take place on March 17, 2008, June 16, 2008, September 15, 2008 and
December 15, 2008, taking into account that the first quarter
dividend payment to be paid on March 17, 2008 shall be an interim
dividend.
Final payment of current year dividend of $0.325 per share will be
payable on December 17, 2007.
ArcelorMittal distribution policy is based on its commitment of
returning 30% of net income to shareholders every year through an
annual base dividend, supplemented by additional share buy-backs.
The base dividend has been designed to ensure a stable annual
return and to increase in order to reflect the underlying growth of
the Company.
3. U.S. dollars have been translated into Euros using an average
exchange rate (US$/Euro) of 1.3738, 1.3481, 1.2748, 1.3443 and
1.2448 for Q3 2007, Q2 2007, Q3 2006, 9M 2007 and 9M 2006,
respectively.
4. Some inter-company shipments are not eliminated.
Inter-company transactions have been eliminated in consolidation.
The financial information in this press release and Appendix 1 has
been prepared in accordance with International Financial Reporting
Standards as endorsed by the European Union (“IFRS”). While the
financial information included in this announcement has been
prepared in accordance with IFRS applicable to interim periods,
this announcement does not contain sufficient information to
constitute an interim financial report as defined in International
Auditing Standards 34, “Interim Financial Reporting”. Unless
otherwise noted the numbers in this press release have not been
audited.
Third quarter 2007 News Conference (for Media)
ArcelorMittal management will host a news conference:
Date: Wednesday, November 14, 2007
Time: 5.30 am New York Time / 10.30 am Greenwich Mean Time / 11.30
am Central European Time
The dial in number:
* International number: +44 207 0705 579
* UK: 0207 0705 579
* USA:+1 866 432 7186
Replay Numbers:
* International number: +44 208 196 1998
* UK: 0208 196 1998
* USA: +1 866 583 1035
Access Code for each language on the replay:
* English 069434 #
* Spanish 181439 #
* French 414790 #
The news conference will be available via a live video webcast on
www.arcelormittal.com.
schrieb am 24.01.08 13:56:56
Antwort auf Beitrag Nr.: 32.421.732
von mickefett am 14.11.07 12:29:52Dividend
Payment Schedule
In 2008 the payment of quarterly dividends will occur according to
the following schedule.
A gross dividend of 1.50 USD per share (paid on a quarterly basis)
will be submitted to shareholder approval at the next Annual
General Meeting of May 13, 2008. Quarterly payments of 0.375 USD
per share will occur on March 17, June 16, September 15 and
December 15.
Dividends are announced in USD and paid in USD for shares listed on
the NY stock exchange and paid in Euros for shares listed on the
European stock exchanges (Netherlands, France, Spain, Luxembourg
and Belgium). Dividends to be paid in Euros are converted from USD
to Euros based on the ECB exchange rate mentioned in the table
below.
A Luxembourg withholding tax of 15% is applied on the gross
dividend amounts.
The paying agents per listing countries will be announced before
the quarterly payment dates.
1st Quarter 2008* (interim dividend) USA, Netherlands, France,
Spain, Luxembourg, Belgium
Gross dividend per share 0.375 USD
Ex-Dividend March 3rd
Record Date March 5th
Payment Date March 17th
schrieb am 24.01.08 14:00:35
ArcelorMittal inaugurates Arceo, an innovative vacuum plasma
coating line
Luxembourg/Liège, 24 January 2008 – Today, world steel leader
ArcelorMittal inaugurates Arceo, its industrial prototype for a
vacuum plasma steel coating line located in Liège, Belgium. This
breakthrough technology, developed as a world first by the Group’s
Research and Development in partnership with the Walloon Region,
will open up a host of new uses for flat steel products. With this
process steel can be a sensor, a reflector, a source of light, an
anti-bacterial or self-cleaning surface, or just simply more
aesthetic or endowned with better anti-corrosive properties. This
process is one of ArcelorMittal’s promising development projects
and will contribute to renewing and expanding its product
range.
