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

Reuters11-07

* 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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481949209?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-07 14:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481949209","market":"us","top_or_hot":-1,"title":"BRIEF-ArcelorMittal: Positive Free Cash Flow Outlook In 2024 And Beyond","media":"Reuters","content":"<html><body><p>Nov 7 (Reuters) - <a href=\"https://laohu8.com/S/MTCN\">ArcelorMittal SA</a>   :</p><p>   * ARCELORMITTAL REPORTS THIRD QUARTER 2024 RESULTS</p><p>   * POSITIVE FREE CASH FLOW OUTLOOK IN 2024 AND <a href=\"https://laohu8.com/S/BYON\">BEYOND</a></p><p>   * FY 2024 CAPEX IS EXPECTED TO BE WITHIN PREVIOUSLY COMMUNICATED GUIDANCE RANGE ($4.5BN-$5.0BN).</p><p>   * COMPANY EXPECTS YEAR TO DATE INVESTMENT IN WORKING CAPITAL TO REVERSE BY YEAR END, SUPPORTING OUTLOOK FOR FREE CASH FLOW GENERATION</p><p>   * COMPLETION OF COMPANY'S STRATEGIC GROWTH PROJECTS IS EXPECTED TO GENERATE ADDITIONAL EBITDA AND INVESTABLE CASH FLOW IN COMING PERIODS</p><p>   * EXPECTS APPARENT DEMAND IN OUR AGGREGATE MARKETS TO BE HIGHER IN 2H 2024 VERSUS. 2H 2023</p><p>Source text:    Further company coverage:   </p><p> (Gdansk Newsroom)</p><p>((gdansk.newsroom@thomsonreuters.com; +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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-ArcelorMittal: Positive Free Cash Flow Outlook In 2024 And Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 14:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"钢铁","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":{"BK4006":"钢铁","BK4588":"碎股","BK4178":"家庭装饰零售","BYON":"BEYOND","AMSYF":"ArcelorMittal","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; +48 58 769 66 00;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481949209"}