April 16, 2021

ArcelorMittal achieves a net profit of 4,531 million euros in 2018, a further 12.7%

ArcelorMittal achieves a net profit of 4,531 million euros in 2018, a further 12.7%


MadridUpdated:

The European steel group ArcelorMittal, the largest in the world, has obtained last year a net profit of 4,531 million euros (5,149 million dollars), 12.7% more than in 2017, exercise in which he earned 4,020 million euros, the company reported today.

The gross operating profit (ebitda) it has grown by 22.1% to 9,034 million euros, while sales have amounted to 66,914 million euros, representing an increase of 10.7%.

On the other hand, ArcelorMittal has announced a share repurchase program for a maximum amount of 99.8 million euros (113.4 million dollars). The titles, which will be acquired between February 11 and December 31, will be used to cover the employee share program.

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