The vacuum plasma process is respectful of the environment. It does
not use solvents or chemical preparations; neither does it generate
effluents or gases that require treatment. Furthermore, it enables
the production of environmentally friendly products that allow for
sustainable development.
After successfully developing the first investment phase,
Christophe Cornier, EVP Flat Carbon Western Europe, announced the
launch of a second phase specifically devoted to increasing the
anti-corrosive properties of steel.
Christophe Cornier commented: “ArcelorMittal can be proud of its
faith in this project. Developments so far have proved that the
process is robust and respectful of the environment. Several tests
are currently being carried out for clients interested in the
process. With Arceo, ArcelorMittal will transform the future of
steel, opening up new horizons for it.”
Greg Ludkovsky, VP Research and Development, added : “We are very
happy to see that this project initiated within our reseach centers
is becoming an industrial success.”
About ArcelorMittal
ArcelorMittal is the world's number one steel company, with 320,000
employees in more than 60 countries. The company brings together
the world's number one and number two steel companies, Arcelor and
Mittal Steel.
ArcelorMittal is the leader in all major global markets, including
automotive, construction, household appliances and packaging, with
leading R&D and technology, as well as sizeable captive
supplies of raw materials and outstanding distribution networks. An
industrial presence in 27 European, Asian, African and American
countries exposes the company to all the key steel markets, from
emerging to mature, positions it will be looking to develop in the
high-growth Chinese and Indian markets.
ArcelorMittal key pro forma financials for 2006 show combined
revenues of USD 88.6 billion, with a crude steel production of 118
million tonnes, representing around 10 per cent of world steel
output.
ArcelorMittal is listed on the stock exchanges of New York (MT),
Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and
on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and
Valencia (MTS).
schrieb am 24.01.08 14:01:51
Antwort auf Beitrag Nr.: 32.421.732
von mickefett am 14.11.07
12:29:52ArcelorMittal share buyback program: status
report as of January 16
Luxembourg, 18 January 2008 - ArcelorMittal, under the new share
buy-back program as announced on 13 September and on 12 December
2007, hereby announces that it has repurchased 1,007,333 shares
from 10 January until 16 January 2008.
The shares were repurchased at an average price of EUR 48.23355 and
for a total amount of EUR 44,864,124.70.
For more information on the share buy-back program see the
Corporate Governance section under Investors & Shareholders on
the ArcelorMittal website at www.arcelormittal.com.
schrieb am 24.01.08 14:05:05
Earning Results
Earnings results announcement
13 th February 2008 Results for 4th quarter 2007 and 12 months
2007
14 th May 2008 Results for 1st quarter 2008
30 th July 2008 Results for 2nd quarter 2008 and 6 months 2008
5 th November 2008 Results for 3rd quarter 2008 and 9 months
2008
Closed Periods
In 2008 there will be the following regular Closed Periods, during
which employees can not trade in shares, options or other
securities of ArcelorMittal and affiliates:
From 01 January 2008 until 13 Feburary 2008
From 01 April 2008 until 14 May 2008
From 01 July 2008 until 31 July 2008
From 01 October 2008 until 05 November 2008
schrieb am 30.01.08 14:20:29
ArcelorMittal share buyback program: status report as of January
23
Luxembourg, 25 January 2008 - ArcelorMittal, under the new share
buy-back program as announced on 13 September and on 12 December
2007, hereby announces that it has repurchased 1,843,742 shares
from 17 January until 23 January 2008.
The shares were repurchased at an average price of EUR 40.3928 and
for a total amount of EUR 74,473,971.90.
For more information on the share buy-back program see the
Corporate Governance section under Investors & Shareholders on
the ArcelorMittal website at www.arcelormittal.com.
schrieb am 30.01.08 14:25:28
ArcelorMittal announces second season of its Web TV "Inside
Transforming Tomorrow"
Luxembourg, 30 January 2008 - ArcelorMittal today announces the
launch of "Inside Transforming Tomorrow", the second season of its
successful Web TV at www.arcelormittal.tv.
