BRIEF-ArcelorMittal: Positive Free Cash Flow Outlook In 2024 And Beyond

Reuters

2024-11-07

Nov 7 (Reuters) - ArcelorMittal SA :

* ARCELORMITTAL REPORTS THIRD QUARTER 2024 RESULTS

* POSITIVE FREE CASH FLOW OUTLOOK IN 2024 AND BEYOND

* FY 2024 CAPEX IS EXPECTED TO BE WITHIN PREVIOUSLY COMMUNICATED GUIDANCE RANGE ($4.5BN-$5.0BN).

* COMPANY EXPECTS YEAR TO DATE INVESTMENT IN WORKING CAPITAL TO REVERSE BY YEAR END, SUPPORTING OUTLOOK FOR FREE CASH FLOW GENERATION

* COMPLETION OF COMPANY'S STRATEGIC GROWTH PROJECTS IS EXPECTED TO GENERATE ADDITIONAL EBITDA AND INVESTABLE CASH FLOW IN COMING PERIODS

* EXPECTS APPARENT DEMAND IN OUR AGGREGATE MARKETS TO BE HIGHER IN 2H 2024 VERSUS. 2H 2023

Source text: Further company coverage:

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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+48 58 769 66 00;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-ArcelorMittal: Positive Free Cash Flow Outlook In 2024 And Beyond</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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+48 58 769 66 00;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMSYF","symbol_name":"ArcelorMittal","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481949209","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481949209","pubTimestamp":1730961186,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 7  - ArcelorMittal SA   :   * ARCELORMITTAL REPORTS THIRD QUARTER 2024 RESULTS   * POSITIVE FREE CASH FLOW OUTLOOK IN 2024 AND BEYOND   * FY 2024 CAPEX IS EXPECTED TO BE WITHIN PREVIOUSLY COMMUNICATED GUIDANCE RANGE .   * COMPANY EXPECTS YEAR TO DATE INVESTMENT IN WORKING CAPITAL TO REVERSE BY YEAR END, SUPPORTING OUTLOOK FOR FREE CASH FLOW GENERATION   * COMPLETION OF COMPANY'S STRATEGIC GROWTH PROJECTS IS EXPECTED TO GENERATE ADDITIONAL EBITDA AND INVESTABLE CASH FLOW IN COMING PERIODS   * EXPECTS APPARENT DEMAND IN OUR AGGREGATE MARKETS TO BE HIGHER IN 2H 2024 VERSUS. 2H 2023Source text:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMSYF":"ArcelorMittal","BK4006":"钢铁","BK4588":"碎股","BK4178":"家庭装饰零售","BYON":"BEYOND","BK4585":"ETF&股票定投概念"},"translate_title":"简介-安赛乐米塔尔：2024年及以后自由现金流前景乐观","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMSYF":1,"BYON":1},"content_text":"Nov 7 (Reuters) - ArcelorMittal SA   :   * ARCELORMITTAL REPORTS THIRD QUARTER 2024 RESULTS   * POSITIVE FREE CASH FLOW OUTLOOK IN 2024 AND BEYOND   * FY 2024 CAPEX IS EXPECTED TO BE WITHIN PREVIOUSLY COMMUNICATED GUIDANCE RANGE ($4.5BN-$5.0BN).   * COMPANY EXPECTS YEAR TO DATE INVESTMENT IN WORKING CAPITAL TO REVERSE BY YEAR END, SUPPORTING OUTLOOK FOR FREE CASH FLOW GENERATION   * COMPLETION OF COMPANY'S STRATEGIC GROWTH PROJECTS IS EXPECTED TO GENERATE ADDITIONAL EBITDA AND INVESTABLE CASH FLOW IN COMING PERIODS   * EXPECTS APPARENT DEMAND IN OUR AGGREGATE MARKETS TO BE HIGHER IN 2H 2024 VERSUS. 2H 2023Source text:    Further company coverage:    (Gdansk Newsroom)((gdansk.newsroom@thomsonreuters.com; 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