The new season will monitor the performance and progress of the
company post merger, as it seeks to deliver on its brand promise of
'transforming tomorrow'. It will also focus on the challenges it
faces as not only the biggest steel company in the world, but one
of the 50 biggest companies globally, doing business in over 60
countries.
In-line with the approach of the Web TV's first season, the new
season has been constructed around the same transparency that
characterized the first season, giving stakeholders an opportunity
to speak frankly and honestly about their experiences working for
or doing business with the company.
Web TV season I's main objective was to provide an effective
communications channel to the 320,000 ArcelorMittal employees
around the world during the delicate integration phase following
the 2006 merger of Arcelor and Mittal Steel. It proved one of the
most successful communications exercise undertaken by the company,
both internally and externally spanning 15 episodes, 544,431 unique
visitors, 882,054 pages views and near 250,000 views of the video
episodes.
"The Web TV was envisaged as a one off tool for the integration
process," said Nicola Davidson, VP of Corporate Communications.
"However we had such good feedback -particularly internally - that
we recognised its value as an open and transparent way to enable
employees to share their views about the company and share in the
global challenges and success of the business they work for. We
have effected a successful merger but that doesn't mean there are
not new challenges ahead. Last year we launched our new brand
'transforming tomorrow' with the values of "Sustainability, Quality
and Leadership". We regard these values as core to our continued
success as a business and the Web TV is an important tool in
enabling us to track how we are performing against this
promise."
Aditya Mittal, CFO and Member of the Group Management Board and
also Responsible for Communication, said: "Season II takes a
personal, more human approach where the viewer is invited to share
moments of the lives of the men and women that are the very essence
of ArcelorMittal. Around the globe the viewer will experience the
challenges and aspirations that form our daily life, and be a part
of the communities that build this thriving company. I hope that
the result helps our stakeholders better appreciate the enormous
scale and scope this company has and the numerous ways we are
working towards having a positive impact in the world around us
that helps transform tomorrow."
The first episode features the company's Liberia project. Having
acquired the mining rights to a major iron-ore deposit in 2006, the
Liberia project is an important part of the Group's stated ambition
to increase its iron-ore self-sufficiency to 75%. The episode
tracks the challenges the company faces in a country which has been
subject to many years of civil unrest and the progress it is
making. It must not only focus on developing the mines but also on
developing the appropriate infrastructure that will enable the
sustainable development of the project and community. This includes
investment in areas such as education and healthcare.
"We are delighted that the Liberian iron ore project was chosen to
launch the new season of the Web TV" said Joe Mathews, CEO of
ArcelorMittal's Mining Project in Liberia. "Liberia offers an
excellent opportunity for ArcelorMittal to transform tomorrow - for
the country as well as the operation here. We hope this exposure
will further enable the transfer of skills, training and ideas from
our sister facilities to build this venture from the ground
up."
"I have been coming to Liberia for some years now and I can see the
positive changes that are beginning to take place. Nevertheless the
country faces huge challenges. Unemployment for example stands at
80%. The country definitely needs investors such as ArcelorMittal
to help kick-start its economy and provide jobs."
ArcelorMittal has worked with Communication agency Vanksen |
Culture-Buzz and the Production House Connected Pictures in
producing this season. In parallel to the episodes, the site has
been developed as a rich community-oriented space where, like in
season I, visitors are encouraged to get involved with the content,
react to the stories, and actively be a part of the endeavour.
schrieb am 21.02.08 13:31:18
Bericht über den Stand des Aktienrückkaufprogramms:
ArcelorMittal share buyback program: status report as of February
18
Luxembourg, 19 February 2008 - ArcelorMittal, under the new share
buy-back program as announced on 12 December and on 18 December
2007, hereby announces that it has repurchased 291,733 shares from
13 February until 18 February 2008.
The shares were repurchased at an average price of EUR 47.66 and
for a total amount of EUR 13,902,935.99.
For more information on the share buy-back program see the
Corporate Governance section under Investors & Shareholders on
the ArcelorMittal website at (www.arcelormittal.com).